NOTE 5 — INVENTORY

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out method. As of September 30, 2011 and March 31, 2011, inventories consisted of the following (in thousands):


	September 30, 2011			March 31, 2011
	(Unaudited)
Finished goods	$	25,709		$	10,593
Less inventory allowances		(397	)		(2,078	)

Net inventory	$	25,312		$	8,515