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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 5,100$ 9,102
Adjustments to reconcile net income to net cash used by operating activities:  
Depreciation and amortization167299
Deferred tax expense1,0961,050
Asset allowances, reserves and other(918)94
Gain on sale of marketable security(828) 
Changes in assets and liabilities:  
Accounts receivable(5,708)518
Other receivables401(302)
Due from affiliates(9)(45)
Inventories(15,117)(24,444)
Prepaid expenses and other current assets(415)207
Other assets28(14)
Accounts payable and other current liabilities6,2683,367
Due to affiliates(1)(26)
Interest and income taxes payable(79)154
Net cash used by operating activities(10,015)(10,040)
Cash flows from investing activities:  
Proceeds from sale of marketable security4,725 
(Increase) decrease in restricted cash(67)2,886
Additions to property and equipment (66)
Net cash provided by investing activities4,6582,820
Cash flows from financing activities:  
Repayments of short-term borrowings(2,468)(44)
Decrease in capital lease and other rental obligations(33)(97)
Borrowings under long-term credit facility 56,820
Repayments of borrowings under long-term credit facility (56,820)
Net cash used by financing activities(2,501)(141)
Net decrease in cash and cash equivalents(7,858)(7,361)
Cash and cash equivalents at beginning of period39,796[1]9,969
Cash and cash equivalents at end of period31,9382,608
Cash paid during the period for:  
Interest1363
Income taxes$ 850$ 471
[1] Reference is made to the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2011 filed with the Securities and Exchange Commission on July 14, 2011.