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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income $ 8,271 $ 13,286
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 247 405
Deferred tax expense 2,149 2,511
Asset allowances, reserves and other (1,407) (931)
Gain on sale of building (347)  
Gain on sale of marketable security (828) (966)
Changes in assets and liabilities:    
Accounts receivable (2,171) 13,404
Other receivables (84) 36
Due from affiliates (1) 115
Inventories (8,416) (13,670)
Prepaid expenses and other current assets (1,682) 279
Other assets 77 (659)
Accounts payable and other current liabilities 1,477 (9,461)
Due to affiliates (1) (25)
Interest and income taxes payable (65) 219
Net cash provided (used) by operating activities (2,781) 4,543
Cash flows from investing activities:    
Proceeds from sale of marketable security 4,725 3,100
Decrease in restricted cash 56 4,492
Additions to property and equipment (33) (70)
Proceeds from sale of building 2,749  
Net cash provided by investing activities 7,497 7,522
Cash flows from financing activities:    
Repayments of short-term borrowings (2,470) (3,171)
Decrease in capital lease and other rental obligations (44) (136)
Borrowings under long-term credit facility   88,162
Repayments of borrowings under long-term credit facility   (88,162)
Net cash used by financing activities (2,514) (3,307)
Net increase in cash and cash equivalents 2,202 8,758
Cash and cash equivalents at beginning of period 39,796 [1] 9,969
Cash and cash equivalents at end of period 41,998 18,727
Cash paid during the period for:    
Interest 18 91
Income taxes $ 1,489 $ 553
[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.