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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:    
Net (loss) income $ (655) $ 3,552
Adjustments to reconcile net income to net cash used by operating activities:    
Depreciation and amortization 41 57
Changes in assets and liabilities:    
Trade accounts receivable 1,976 (5,645)
Royalty receivable 2,232 681
Due to affiliates   500
Inventory (155) 998
Prepaid purchases 1,807 (510)
Prepaid expenses and other current assets 119 (181)
Deferred tax assets and liabilities 393 1,000
Other assets (25) 44
Accounts payable and other current liabilities (487) (1,101)
Long term liabilities 12 416
Asset allowances, reserves and other (744) 412
Income taxes payable (273)  
Net cash provided by operating activities 4,241 223
Cash Flows from Investing Activities:    
Short term investment (20,114) 17,161
Restricted cash   (500)
Additions to property and equipment   (10)
Net cash (used) provided by investing activities (20,114) 16,651
Cash Flows from Financing Activities:    
Dividend paid   (18,991)
Net cash (used) by financing activities   (18,991)
Net (decrease) increase in cash and cash equivalents (15,873) (2,117)
Cash and cash equivalents at beginning of period 43,485 26,328
Cash and cash equivalents at end of period 27,612 24,211
Cash paid during the period for:    
Interest 0 0
Income taxes $ 4 $ 55