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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 11,233 $ 3,201
Loss from discontinued operations, net of income tax 114 1,006
Gain on sale of discontinued operations, net of tax (8,179) 0
Net income from continuing operations 3,168 4,207
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and  amortization 5,712 7,265
Bargain purchase acquisition gain (49) (1,984)
Impairment of investment 2,305 2,000
Profit from sale of assets on lease and held for lease (5,277) (946)
Gain on settlement of bankruptcy (4,509) 0
Other 1,161 (743)
Change in operating assets and liabilities:    
Accounts receivable (2,242) (1,856)
Costs and estimated earnings in excess of billings and uncompleted projects 0 2,012
Notes receivable and other non-trade receivables 727 (4,942)
Inventories (29,614) 9,566
Accounts payable 1,512 1,085
Accrued expenses 2,145 5,234
Other (1,270) 1,458
Total adjustments (28,742) 12,557
Net cash provided by (used in) operating activities - continuing operations (26,231) 22,356
Net cash provided by (used in) operating activities - discontinued operations 1,157 (1,420)
Net cash (used in) provided by operating activities (25,074) 20,936
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of marketable securities (626) (2,014)
Sale of marketable securities 239 890
Proceeds from sale of assets on lease and held for lease 30,688 4,193
Acquisition of businesses, net of cash acquired (500) (3,376)
Investment in unconsolidated entities (2,812) (2,000)
Capital expenditures related to property & equipment (2,439) (1,169)
Capital expenditures related to assets on lease or held for lease (36,253) (19,150)
Other 135 (227)
Net cash used in investing activities - continuing operations (11,568) (22,853)
Net cash provided by (used in) investing activities - discontinued operations 20,173 (151)
Net cash provided by (used in) investing activities 8,605 (23,004)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from lines of credit 174,647 107,512
Payments on lines of credit (147,881) (109,935)
Proceeds from term loan 35,949 27,725
Payments on term loan (47,438) (15,731)
Proceeds received from issuance of TruPs 8,522 0
Proceeds from life insurance policy loan 0 2,328
Other (4,559) (2,353)
Net cash provided by financing activities - continuing operations 19,240 9,546
Effect of foreign currency exchange rates on cash and cash equivalents 260 96
NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 3,031 7,574
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 12,540 4,966
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 15,571 12,540
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Non-cash capital expenditures related to property & equipment 0 58
Equipment leased to customers transferred to Inventory 4,932 0
Issuance of Debt - Trust Preferred Securities 4,000 0
Issuance of warrant liability 840 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Operating cash payments for operating leases 1,485 0
Cash paid during the year for interest 3,310 2,880
Cash paid during the year for income taxes $ 1,485 $ 527