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Condensed Consolidated Balance Sheets Statement (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 21,699 $ 20,511
Trade receivables, net of allowance for doubtful accounts, sales returns and advertising allowances of approximately $3,943 and $3,908, respectively 6,833 12,050
Trade receivables from related parties 11,344 12,708
Income tax receivable 122 122
Inventories 43,522 37,373
Prepaid promotional expenses, net 7,322 7,519
Prepaid expenses and other current assets, net 8,053 8,251
Deferred tax assets, net 7,297 5,460
TOTAL CURRENT ASSETS 106,192 103,994
Equipment and leasehold improvements, net 1,572 1,844
Trademarks and licenses, net 4,043 4,195
Deferred tax assets, net 687 687
Other 1,980 1,986
TOTAL ASSETS 114,474 112,706
CURRENT LIABILITIES:    
Borrowings, current portion 36 0
Accounts payable 13,570 8,637
Accrued expenses and income taxes payable 1,764 2,338
TOTAL CURRENT LIABILITIES 15,370 10,975
Borrowings, less current portion 77 0
TOTAL LIABILITIES 15,447 10,975
STOCKHOLDERS' EQUITY :    
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2011 and March 31, 2011 0 0
Common stock, $0.01 par value, 40,000,000 shares authorized, and 30,427,789 and 30,397,789 shares issued at June 30, 2011 and March 31, 2011, respectively 304 304
Additional paid-in capital 106,822 106,629
Retained earnings 27,174 30,071
Subtotal 134,300 137,004
Less 9,668,977 shares of common stock in treasury, at cost, at June 30, 2011 and March 31, 2011 (35,273) (35,273)
TOTAL STOCKHOLDERS' EQUITY 99,027 101,731
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 114,474 $ 112,706