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Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Mar. 31, 2016
Assets    
Cash and cash equivalents $ 14,247,000 $ 23,497,000
Accounts receivable, net of allowance for doubtful accounts of $4,084 and $7,808 128,544,000 139,222,000
Inventories, net 25,382,000 42,703,000
Costs/estimated earnings in excess of billings on uncompleted contracts 71,930,000 66,664,000
Other assets 28,544,000 27,315,000
Total current assets 268,647,000 299,401,000
Property, plant and equipment, net 29,103,000 34,474,000
Goodwill, net 0 0
Intangibles, net 68,820,000 78,181,000
Deferred tax asset 53,539,000 57,065,000
Other assets 7,008,000 6,673,000
Total assets 427,117,000 475,794,000
Liabilities    
Accounts payable 69,858,000 56,774,000
Accrued compensation and benefits 21,576,000 21,493,000
Deferred revenue 31,624,000 29,441,000
Billings in excess of costs/estimated earnings on uncompleted contracts 16,536,000 20,411,000
Other liabilities 37,919,000 42,234,000
Total current liabilities 177,513,000 170,353,000
Long-term debt 88,782,000 119,663,000
Other liabilities 19,173,000 29,545,000
Total liabilities 285,468,000 319,561,000
Stockholders’ equity    
Preferred stock authorized 5,000, par value $1.00, none issued 0 0
Common stock authorized 100,000, par value $.001, 14,960 and 15,018 shares outstanding, 26,654 and 26,470 issued 26,000 26,000
Additional paid-in capital 506,449,000 501,839,000
Retained earnings 66,246,000 80,553,000
Accumulated other comprehensive income (loss) (15,481,000) (13,075,000)
Treasury stock, at cost 11,694 and 11,452 shares (415,591,000) (413,110,000)
Total stockholders’ equity 141,649,000 156,233,000
Total liabilities and stockholders’ equity $ 427,117,000 $ 475,794,000