XML 28 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 1,713$ 1,232
Adjustments to reconcile net income to net cash provided by operating activities:  
Loss on disposal of property and equipment 29
Depreciation and amortization767998
Non-cash reserve accretion212218
Stock based compensation327195
Provision for losses on accounts receivable146
Deferred taxes-net1,124764
Changes in assets and liabilities:  
Decrease in accounts receivable and other receivables7,0411,310
Increase in inventories(4,758)(543)
Decrease (increase) in other assets298(277)
Increase in accounts payable1,400717
(Decrease) increase in accrued compensation(779)202
Increase in accrued income taxes4086
Decrease in other liabilities(1,048)(396)
Net cash provided by operating activities6,3514,541
Cash flows from investing activities:  
Capital expenditures(540)(386)
Capitalized Qualification units(937)(174)
Net cash (used in) investing activities(1,477)(560)
Cash flows from financing activities:  
Payments on long-term debt(821)(2,465)
Net borrowings (repayments) of other debt00
Exercise of stock options194 
Net cash (used in) financing activities(627)(2,465)
Increase in cash4,2471,516
Cash at beginning of period6,3813,371
Cash at end of period10,6284,887
Supplemental information:  
Interest payments203325
Income tax payments7842
Non-cash financing activity for stock option exercise$ 82