v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Current assets:    
Cash and cash equivalents $ 410,769 $ 389,375
Accounts receivable—trade, net 667,831 508,272
Accounts receivable—other, net 38,896 19,382
Inventories 200,888 120,440
Deferred costs 77,748 66,769
Other current assets 31,602 31,437
Current assets of discontinued operations 0 222,399
Total current assets 1,427,734 1,358,074
Deferred tax asset 8,955 3,658
Property, equipment, and other assets—net 100,039 98,657
Goodwill 202,880 202,858
Other intangible assets—net 61,344 82,007
Non-current assets of discontinued operations 0 133,835
TOTAL ASSETS 1,800,952 1,879,089
Current liabilities:    
Accounts payable 264,605 323,890
Accounts payable—floor plan 119,693 89,527
Salaries and commissions payable 48,590 42,722
Deferred revenue 168,127 154,067
Other current liabilities 37,128 22,463
Current liabilities of discontinued operations 0 166,463
Total current liabilities 638,143 799,132
Deferred tax liability—long-term 0 1,454
Deferred revenue—long-term 83,010 81,759
Other liabilities 10,829 13,540
Non-current liabilities of discontinued operations 0 12,546
TOTAL LIABILITIES 731,982 908,431
COMMITMENTS AND CONTINGENCIES (Note 11)
Preferred stock, $0.01 per share par value; 2,000 shares authorized; none outstanding 0 0
Common stock, $0.01 per share par value; 50,000 shares authorized; 27,765 shares issued and 26,299 outstanding at March 31, 2026, and 27,582 shares issued and 26,526 outstanding at March 31, 2025 278 276
Additional paid-in capital 210,274 194,475
Treasury stock, at cost, 1,466 shares at March 31, 2026, and 1,056 shares at March 31, 2025 (101,944) (70,748)
Retained earnings 956,000 843,214
Accumulated other comprehensive income—foreign currency translation adjustment 4,362 3,441
Total Stockholders’ Equity 1,068,970 970,658
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,800,952 $ 1,879,089