v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Current assets:    
Cash and cash equivalents $ 19,120,000 $ 14,650,000
Short-term investments 2,279,000 2,028,000
Accounts receivable — net 71,362,000 112,614,000
Inventory — net 413,289,000 397,041,000
Contract assets 35,057,000 34,552,000
Prepaid expenses and other current assets 23,056,000 23,097,000
Total current assets 564,163,000 583,982,000
Plant and equipment — net 29,300,000 30,739,000
Operating lease assets 63,833,000 63,103,000
Long-term deferred income taxes 4,304,000 4,039,000
Long-term contract assets 338,242,000 331,221,000
Goodwill and intangible assets — net 7,355,000 3,440,000
Other assets 2,827,000 2,913,000
TOTAL ASSETS 1,010,024,000 1,019,437,000
Current liabilities:    
Accounts payable and accrued liabilities 177,487,000 200,499,000
Customer finished goods returns accrual 33,164,000 29,923,000
Contract liabilities 47,570,000 61,201,000
Revolving loan 118,839,000 94,668,000
Other current liabilities 4,695,000 4,348,000
Operating lease liabilities 9,398,000 8,957,000
Total current liabilities 391,153,000 399,596,000
Convertible notes, related party $ 44,795,000 $ 38,993,000
Notes Payable, Noncurrent, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Long-term contract liabilities $ 256,961,000 $ 249,108,000
Long-term deferred income taxes 406,000 425,000
Long-term operating lease liabilities 55,665,000 56,969,000
Other liabilities 8,055,000 8,336,000
Total liabilities 757,035,000 753,427,000
Commitments and contingencies
Shareholders' equity:    
Preferred stock 0 0
Common stock; par value $.01 per share, 50,000,000 shares authorized; 18,933,207 and 18,924,818 shares issued and outstanding at June 30, 2026 and March 31, 2026, respectively 189,000 189,000
Additional paid-in capital 225,827,000 226,709,000
Retained earnings 19,006,000 32,427,000
Accumulated other comprehensive income 7,967,000 6,685,000
Total shareholders' equity 252,989,000 266,010,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,010,024,000 1,019,437,000
Series A Junior Participating Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock $ 0 $ 0