v3.24.2.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 49,083 $ 48,631
Accounts receivable, net of allowances of $1,283 and $1,428 as of June 30, 2024 and March 31, 2024, respectively 98,680 107,318
Inventories, net 89,920 86,321
Contract assets 14,735 16,690
Prepaid expenses and other current assets 11,384 14,010
Income tax receivable 2,543 1,630
Total current assets 266,345 274,600
Property, plant and equipment, net of depreciation and amortization of $74,530 and $73,422 as of June 30, 2024 and March 31, 2024, respectively 69,307 68,335
Goodwill 269,415 270,786
Intangible assets, net 123,161 127,092
Operating lease right-of-use assets 13,531 13,613
Deferred income taxes 1,359 1,074
Other non-current assets 13,826 12,240
Total assets 756,944 767,740
Current liabilities:    
Accounts payable 30,582 31,396
Accrued liabilities 29,191 31,624
Current portion of long-term debt 15,750 14,625
Borrowings under revolving credit facility 5,000 5,000
Contract liabilities 15,278 20,531
Lease liabilities 3,273 3,273
Income taxes payable 3,153 2,820
Total current liabilities 102,227 109,269
Long-term debt, net 147,569 151,957
Deferred income taxes 8,950 9,439
Non-current lease liabilities 12,462 12,635
Other non-current liabilities 9,756 9,553
Total liabilities 280,964 292,853
Commitments and contingencies (Note 10)
Equity    
Common stock: $0.001 par value; 150,000,000 shares authorized; 33,881,880 issued and 33,824,521 outstanding, and 33,730,243 issued and 33,722,225 outstanding at June 30, 2024 and March 31, 2024, respectively 34 34
Preferred stock: $0.001 par value; 10,000,000 authorized; no shares issued and outstanding 0 0
Additional paid in capital 241,626 243,555
Treasury Stock (1,829) (250)
Accumulated other comprehensive loss (61,145) (57,235)
Retained earnings 297,294 288,783
Total equity 475,980 474,887
Total liabilities and equity $ 756,944 $ 767,740

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