Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 38,242 $ 40,124
Accounts receivable, net of allowances of $3,310 and $2,074 as of September 30, 2021 and March 31, 2021, respectively 82,368 74,501
Inventories, net 65,618 63,790
Contract assets 13,216 11,379
Prepaid expenses and other current assets 11,469 8,784
Income tax receivable 10,519 8,231
Total current assets 221,432 206,809
Property, plant and equipment, net 68,253 72,630
Goodwill 211,217 213,038
Intangible assets, net 98,459 103,784
Operating lease right-of-use assets 11,496 12,619
Deferred income taxes 1,124 2,586
Other long-term assets 6,934 6,412
Total assets 618,915 617,878
Current liabilities:    
Accounts payable 30,993 19,722
Accrued liabilities 23,589 23,888
Current portion of long term debt 5,242 2,500
Contract liabilities 3,955 2,959
Lease liabilities 3,409 3,511
Income taxes payable 503 218
Total current liabilities 67,691 52,798
Long-term debt, net 133,845 143,017
Deferred income taxes 19,404 21,006
Non-current lease liabilities 11,052 12,373
Other noncurrent liabilities 9,398 9,812
Total liabilities 241,390 239,006
Commitments and contingencies (Note 9)
Equity    
Common stock: $0.001 par value; 150,000,000 authorized; 33,333,843 and 33,225,808 shares issued and outstanding at September 30, 2021 and March 31, 2021, respectively 33 33
Preferred stock: $0.001 par value; 10,000,000 authorized; no shares issued and outstanding 0 0
Additional paid in capital 233,280 231,322
Accumulated other comprehensive loss (39,362) (35,919)
Retained earnings 183,574 183,436
Total equity 377,525 378,872
Total liabilities and equity $ 618,915 $ 617,878