Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

 v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
Jun. 30, 2010
Apr. 30, 2010
Mar. 31, 2010
Current assets:          
Cash and cash equivalents $ 31,604 $ 51,266 $ 8,908 $ 2,852 $ 30,147
Accounts receivable, net of allowance for doubtful accounts of $1,473 and $1,487 as of June 30, 2011 and March 31, 2011, respectively 45,893 40,013      
Inventories, net 34,317 31,118      
Costs and estimated earnings in excess of billings on uncompleted contracts 1,816 2,063      
Income taxes receivable 7,824 2,462      
Prepaid expenses and other current assets 6,882 7,633      
Deferred income taxes 1,342 2,779      
Total current assets 129,678 137,334      
Property, plant and equipment, net 23,098 21,686      
Goodwill 121,522 120,750      
Intangible assets, net 157,013 159,056      
Debt issuance costs, net 9,258 11,573      
Other noncurrent assets   633      
Total assets 440,569 451,032      
Current liabilities:          
Accounts payable 20,548 18,573      
Accrued liabilities 18,319 28,972      
Current portion of long term debt   21,000      
Borrowings under revolving lines of credit   2,063      
Billings in excess of costs and estimated earnings on uncompleted contracts 431 1,110      
Income taxes payable   7,934      
Obligations due to settle the CHS Transaction 3,841 4,213      
Total current liabilities 43,139 83,865      
Long-term debt, net of current maturities 168,000 189,000      
Deferred income taxes 49,592 49,809      
Other noncurrent liabilities 1,865 1,826      
Common stock, 29,523,641 at June 30, 2011 and 24,933,407 at March 31, 2011, shares issued and outstanding $.001 par value, 150,000,000 authorized 30 25      
Preferred stock, no shares issued and outstanding $.001 par value, 10,000,000 authorized          
Additional paid in capital 186,422 131,416      
Foreign currency translation adjustment 11,426 10,031      
Accumulated deficit (19,905) (14,940)      
Shareholders' equity 177,973 126,532      
Total liabilities and shareholder's/members' equity $ 440,569 $ 451,032