Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 48,229 $ 43,237
Accounts receivable, net of allowances of $824 and $834 as of June 30, 2020 and March 31, 2020, respectively 72,827 92,478
Inventories, net 70,030 60,273
Contract assets 7,373 10,194
Prepaid expenses and other current assets 9,702 9,219
Income tax receivable 5,065 2,535
Total current assets 213,226 217,936
Property, plant and equipment, net 72,957 72,542
Goodwill 202,789 197,978
Intangible assets, net 104,402 104,546
Operating 16,039 16,637
Deferred income taxes 2,918 2,904
Other long-term assets 7,616 8,362
Total assets 619,947 620,905
Current liabilities:    
Accounts payable 20,827 25,070
Accrued liabilities 21,433 23,757
Current portion of long term debt 2,500 2,500
Borrowings under revolving credit facility 3,669 0
Contract liabilities 3,408 4,538
Lease liabilities 3,780 3,553
Income taxes payable 51 1,217
Total current liabilities 55,668 60,635
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $4,204 and $4,447 as of June 30, 2020 and March 31, 2020, respectively 168,671 169,053
Deferred income taxes 22,552 22,245
Non-current lease liabilities 14,660 15,571
Other noncurrent liabilities 7,934 6,962
Total liabilities 269,485 274,466
Equity    
Common stock: $.001 par value; 150,000,000 authorized; 33,115,268 and 32,916,818 shares issued and outstanding at June 30, 2020 and March 31, 2020, respectively 33 33
Preferred stock: $.001 par value; 10,000,000 authorized; no shares issued and outstanding 0 0
Additional paid in capital 228,754 227,741
Accumulated other comprehensive loss (54,799) (63,894)
Retained earnings 176,474 182,559
Total equity 350,462 346,439
Total liabilities and equity $ 619,947 $ 620,905