Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 41,052 $ 40,124
Accounts receivable, net of allowances of $1,941 and $2,074 as of June 30, 2021 and March 31, 2021, respectively 74,133 74,501
Inventories, net 64,395 63,790
Contract assets 16,089 11,379
Prepaid expenses and other current assets 9,322 8,784
Income tax receivable 9,533 8,231
Total current assets 214,524 206,809
Property, plant and equipment, net 70,951 72,630
Goodwill 215,072 213,038
Intangible assets, net 102,672 103,784
Operating lease right-of-use assets 12,265 12,619
Deferred income taxes 2,615 2,586
Other long-term assets 6,726 6,412
Total assets 624,825 617,878
Current liabilities:    
Accounts payable 22,483 19,722
Accrued liabilities 20,046 23,517
Current portion of long term debt 2,500 2,500
Contract liabilities 4,059 2,959
Lease liabilities 3,658 3,511
Income taxes payable 678 219
Total current liabilities 53,424 52,428
Long-term debt, net 142,601 143,017
Deferred income taxes 21,880 21,088
Non-current lease liabilities 11,770 12,373
Other noncurrent liabilities 10,264 9,811
Total liabilities 239,939 238,717
Commitments and contingencies (Note 9)
Equity    
Common stock: $0.001 par value; 150,000,000 authorized; 33,307,460 and 33,225,808 shares issued and outstanding at June 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 232,049 231,322
Accumulated other comprehensive loss (31,787) (35,919)
Retained earnings 184,591 183,725
Total equity 384,886 379,161
Total liabilities and equity $ 624,825 $ 617,878