v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 14,122 $ 14,741
Trade accounts receivable, net of allowances ($98 and $87 at June 30 and March 31, 2022, respectively) 27,109 27,645
Unbilled revenue 30,670 25,570
Inventories 19,848 17,414
Prepaid expenses and other current assets 2,235 1,391
Income taxes receivable 570 459
Total current assets 94,554 87,220
Property, plant and equipment, net 24,354 24,884
Prepaid pension asset 7,384 7,058
Operating lease assets 7,887 8,394
Goodwill 23,523 23,523
Other intangible assets, net 8,300 8,990
Deferred income tax asset 2,288 2,441
Other assets 175 194
Total assets 188,905 183,691
Current liabilities:    
Short-term debt obligations 2,500 0
Current portion of long-term debt 2,000 2,000
Current portion of finance lease obligations 23 23
Accounts payable 20,149 16,662
Accrued compensation 9,745 7,991
Accrued expenses and other current liabilities 4,781 6,047
Customer deposits 26,079 25,644
Operating lease liabilities 972 1,057
Income taxes payable 8 0
Total current liabilities 66,257 59,424
Long-term debt 14,625 16,378
Finance lease obligations 0 11
Operating lease liabilities 7,103 7,460
Deferred income tax liability 104 62
Accrued pension and postretirement benefit liabilities 1,663 1,666
Other long-term liabilities 2,187 2,196
Total liabilities 91,939 87,197
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $1.00 par value, 500 shares authorized 0 0
Common stock, $0.10 par value, 25,500 shares authorized, 10,758 and 10,801 shares issued and 10,611 and 10,636 shares outstanding at September 30 and March 31, 2022, respectively 1,076 1,080
Capital in excess of par value 27,849 27,770
Retained earnings 77,556 77,076
Accumulated other comprehensive loss (6,889) (6,471)
Treasury stock (147 and 164 shares at September 30 and March 31, 2022, respectively) (2,626) (2,961)
Total stockholders’ equity 96,966 96,494
Total liabilities and stockholders’ equity 188,905 183,691
Customer Relationships [Member]    
Current assets:    
Finite-Lived Intangible Assets, Net 11,013 11,308
Technology and Technical Know-How [Member]    
Current assets:    
Finite-Lived Intangible Assets, Net $ 9,427 $ 9,679

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