v3.24.1.1.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 16,939 $ 18,257
Trade accounts receivable, net of allowances ($79 and $1,841 at March 31, 2024 and 2023, respectively) 44,400 24,000
Unbilled revenue 28,015 39,684
Inventories 33,410 26,293
Prepaid expenses and other current assets 3,561 1,836
Total current assets 126,325 110,070
Property, plant and equipment, net 32,080 25,523
Prepaid pension asset 6,396 6,107
Operating lease assets 7,306 8,237
Goodwill 25,520 23,523
Finite-Lived Intangible Assets, Net 25,845 20,802
Other intangible assets, net 7,181 7,610
Deferred income tax asset 2,983 2,798
Other assets 724 158
Total assets 233,879 203,918
Current liabilities:    
Current portion of long-term debt 0 2,000
Current portion of finance lease obligations 20 29
Accounts payable 20,788 20,222
Accrued compensation 16,800 10,401
Accrued expenses and other current liabilities 6,666 6,434
Customer deposits 71,987 46,042
Operating lease liabilities 1,237 1,022
Income taxes payable 715 16
Total current liabilities 118,213 86,166
Long-term debt 0 9,744
Finance lease obligations 65 85
Operating lease liabilities 6,449 7,498
Accrued pension and postretirement benefit liabilities 1,254 1,342
Other long-term liabilities 2,332 2,150
Total liabilities 128,313 106,985
Commitments and contingencies (Notes 8 and 17)
Stockholders’ equity:    
Common stock, $.10 par value, 25,500 shares authorized; 10,993 and 10,774 shares issued and 10,850 and 10,635 shares outstanding at March 31, 2024 and 2023, respectively 1,099 1,075
Capital in excess of par value 32,015 28,061
Retained earnings 81,999 77,443
Accumulated other comprehensive loss (7,013) (7,463)
Treasury stock (143 and 138 shares at March 31, 2024 and 2023, respectively) (2,534) (2,183)
Total stockholders’ equity 105,566 96,933
Total liabilities and stockholders’ equity 233,879 203,918
Customer Relationships [Member]    
Current assets:    
Finite-Lived Intangible Assets, Net 14,299 10,718
Technology and Technical Know How [Member]    
Current assets:    
Finite-Lived Intangible Assets, Net $ 11,065 $ 9,174

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