v3.22.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Mar. 31, 2021
Current assets:    
Cash and cash equivalents $ 14,741 $ 59,532
Investments 0 5,500
Trade accounts receivable, net of allowances ($29 and $33 at March 31, 2021 and 2020, respectively) 27,645 17,378
Unbilled revenue 25,570 19,994
Inventories 17,414 17,332
Prepaid expenses and other current assets 1,391 512
Income taxes receivable 459 0
Total current assets 87,220 120,248
Property, plant and equipment, net 24,884 17,618
Prepaid pension asset 7,058 6,216
Operating lease assets 8,394 95
Goodwill 23,523 0
Other Intangible Assets, Net 8,990  
Deferred income tax asset 2,441  
Other assets 194 103
Total assets 183,691 144,280
Current liabilities:    
Current portion of long-term debt 2,000 21
Current portion of finance lease obligations 23 0
Accounts payable 16,662 17,972
Accrued compensation 7,991 6,106
Accrued expenses and other current liabilities 6,047 4,628
Customer deposits 25,644 14,059
Operating lease liabilities 1,057 46
Income taxes payable 0 741
Total current liabilities 59,424 43,573
Finance lease obligations 11 34
Long-term debt 16,378 0
Operating lease liabilities 7,460 37
Deferred income tax liability 62 635
Accrued pension and postretirement benefit liabilities 1,666 2,072
Other long-term liabilities 2,196 0
Total liabilities 87,197 46,351
Commitments and contingencies (Notes 7 and 16)
Stockholders’ equity:    
Preferred stock, $1.00 par value, 500 shares authorized
Common stock, $.10 par value, 25,500 shares authorized; 10,801 and 10,748 shares issued and 10,636 and 9,959 shares outstanding at March 31, 2022 and 2021, respectively 1,080 1,075
Capital in excess of par value 27,770 27,272
Retained earnings 77,076 89,372
Accumulated other comprehensive loss (6,471) (7,397)
Treasury stock (164 and 790 shares at March 31, 2022 and 2021, respectively) (2,961) (12,393)
Total stockholders’ equity 96,494 97,929
Total liabilities and stockholders’ equity 183,691 $ 144,280
Technology And Technical Know How [Member]    
Current assets:    
Finite-Lived Intangible Assets, Net 9,679  
Customer Relationships [Member]    
Current assets:    
Finite-Lived Intangible Assets, Net $ 11,308  

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