Synutra International (SYUT) 10-Q 10 Feb 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Dec. 31, 2013	Feb. 10, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Dec-13	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'Synutra International, Inc.	'
Entity Central Index Key	'0001293593	'
Current Fiscal Year End Date	'--03-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	57,300,713

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$61,553	$79,050
Restricted cash	69,899	68,410
Accounts receivable, net of allowance of $5,092 and $7,515, respectively	18,087	30,183
Inventories	91,832	87,707
Due from related parties	3,139	2,696
Income tax receivable	1	5
Prepaid expenses and other current assets	29,555	18,404
Assets held for sale	3,247	0
Total current assets	277,313	286,455
Property, plant and equipment, net	146,177	130,121
Land use rights, net	9,460	10,829
Intangible assets, net	3,955	4,135
Restricted cash	53,932	39,883
Due from related parties	2,602	2,981
Other assets	663	1,740
TOTAL ASSETS	494,102	476,144
Current Liabilities:	'	'
Short-term debt	101,538	127,449
Long-term debt due within one year	46,535	82,663
Accounts payable	56,310	48,717
Due to related parties	1,454	1,862
Advances from customers	21,477	12,982
Other current liabilities	49,284	52,788
Total current liabilities	276,598	326,461
Long-term debt	147,105	102,164
Deferred revenue	4,237	4,402
Capital lease obligations	7,995	7,848
Other long-term liabilities	6,328	6,062
Total liabilities	442,263	446,937
Commitments and Contingencies	'	'
Equity:	'	'
Common stock, $.0001 par value: 250,000 authorized; 57,301 and 57,301 issued and outstanding at December 31, 2013 and March 31, 2013, respectively	6	6
Additional paid-in capital	135,440	135,440
Accumulated deficit	-114,673	-135,508
Accumulated other comprehensive income	30,986	28,828
Total common stockholders' equity	51,759	28,766
Noncontrolling interest	80	441
Total equity	51,839	29,207
TOTAL LIABILITIES AND EQUITY	$494,102	$476,144

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, except Share data, unless otherwise specified
Consolidated Balance Sheets [Abstract]	'	'
Allowance for accounts receivable	$3,461	$7,515
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares, issued	57,301,000	57,301,000
Common stock, shares, outstanding	57,301,000	57,301,000

Consolidated_Statements_Of_Ope

Consolidated Statements Of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Consolidated Statements Of Operations [Abstract]	'	'	'	'
Net sales	$101,034	$73,228	$271,795	$192,914
Cost of sales	60,731	41,717	156,522	126,628
Gross profit	40,303	31,511	115,273	66,286
Selling and distribution expenses	12,486	14,488	40,753	41,903
Advertising and promotion expenses	9,769	9,910	29,008	26,900
General and administrative expenses	6,477	6,967	18,760	21,986
Gain on disposal and liquidation of subsidiaries	0	0	367	2,610
Government subsidies	362	216	630	1,181
Income (loss) from operations	11,933	362	27,749	-20,712
Interest expense	3,850	4,021	11,761	11,511
Interest income	1,076	604	3,186	1,681
Other income, net	555	573	1,407	56
Income (loss) before income tax expense	9,714	-2,482	20,581	-30,486
Income tax expense	14	10,971	107	37,086
Net income (loss)	9,700	-13,453	20,474	-67,572
Net loss attributable to the noncontrolling interest	-287	-183	-361	-417
Net income (loss) attributable to common stockholders	$9,987	($13,270)	$20,835	($67,155)
Weighted average common stock outstanding - basic	57,301	57,301	57,301	57,301
Earnings (loss) per share-basic	$0.17	($0.23)	$0.36	($1.17)

Consolidated_Statements_Of_Com

Consolidated Statements Of Comprehensive Income (Loss) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Condensed Consolidated Statements Of Comprehensive Income (Loss) [Abstract]	'	'	'	'
Net income (loss)	$9,700	($13,453)	$20,474	($67,572)
Other comprehensive income (loss), net of tax:	'	'	'	'
Currency translation adjustment	1,162	422	2,158	-445
Reclassification of currency translation adjustments realized upon disposal and liquidation of subsidiaries	0	0	0	-2,610
Other comprehensive income (loss)	1,162	422	2,158	-3,055
Comprehensive income (loss)	10,862	-13,031	22,632	-70,627
Less: Comprehensive loss attributable to noncontrolling interest	-287	-183	-361	-419
Comprehensive income (loss) attributable to common stockholders	$11,149	($12,848)	$22,993	($70,208)

Consolidated_Statements_Of_Equ

Consolidated Statements Of Equity (USD $)	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]	Noncontrolling Interest [Member]	Total
In Thousands
Balance at Mar. 31, 2012	$6	$135,440	($71,620)	$32,201	$1,065	$97,092
Balance, shares at Mar. 31, 2012	57,301	'	'	'	'	'
Net income (loss)	0	0	-67,155	0	-417	-67,572
Other comprehensive income, net of tax of nil	0	0	0	-3,053	-2	-3,055
Derecognition of noncontrolling interest upon liquidation of a subsidiary	0	0	0	0	-381	-381
Other	0	0	0	0	92	92
Other, shares	0	'	'	'	'	'
Balance at Dec. 31, 2012	6	135,440	-138,775	29,148	357	26,176
Balance, shares at Dec. 31, 2012	57,301	'	'	'	'	'
Balance at Mar. 31, 2013	6	135,440	-135,508	28,828	441	29,207
Balance, shares at Mar. 31, 2013	57,301	'	'	'	'	'
Net income (loss)	0	0	20,835	0	-361	20,474
Other comprehensive income, net of tax of nil	0	0	0	2,158	0	2,158
Balance at Dec. 31, 2013	$6	$135,440	($114,673)	$30,986	$80	$51,839
Balance, shares at Dec. 31, 2013	57,301	'	'	'	'	'

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Operating activities:	'	'
Net income (loss)	$20,474	($67,572)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	10,600	10,340
Bad debt expense (recovery)	-2,925	1,140
Deferred income tax	0	36,550
Gain on disposal and liquidation of subsidiaries	-367	-2,610
Other	56	99
Changes in assets and liabilities:	'	'
Accounts receivable	15,600	-6,714
Inventories	-1,826	-3,671
Due from related parties	-474	5,594
Prepaid land use right	-181	0
Other assets	-10,286	-747
Accounts payable	8,231	-19,343
Due to related parties	-403	-226
Advances from customers	8,123	5,780
Income tax receivable	4	191
Other liabilities	-5,083	24,814
Net cash provided by (used in) operating activities	41,543	-16,375
Investing activities:	'	'
Acquisition of property, plant and equipment	-24,926	-10,547
Change in restricted cash	-12,685	-30,340
Proceeds from assets disposal	110	1,817
Proceeds from disposal of subsidiaries	633	0
Net cash used in investing activities	-36,868	-39,070
Financing activities:	'	'
Proceeds from short-term debt	127,137	221,533
Repayment of short-term debt	-155,599	-196,681
Proceeds from long-term debt	81,068	58,503
Repayment of long-term debt	-75,821	-50,087
Payment on capital lease obligations	-416	-703
Payment to noncontrolling shareholder	0	-386
Net cash provided by (used in) financing activities	-23,631	32,179
Effect of exchange rate changes on cash and cash equivalents	1,459	216
Net change in cash and cash equivalents	-17,497	-23,050
Cash and cash equivalents, beginning of period	79,050	64,793
Cash and cash equivalents, end of period	61,553	41,743
Supplemental cash flow information:	'	'
Interest paid	10,900	9,997
Income tax paid	95	539
Non-cash investing and financing activities:	'	'
Purchase of property, plant and equipment included in payables	$4,820	$552

Organization_And_Principal_Act

Organization And Principal Activities	9 Months Ended
	Dec. 31, 2013
Organization And Principal Activities [Abstract]	'
Organization And Principal Activities	'
	1	ORGANIZATION AND PRINCIPAL ACTIVITIES
	Synutra International, Inc. and its subsidiaries (hereinafter collectively referred to as the "Company" or "Synutra") are principally engaged in production, distribution and sales of dairy based nutritional products under the "Shengyuan" or "Synutra" line of brands in the People's Republic of China ("China" or "PRC"). The Company focuses on selling powdered formula products for infants and adults, and also engages in other nutritional product offerings, such as prepared foods and certain nutritional ingredients and supplements.

Basis_Of_Presentation

Basis Of Presentation	9 Months Ended
	Dec. 31, 2013
Basis Of Presentation [Abstract]	'
Basis Of Presentation	'
	2	BASIS OF PRESENTATION
	The Company is responsible for the unaudited consolidated financial statements included in this document, which have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP") and include all normal and recurring adjustments that management of the Company considers necessary for a fair presentation of its financial position and operating results. The Company prepared these statements following the requirements of the U.S. Securities and Exchange Commission (the "SEC") for interim reporting. As permitted under those rules, the Company condensed or omitted certain footnotes or other financial information that are normally required by US GAAP for annual financial statements. These statements should be read in combination with the consolidated financial statements in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2013.
	As of December 31, 2013, the Company has an asset liability ratio of 90%, which is defined as total liabilities divided by total assets, and limited working capital. However, the Company regards the going concern assumption as appropriate considering the following mitigating factors:
	·	The Company managed to reverse the trend contributing to losses incurred in first half of fiscal 2013 by four consecutive quarters of income from operations.
	·	The Company had positive cash flows from operations since the second half of fiscal 2013. The Company believes that its cash flows from operations will be sufficiently positive for next twelve months to satisfy its obligations when they fall due.
	·	As of December 31, 2013, the Company had an unused credit facility of $66.5 million which could be used when purchasing materials and the purchased inventory is used as pledge. The facility is not unconditionally committed as the bank may refuse to fund if there is a material adverse change to the Company's operations. However, for normal operational needs, it provides a backup source of liquidity.
	Based on the above factors, management believes that adequate sources of liquidity will exist to fund the Company's working capital and capital expenditure requirements, and to meet its short term debt obligations, other liabilities and commitments as they become due. Accordingly, management believes the Company will be able to realize its assets and satisfy its liabilities in the normal course of business.
	The unaudited consolidated financial statements include the financial statements of Synutra International, Inc. and its subsidiaries, its consolidated variable interest entity, Beijing Shengyuan Huimin Technology Service Co., Ltd. (the "VIE"), in which it has a controlling financial interest. A controlling financial interest is typically determined when a company holds a majority of the voting equity interest in an entity. US GAAP provides guidance on the identification and financial reporting for entities over which control is achieved through means other than voting interests, which requires certain VIEs to be consolidated by the primary beneficiary of the entity if the equity investors in the entity do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties.  Through the contractual arrangements between the Company and the VIE, the Company controls the operating activities and holds all the beneficial interests of the VIE and has been determined to be the primary beneficiary of the VIE. The Company has concluded that such contractual arrangements are legally enforceable. The operations associated with the consolidated VIE are insignificant and hold de minimis assets and liabilities.
	Net income or loss of a subsidiary is attributed to the Company and to the noncontrolling interests either on the basis of relative ownership interest or in accordance with contractual agreements that specify a different allocation, such as in the case of the VIE. Noncontrolling interests in subsidiaries are presented separately from the Company's equity therein.
	All inter-company accounts and transactions have been eliminated in consolidation.
	The operating results for interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year.

Inventories

Inventories	9 Months Ended
	Dec. 31, 2013
Inventories [Abstract]	'
Inventories	'
	3	INVENTORIES
	The Company's inventories at December 31, 2013 and March 31, 2013 are summarized as follows:
	(In thousands)		December 31,		March 31,
			2013		2013
	Raw materials		$	55,783	$	56,607
	Work-in-progress			12,905		17,023
	Finished goods			23,144		14,077
	Total		$	91,832	$	87,707
	The value of goods-in-transit included in raw materials was $24.4 million and $15.9 million as of December 31, 2013 and March 31, 2013, respectively, which mainly represented the purchase of milk powder and whey protein powder from international sources.

Related_Parties_And_Related_Pa

Related Parties And Related Party Transactions	9 Months Ended
	Dec. 31, 2013
Related Parties And Related Party Transactions [Abstract]	'
Related Parties And Related Party Transactions	'
	4	RELATED PARTIES AND RELATED PARTY TRANSACTIONS
	A.	Related party balances
	a.	Due from related parties, including current and non-current portion
	(In thousands)		December 31,		March 31,
			2013		2013
	Sheng Zhi Da Dairy Group Corporation		$	1,935	$	1,882
	St. Angel (Beijing) Business Service Co. Ltd.			3,401		3,132
	Beijing Ao Naier Feed Stuff Co., Ltd.			405		663
	Total		$	5,741	$	5,677
	b.	Due to related parties
	(In thousands)		December 31,		March 31,
			2013		2013
	Sheng Zhi Da Dairy Group Corporation		$	764	$	1,107
	Beijing Honnete Dairy Co., Ltd.			470		495
	Beijing Kelqin Dairy Co. Ltd.			0		6
	Beijing St. Angel Cultural Communication Co., Ltd.			220		254
	Total		$	1,454	$	1,862
	The Company also had certain related party borrowings which were recorded in long-term debt due within one year. See Note 6.
	B.	Sales to and services for related parties
	In the three and nine Months ended December 31, 2013, the Company's sales to related parties mainly included feed grade milk powder and whey protein powder sold to Ao Naier and powdered formula products sold to St. Angel (Beijing) Business Service. Other transactions with related parties included renting office spaces to Honnete, Ao Naier, St. Angel (Beijing) Business Service and St. Angel Cultural Communication, which was immaterial. In the three and nine Months ended December 31, 2012, the Company's sales to related parties mainly included whey protein to Honnete, feed grade milk powder to Ao Naier, and powdered formula products to St. Angel (Beijing) Business Service.
			Three Months Ended				Nine Months Ended
			December 31,				December 31,
	(In thousands)		2013		2012		2013		2012
	Beijing Honnete Dairy Co., Ltd.		$	2	$	0	$	6	$	773
	St. Angel (Beijing) Business Service Co., Ltd.			250		0		1,489		2,454
	Qingdao Lvyin Waste Disposal Investment Management Co., Ltd.			0		0		0		1
	Beijing Ao Naier Feed Stuff Co., Ltd.			173		87		267		143
	Beijing St. Angel Cultural Communication Co., Ltd.			11		0		11		0
	Total		$	436	$	87	$	1,773	$	3,371
	C.	Purchases from related parties
	In the three and nine months ended December 31, 2013, St. Angel Cultural Communication implemented certain marketing activities for the Company. In the three and nine months ended December 31, 2012, the Company purchased Lactose from Honnete, St. Angel Cultural Communication implemented certain marketing activities for the Company, and the Company purchased supplies for the employee canteen from Kelqin. Kelqin was sold to a third party in April 2013, and was no longer considered a related party from that date.
			Three Months Ended				Nine Months Ended
			December 31,				December 31,
	(In thousands)		2013		2012		2013		2012
	Beijing St. Angel Cultural Communication Co. Ltd.		$	122	$	119	$	365	$	458
	Beijing Honnete Dairy Co., Ltd.			0		185		0		4,674
	Beijing Kelqin Dairy Co., Ltd.			0		0		0		7
	Total		$	122	$	304	$	365	$	5,139

Property_Plant_And_Equipment_N

Property, Plant And Equipment, Net	9 Months Ended
	Dec. 31, 2013
Property, Plant And Equipment, Net [Abstract]	'
Property, Plant And Equipment, Net	'
	5	PROPERTY, PLANT AND EQUIPMENT, NET
	(In thousands)		December 31,		March 31,
			2013		2013
	Property, plant and equipment, cost:
	Capital lease of building		$	5,796	$	5,637
	Buildings and renovations			92,117		84,502
	Plant and machinery			86,661		84,559
	Office equipment and furnishings			11,510		10,809
	Motor vehicles			3,262		3,180
	Others			998		918
	Total cost		$	200,344	$	189,605
	Less: Accumulated depreciation:
	Capital lease of building			776		625
	Buildings and renovations			18,819		15,750
	Plant and machinery			45,436		40,396
	Office equipment and furnishings			5,868		4,190
	Motor vehicles			2,449		2,212
	Others			613		511
	Total accumulated depreciation			73,961		63,684
	Construction in progress			19,794		4,200
	Property, plant and equipment, net		$	146,177	$	130,121
	The Company recorded depreciation expense for owned assets and capital leased assets of $3.5 million and $3.4 million for the three months ended December 31, 2013 and 2012, respectively, and $10.4 million and $10.2 million for the nine months ended December 31, 2013 and 2012, respectively.

Debt

Debt	9 Months Ended
	Dec. 31, 2013
Debt [Abstract]	'
Debt	'
	6	DEBT
	As of December 31, 2013 and March 31, 2013, the Company had short-term debt from banks in the amount of $101.5 million and $127.4 million, respectively. The maturity dates of the short-term debt outstanding range from January 2014 to December 2014. The weighted average interest rate on short-term debt outstanding at December 31, 2013 and March 31, 2013 was 4.8% and 3.8%, respectively. Certain portion of these debts use floating interest rates, which are calculated based on the benchmark lending interest rate published by China's central bank or on LIBOR. The short-term debt at December 31, 2013 and March 31, 2013 were secured by the pledge of certain inventory purchased under letter of credit of $2.4 million and $26.4 million, respectively; the pledge of certain fixed assets totaling nil and $13.4 million, respectively; the pledge of the Company's land use right of $4.0 million and $5.4 million, respectively; and the pledge of restricted cash deposits of $41.5 million and $33.0 million, respectively.
	As of December 31, 2013 and March 31, 2013, the Company had long-term debt, including current portion, from banks in the amount of $190.8 million and $184.8 million, respectively. The maturity dates of the long-term debt outstanding range from January 2014 to November 2015. The weighted average interest rate of outstanding long-term debt at December 31, 2013 and March 31, 2013 was 4.8% and 5.6%, respectively. Certain portion of these debts use floating interest rates, which are calculated based on the benchmark lending interest rate published by China's central bank or on LIBOR. The indebtedness at December 31, 2013 and March 31, 2013 was secured by the pledge of certain fixed assets of nil and $15.3 million, respectively; the pledge of land use right of nil and $1.2 million, respectively; and the pledge of restricted cash deposits of $59.0 million and $41.2 million, respectively.
	As of December 31, 2013 and March 31, 2013, the Company had a long-term loan due within one year from a related party of $2.9 million. The maturity date of the long-term related party loan principal and interest was in November 2013, and the Company repaid it in January 2014. The interest rate of the long-term loan at December 31, 2013 and March 31, 2013 was 10.0%. The interest expense of related party loans was $72,000 and $72,000 for the three months ended December 31, 2013 and 2012, respectively, and was $215,000 and $215,000 for the nine months ended December 31, 2013 and 2012, respectively.
	Maturities on long-term debt, including current and non-current portion, subject to mandatory redemption are as follows:
	(In thousands)		Twelve Months Ended
	31-Dec-14		$	46,535
	31-Dec-15			147,105

Other_Current_Liabilities

Other Current Liabilities	9 Months Ended
	Dec. 31, 2013
Other Current Liabilities [Abstract]	'
Other Current Liabilities	'
	7	OTHER CURRENT LIABILITIES
	(In thousands)		December 31,		March
			2013		31, 2013
	Accrued rebate and slotting fee		$	17,159	$	21,314
	Payroll and bonus payables			9,179		6,253
	Accrued selling expenses			6,456		5,496
	Accrued advertising and promotion expenses			9,410		12,034
	Other tax payable			363		675
	Accrued rental fee			1,051		1,461
	Accrued interest expense			2,669		2,346
	Others			2,997		3,209
	Total		$	49,284	$	52,788

Income_Taxes

Income Taxes	9 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Income Taxes	'
	8	INCOME TAXES
	The effective tax rate is based on expected income (loss), statutory tax rates and incentives available in the various jurisdictions in which the Company operates. For interim financial reporting, the Company estimates the annual tax rate based on projected taxable income for the full year and records a quarterly income tax provision (benefit) in accordance with the ASC No. 740-270, "Income tax – Interim reporting". As the year progresses, the Company refines the estimates of the year's taxable income as new information becomes available. This continual estimation process often results in a change to the expected effective tax rate for the year. When this occurs, the Company adjusts the income tax provision (benefit) during the quarter in which the change in estimate occurs so that the year-to-date provision reflects the expected annual tax rate.
	The Company considers positive and negative evidence to determine whether some portion or all of the deferred tax assets will more likely than not be realized. This assessment considers, among other matters, the nature, frequency and severity of recent losses, forecasts of future profitability, the duration of statutory carryforward periods, the Company's experience with tax attributes expiring unused and tax planning alternatives. Valuation allowances have been established for deferred tax assets based on a more-likely-than-not threshold. The Company's ability to realize deferred tax assets depends on its ability to generate sufficient taxable income within the carryforward periods provided for in the tax law.

Earnings_Loss_Per_Share

Earnings (Loss) Per Share	9 Months Ended
	Dec. 31, 2013
Earnings (Loss) Per Share [Abstract]	'
Earnings (Loss) Per Share	'
	9	EARNINGS (LOSS) PER SHARE
	For purposes of calculating basic earnings per share, the Company used the following weighted average common stocks outstanding:
			Three Months Ended					Nine Months Ended
			December 31,					December 31,
	(In thousands except for per share data)		2013		2012			2013		2012
	Net income (loss) attributable to common stockholders		$	9,987	$	(13,270	)	$	20,835	$	(67,155	)
	Weighted average common stock outstanding – basic			57,301		57,301			57,301		57,301
	Earnings (loss) per share - basic		$	0.17	$	(0.23	)	$	0.36	$	(1.17	)

Contingencies

Contingencies	9 Months Ended
	Dec. 31, 2013
Contingencies [Abstract]	'
Contingencies	'
	10	CONTINGENCIES
	The Company is subject to legal proceedings and claims which arise in the ordinary course of business. Claims have been made against the Company from time to time. The Company intends to contest each lawsuit vigorously. The Company is not involved in any legal proceedings which it believes will have the potential for a materially adverse impact on the Company's business or financial condition, results of operations or cash flows.
	On September 17, 2012, the Company entered into a partnership framework agreement, a milk supply agreement, a whey supply agreement, a whey powder supply agreement, and a technical assistance agreement with Sodiaal Union, a French agricultural cooperative company ("Sodiaal"), and/or Euroserum SAS ("Euroserum"), a French subsidiary of Sodiaal, relating to a long-term industrial and commercial partnership between Sodiaal and the Company. Under these agreements, the Company undertakes to build a new drying facility (the "French Project") in Carhaix, France, intended to manufacture powdered milk and fat-enriched demineralized whey. Pursuant to the partnership framework agreement, the operational commissioning of the new drying facility will take place no later than January 2, 2015. In the event of a delay beyond January 2, 2015 and save for limited exceptions, the Company will undertake to compensate Sodiaal or Euroserum for losses which may be incurred as a result of such delay, depending on the circumstances. The loss incurred by Sodiaal or Euroserum in case of a delay of the operational commissioning of the new drying facility beyond January 2, 2015 shall amount to the loss of profits actually suffered, as the case may be, by Sodiaal or Euroserum under the milk supply agreement or the whey supply agreement.
	We expect to obtain approval for the environmental impact study around April 2014, and finalize the loan agreement in the first quarter of fiscal 2015. Due to the delay in getting government approvals, we expect the operational commissioning of the new drying facility to take place in late calendar year 2015, which is later than the deadline of January 2, 2015 specified in the partnership framework agreement. The partnership framework agreement with Sodiaal provides that we will compensate Sodiaal for their losses due to delays in the start of the operation of our project, if such delays are not caused by government actions. We have estimated that a one-year's delay would result in such losses totaling less than €10 million (equivalent to $13.9 million). However, as most of our current expected delay is due to government approval process and also considering our long term alliance with Euroserum / Sodiaal, as well as the strategic importance of this project to Sodiaal, we expect to be able to negotiate the amount of such compensation if any, with Sodiaal. As a result, we have not accrued any loss in connection with this matter on our financial statements.

Segment_Reporting

Segment Reporting	9 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Segment Reporting	'
	11	SEGMENT REPORTING
	The Company focuses on selling powdered formula products for infants and adults, and also engages in other nutritional product offerings, such as prepared foods and certain nutritional ingredients and supplements. The activities of each segment are as follows:
	Powdered Formula - Sales of powdered infant and adult formula products.
	Foods - Sales of prepared foods for babies, children and adult.
	Nutritional Ingredients and Supplements - Sales of nutritional ingredients and supplements such as chondroitin sulfate to external customers, and microencapsulated Docosahexanoic Acid ("DHA") and Arachidonic Acid ("ARA") to powdered formula segment.
	Other business - Other business includes non-core businesses such as ancillary sales of excess or unusable ingredients and materials to industrial customers.
	The Company's underlying accounting records are maintained on a legal entity basis for government and public reporting requirements. Segment disclosures are on a performance basis consistent with internal management reporting.
			Three Months Ended						Nine Months Ended
			December 31,						December 31,
	(In thousands)		2013			2012			2013			2012
	NET SALES TO EXTERNAL CUSTOMERS
	Powdered formula		$	86,158		$	62,390		$	225,888		$	162,935
	Foods			30			86			130			196
	Nutritional ingredients and supplements			6,264			156			17,918			3,632
	Other business			8,582			10,596			27,859			26,151
	Net sales		$	101,034		$	73,228		$	271,795		$	192,914
	INTERSEGMENT SALES
	Powdered formula		$	14		$	6		$	88		$	18
	Foods			0			122			0			403
	Nutritional ingredients and supplements			2,525			2,422			7,327			6,521
	Other business			0			0			0			51
	Intersegment sales		$	2,539		$	2,550		$	7,415		$	6,993
	GROSS PROFIT (LOSS)
	Powdered formula		$	42,830		$	32,720		$	117,403		$	72,498
	Foods			(608	)		(371	)		(1,345	)		(1,246	)
	Nutritional ingredients and supplements			(843	)		(188	)		(1,350	)		(1,882	)
	Other business			(1,076	)		(650	)		565			(3,084	)
	Gross profit		$	40,303		$	31,511		$	115,273		$	66,286
	Selling and distribution expenses			12,486			14,488			40,753			41,903
	Advertising and promotion expenses			9,769			9,910			29,008			26,900
	General and administrative expenses			6,477			6,967			18,760			21,986
	Gain on disposal and liquidation of subsidiaries			0			0			367			2,610
	Government subsidies			362			216			630			1,181
	Income (loss) from operations			11,933			362			27,749			(20,712	)
	Interest expense			3,850			4,021			11,761			11,511
	Interest income			1,076			604			3,186			1,681
	Other income, net			555			573			1,407			56
	Income (loss) before income tax expense		$	9,714		$	(2,482	)	$	20,581		$	(30,486	)
	(In thousands)		December 31,			March 31,
			2013			2013
	TOTAL ASSETS
	Powdered formula		$	505,500		$	491,079
	Foods			18,104	*		20,150
	Nutritional ingredients and supplements			43,246			33,879
	Other business			135,758			133,748
	Intersegment elimination			(208,506	)		(202,712	)
	Total		$	494,102		$	476,144
	* The total assets of foods segment included assets held for sale of $3.2 million.

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Dec. 31, 2013
Inventories [Abstract]	'
Schedule Of Inventories	'
	(In thousands)	December 31,		March 31,
		2013		2013
	Raw materials	$	55,783	$	56,607
	Work-in-progress		12,905		17,023
	Finished goods		23,144		14,077
	Total	$	91,832	$	87,707

Related_Parties_And_Related_Pa1

Related Parties And Related Party Transactions (Tables)	9 Months Ended
	Dec. 31, 2013
Related Parties And Related Party Transactions [Abstract]	'
Schedule Of Balances Due From Related Parties	'
	(In thousands)	December 31,		March 31,
		2013		2013
	Sheng Zhi Da Dairy Group Corporation	$	1,935	$	1,882
	St. Angel (Beijing) Business Service Co. Ltd.		3,401		3,132
	Beijing Ao Naier Feed Stuff Co., Ltd.		405		663
	Total	$	5,741	$	5,677
Schedule Of Balances Due To Related Parties	'
	(In thousands)	December 31,		March 31,
		2013		2013
	Sheng Zhi Da Dairy Group Corporation	$	764	$	1,107
	Beijing Honnete Dairy Co., Ltd.		470		495
	Beijing Kelqin Dairy Co. Ltd.		0		6
	Beijing St. Angel Cultural Communication Co., Ltd.		220		254
	Total	$	1,454	$	1,862
Schedule Of Sales To Related Parties	'
		Three Months Ended				Nine Months Ended
		December 31,				December 31,
	(In thousands)	2013		2012		2013		2012
	Beijing Honnete Dairy Co., Ltd.	$	2	$	0	$	6	$	773
	St. Angel (Beijing) Business Service Co., Ltd.		250		0		1,489		2,454
	Qingdao Lvyin Waste Disposal Investment Management Co., Ltd.		0		0		0		1
	Beijing Ao Naier Feed Stuff Co., Ltd.		173		87		267		143
	Beijing St. Angel Cultural Communication Co., Ltd.		11		0		11		0
	Total	$	436	$	87	$	1,773	$	3,371
Schedule Of Purchases From Related Parties	'
		Three Months Ended				Nine Months Ended
		December 31,				December 31,
	(In thousands)	2013		2012		2013		2012
	Beijing St. Angel Cultural Communication Co. Ltd.	$	122	$	119	$	365	$	458
	Beijing Honnete Dairy Co., Ltd.		0		185		0		4,674
	Beijing Kelqin Dairy Co., Ltd.		0		0		0		7
	Total	$	122	$	304	$	365	$	5,139

Property_Plant_And_Equipment_N1

Property, Plant And Equipment, Net (Tables)	9 Months Ended
	Dec. 31, 2013
Property, Plant And Equipment, Net [Abstract]	'
Schedule Of Property, Plant And Equipment, Net	'
	(In thousands)	December 31,		March 31,
		2013		2013
	Property, plant and equipment, cost:
	Capital lease of building	$	5,796	$	5,637
	Buildings and renovations		92,117		84,502
	Plant and machinery		86,661		84,559
	Office equipment and furnishings		11,510		10,809
	Motor vehicles		3,262		3,180
	Others		998		918
	Total cost	$	200,344	$	189,605
	Less: Accumulated depreciation:
	Capital lease of building		776		625
	Buildings and renovations		18,819		15,750
	Plant and machinery		45,436		40,396
	Office equipment and furnishings		5,868		4,190
	Motor vehicles		2,449		2,212
	Others		613		511
	Total accumulated depreciation		73,961		63,684
	Construction in progress		19,794		4,200
	Property, plant and equipment, net	$	146,177	$	130,121

Debt_Tables

Debt (Tables)	9 Months Ended
	Dec. 31, 2013
Debt [Abstract]	'
Schedule Of Maturities On Long-Term Debt	'
	(In thousands)	Twelve Months Ended
	31-Dec-14	$	46,535
	31-Dec-15		147,105

Other_Current_Liabilities_Tabl

Other Current Liabilities (Tables)	9 Months Ended
	Dec. 31, 2013
Other Current Liabilities [Abstract]	'
Schedule Of Other Current Liabilities	'
	(In thousands)	December 31,		March
		2013		31, 2013
	Accrued rebate and slotting fee	$	17,159	$	21,314
	Payroll and bonus payables		9,179		6,253
	Accrued selling expenses		6,456		5,496
	Accrued advertising and promotion expenses		9,410		12,034
	Other tax payable		363		675
	Accrued rental fee		1,051		1,461
	Accrued interest expense		2,669		2,346
	Others		2,997		3,209
	Total	$	49,284	$	52,788

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Dec. 31, 2013
Earnings (Loss) Per Share [Abstract]	'
Schedule Of Basic Earnings Per Share	'
		Three Months Ended					Nine Months Ended
		December 31,					December 31,
	(In thousands except for per share data)	2013		2012			2013		2012
	Net income (loss) attributable to common stockholders	$	9,987	$	(13,270	)	$	20,835	$	(67,155	)
	Weighted average common stock outstanding – basic		57,301		57,301			57,301		57,301
	Earnings (loss) per share - basic	$	0.17	$	(0.23	)	$	0.36	$	(1.17	)

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Schedule Of Segment Reporting Information By Activities Of Each Segment	'
		Three Months Ended						Nine Months Ended
		December 31,						December 31,
	(In thousands)	2013			2012			2013			2012
	NET SALES TO EXTERNAL CUSTOMERS
	Powdered formula	$	86,158		$	62,390		$	225,888		$	162,935
	Foods		30			86			130			196
	Nutritional ingredients and supplements		6,264			156			17,918			3,632
	Other business		8,582			10,596			27,859			26,151
	Net sales	$	101,034		$	73,228		$	271,795		$	192,914
	INTERSEGMENT SALES
	Powdered formula	$	14		$	6		$	88		$	18
	Foods		0			122			0			403
	Nutritional ingredients and supplements		2,525			2,422			7,327			6,521
	Other business		0			0			0			51
	Intersegment sales	$	2,539		$	2,550		$	7,415		$	6,993
	GROSS PROFIT (LOSS)
	Powdered formula	$	42,830		$	32,720		$	117,403		$	72,498
	Foods		(608	)		(371	)		(1,345	)		(1,246	)
	Nutritional ingredients and supplements		(843	)		(188	)		(1,350	)		(1,882	)
	Other business		(1,076	)		(650	)		565			(3,084	)
	Gross profit	$	40,303		$	31,511		$	115,273		$	66,286
	Selling and distribution expenses		12,486			14,488			40,753			41,903
	Advertising and promotion expenses		9,769			9,910			29,008			26,900
	General and administrative expenses		6,477			6,967			18,760			21,986
	Gain on disposal and liquidation of subsidiaries		0			0			367			2,610
	Government subsidies		362			216			630			1,181
	Income (loss) from operations		11,933			362			27,749			(20,712	)
	Interest expense		3,850			4,021			11,761			11,511
	Interest income		1,076			604			3,186			1,681
	Other income, net		555			573			1,407			56
	Income (loss) before income tax expense	$	9,714		$	(2,482	)	$	20,581		$	(30,486	)
	(In thousands)	December 31,			March 31,
		2013			2013
	TOTAL ASSETS
	Powdered formula	$	505,500		$	491,079
	Foods		18,104	*		20,150
	Nutritional ingredients and supplements		43,246			33,879
	Other business		135,758			133,748
	Intersegment elimination		(208,506	)		(202,712	)
	Total	$	494,102		$	476,144
	* The total assets of foods segment included assets held for sale of $3.2 million.

Basis_Of_Presentation_Narrativ

Basis Of Presentation (Narrative) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
Basis Of Presentation [Abstract]	'
Asset liability ratio	90.00%
Debt instrument, unused borrowing capacity	$66.50

Inventories_Details

Inventories (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
Inventories [Abstract]	'	'
Raw materials	$55,783,000	$56,607,000
Work-in-progress	12,905,000	17,023,000
Finished goods	23,144,000	14,077,000
Total	91,832,000	87,707,000
Goods-in-transit included in raw materials	$24,400,000	$15,900,000

Related_Parties_And_Related_Pa2

Related Parties And Related Party Transactions (Schedule Of Balances Due From Related Parties) (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Related Party Transaction [Line Items]	'	'
Due from related parties	$5,741	$5,677
Sheng Zhi Da Dairy Group Corporation [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due from related parties	1,935	1,882
St. Angel (Beijing) Business Service Co., Ltd. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due from related parties	3,401	3,132
Beijing Ao Naier Feed Stuff Co., Ltd. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due from related parties	$405	$663

Related_Parties_And_Related_Pa3

Related Parties And Related Party Transactions (Schedule Of Balances Due To Related Parties) (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Related Party Transaction [Line Items]	'	'
Due to related parties	$1,454	$1,862
Sheng Zhi Da Dairy Group Corporation [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due to related parties	764	1,107
Beijing Honnete Dairy Co., Ltd. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due to related parties	470	495
Beijing Kelqin Dairy Co., Ltd. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due to related parties	0	6
Beijing St. Angel Cultural Communication Co., Ltd. [Member]	'	'
Related Party Transaction [Line Items]	'	'
Due to related parties	$220	$254

Related_Parties_And_Related_Pa4

Related Parties And Related Party Transactions (Schedule Of Sales To Related Parties) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]	'	'	'	'
Sales to related parties	$436	$87	$1,773	$3,371
Beijing Honnete Dairy Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Sales to related parties	2	0	6	773
St. Angel (Beijing) Business Service Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Sales to related parties	250	0	1,489	2,454
Qingdao Lvyin Waste Disposal Investment Management Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Sales to related parties	0	0	0	1
Beijing Ao Naier Feed Stuff Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Sales to related parties	173	87	267	143
Beijing St. Angel Cultural Communication Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Sales to related parties	$11	$0	$11	$0

Related_Parties_And_Related_Pa5

Related Parties And Related Party Transactions (Schedule Of Purchases From Related Parties) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]	'	'	'	'
Purchases from related parties	$122	$304	$365	$5,139
Beijing St. Angel Cultural Communication Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Purchases from related parties	122	119	365	458
Beijing Honnete Dairy Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Purchases from related parties	0	185	0	4,674
Beijing Kelqin Dairy Co., Ltd. [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Purchases from related parties	$0	$0	$0	$7

Property_Plant_And_Equipment_N2

Property, Plant And Equipment, Net (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	$200,344,000	'	$200,344,000	'	$189,605,000
Total accumulated depreciation	73,961,000	'	73,961,000	'	63,684,000
Construction in progress	19,794,000	'	19,794,000	'	4,200,000
Property, plant and equipment, net	146,177,000	'	146,177,000	'	130,121,000
Depreciation expense	3,500,000	3,400,000	10,400,000	10,200,000	'
Capital Lease Of Building [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	5,796,000	'	5,796,000	'	5,637,000
Total accumulated depreciation	776,000	'	776,000	'	625,000
Buildings And Renovations [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	92,117,000	'	92,117,000	'	84,502,000
Total accumulated depreciation	18,819,000	'	18,819,000	'	15,750,000
Plant And Machinery [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	86,661,000	'	86,661,000	'	84,559,000
Total accumulated depreciation	45,436,000	'	45,436,000	'	40,396,000
Office Equipment And Furnishings [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	11,510,000	'	11,510,000	'	10,809,000
Total accumulated depreciation	5,868,000	'	5,868,000	'	4,190,000
Motor Vehicles [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	3,262,000	'	3,262,000	'	3,180,000
Total accumulated depreciation	2,449,000	'	2,449,000	'	2,212,000
Others [Member]	'	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'	'
Property, plant and equipment, cost	998,000	'	998,000	'	918,000
Total accumulated depreciation	$613,000	'	$613,000	'	$511,000

Debt_Narrative_Details

Debt (Narrative) (Details) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2013
Debt Instrument [Line Items]	'	'	'	'	'
Short-term debt from PRC banks	$101,538,000	'	$101,538,000	'	$127,449,000
Weighted average interest rate on short-term debt from banks outstanding	4.80%	'	4.80%	'	3.80%
Short-term debt from banks that were secured by pledge of inventory purchased	2,400,000	'	2,400,000	'	26,400,000
Short-term debt from banks that were secured by pledge of certain fixed assets held by the Company	0	'	0	'	13,400,000
Short-term debt from banks that were secured by the pledge of the Company's land use right	4,000,000	'	4,000,000	'	5,400,000
Short-term debt from banks that were secured by pledge of restricted cash deposits	41,500,000	'	41,500,000	'	33,000,000
Weighted average interest rate of outstanding long-term debt	4.80%	'	4.80%	'	5.60%
Indebtedness that was secured by the pledge of certain fixed assets	0	'	0	'	15,300,000
Indebtedness that was secured by the pledge of land use right	0	'	0	'	1,200,000
Indebtedness that was secured by the pledge of restricted cash deposits	59,000,000	'	59,000,000	'	41,200,000
Long-term loan from a related party	2,900,000	'	2,900,000	'	2,900,000
Interest rate of the long-term loan	10.00%	'	10.00%	'	10.00%
Interest expense of related party loans	72,000	72,000	215,000	215,000	'
Short-Term Debt [Member]	'	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'	'
Maturity date of the debt outstanding range, start	'	'	1-Jan-14	'	'
Maturity date of the debt outstanding range, end	'	'	1-Dec-14	'	'
Bank Loan [Member]	'	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'	'
Maturity date of the debt outstanding range, start	'	'	1-Jan-14	'	'
Maturity date of the debt outstanding range, end	'	'	1-Nov-15	'	'
Long-term debt, including current portion	$190,800,000	'	$190,800,000	'	$184,800,000
Long-Term Debt [Member]	'	'	'	'	'
Debt Instrument [Line Items]	'	'	'	'	'
Maturity date of the long-term related party loan	'	'	1-Nov-13	'	'

Debt_Schedule_Of_Maturities_On

Debt (Schedule Of Maturities On Long-Term Debt) (Details) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt [Abstract]	'
2014	$46,535
2015	$147,105

Other_Current_Liabilities_Sche

Other Current Liabilities (Schedule Of Other Current Liabilities) (Details) (USD $)	Dec. 31, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Other Current Liabilities [Abstract]	'	'
Accrued rebate and slotting fee	$17,159	$21,314
Payroll and bonus payables	9,179	6,253
Accrued selling expenses	6,456	5,496
Accrued advertising and promotion expenses	9,410	12,034
Other tax payable	363	675
Accrued rental fee	1,051	1,461
Accrued interest expense	2,669	2,346
Others	2,997	3,209
Total	$49,284	$52,788

Earnings_Loss_Per_Share_Detail

Earnings (Loss) Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Earnings (Loss) Per Share [Abstract]	'	'	'	'
Net income (loss) attributable to common stockholders	$9,987	($13,270)	$20,835	($67,155)
Weighted average common stock outstanding - basic	57,301	57,301	57,301	57,301
Earnings (loss) per share-basic	$0.17	($0.23)	$0.36	($1.17)

Commitments_And_Contingencies_

Commitments And Contingencies (Narrative) (Details)	Dec. 31, 2013	Dec. 31, 2013
In Millions, unless otherwise specified	USD ($)	EUR (€)
Contingencies [Abstract]	'	'
Possible loss due to delays	$13.90	€ 10

Segment_Reporting_Schedule_Of_

Segment Reporting (Schedule Of Segment Reporting Information By Activities Of Each Segment) (Details) (USD $)	3 Months Ended			9 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2013		Dec. 31, 2012	Mar. 31, 2013
Segment Reporting Information [Line Items]	'		'	'		'	'
Net sales	$101,034,000		$73,228,000	$271,795,000		$192,914,000	'
Intersegment sales	2,539,000		2,550,000	7,415,000		6,993,000	'
Gross profit	40,303,000		31,511,000	115,273,000		66,286,000	'
Selling and distribution expenses	12,486,000		14,488,000	40,753,000		41,903,000	'
Advertising and promotion expenses	9,769,000		9,910,000	29,008,000		26,900,000	'
General and administrative expenses	6,477,000		6,967,000	18,760,000		21,986,000	'
Gain on disposal and liquidation of subsidiaries	0		0	367,000		2,610,000	'
Government subsidies	362,000		216,000	630,000		1,181,000	'
Income (loss) from operations	11,933,000		362,000	27,749,000		-20,712,000	'
Interest expense	3,850,000		4,021,000	11,761,000		11,511,000	'
Interest income	1,076,000		604,000	3,186,000		1,681,000	'
Other income, net	555,000		573,000	1,407,000		56,000	'
Income (loss) before income tax expense (benefit)	9,714,000		-2,482,000	20,581,000		-30,486,000	'
Total assets	494,102,000		'	494,102,000		'	476,144,000
Assets held for sale	3,200,000		'	3,200,000		'	'
Powdered Formula [Member]	'		'	'		'	'
Segment Reporting Information [Line Items]	'		'	'		'	'
Net sales	86,158,000		62,390,000	225,888,000		162,935,000	'
Intersegment sales	14,000		6,000	88,000		18,000	'
Gross profit	42,830,000		32,720,000	117,403,000		72,498,000	'
Total assets	505,500,000		'	505,500,000		'	491,079,000
Foods [Member]	'		'	'		'	'
Segment Reporting Information [Line Items]	'		'	'		'	'
Net sales	30,000		86,000	130,000		196,000	'
Intersegment sales	0		122,000	0		403,000	'
Gross profit	-608,000		-371,000	-1,345,000		-1,246,000	'
Total assets	18,104,000	[1]	'	18,104,000	[1]	'	20,150,000
Nutritional Ingredients And Supplements [Member]	'		'	'		'	'
Segment Reporting Information [Line Items]	'		'	'		'	'
Net sales	6,264,000		156,000	17,918,000		3,632,000	'
Intersegment sales	2,525,000		2,422,000	7,327,000		6,521,000	'
Gross profit	-843,000		-188,000	-1,350,000		-1,882,000	'
Total assets	43,246,000		'	43,246,000		'	33,879,000
Other Business [Member]	'		'	'		'	'
Segment Reporting Information [Line Items]	'		'	'		'	'
Net sales	8,582,000		10,596,000	27,859,000		26,151,000	'
Intersegment sales	0		0	0		51,000	'
Gross profit	-1,076,000		-650,000	565,000		-3,084,000	'
Total assets	135,758,000		'	135,758,000		'	133,748,000
Intersegment Elimination [Member]	'		'	'		'	'
Segment Reporting Information [Line Items]	'		'	'		'	'
Total assets	($208,506,000)		'	($208,506,000)		'	($202,712,000)
[1]	The total assets of foods segment included assets held for sale of $3.2 million.