v3.24.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Net sales $ 43,818 $ 39,873 $ 136,463 $ 114,091
Cost of products sold 34,095 33,646 108,572 95,840
Gross profit 9,723 6,227 27,891 18,251
Other expenses and income:        
Selling, general and administrative 8,429 5,284 21,563 15,828
Selling, general and administrative – amortization 383 274 930 821
Operating income 911 669 5,398 1,602
Loss on extinguishment of debt 726 0 726 0
Other expense (income), net 93 (63) 280 (188)
Interest expense, net 37 294 277 697
Income before (benefit) provision for income taxes 55 438 4,115 1,093
(Benefit) provision for income taxes (110) 70 899 245
Net income $ 165 $ 368 $ 3,216 $ 848
Basic:        
Net income $ 0.02 $ 0.03 $ 0.3 $ 0.08
Diluted:        
Net income $ 0.02 $ 0.03 $ 0.3 $ 0.08
Weighted average common shares outstanding:        
Basic 10,775 10,611 10,709 10,613
Diluted 10,920 10,660 10,792 10,632

Source