v3.22.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]      
Net sales $ 122,814 $ 97,489 $ 90,604
Cost of products sold 113,685 77,020 72,456
Gross profit 9,129 20,469 18,148
Other expenses and income:      
Selling, general and administrative 20,386 17,471 16,879
Selling, general and administrative – amortization 913 0 0
Other operating (income) expense, net (827)   617
Operating (loss) income (11,343) 2,998 652
Other income (527) (113) (348)
Interest income (50) (167) (1,324)
Interest expense 450 11 12
Total other expenses and income (127) (269) (1,660)
Income (loss) before provision for income taxes (11,216) 3,267 2,312
(Benefit) provision for income taxes (2,443) 893 440
Net (loss) income $ (8,773) $ 2,374 $ 1,872
Basic:      
Net (Loss) income $ (0.83) $ 0.24 $ 0.19
Diluted:      
Net (loss) income $ (0.83) $ 0.24 $ 0.19
Average common shares outstanding:      
Basic 10,541 9,959 9,876
Diluted 10,541 9,959 9,879
Dividends declared per share $ 0.33 $ 0.44 $ 0.43

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