Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements of Operations [Abstract]      
Net sales $ 104,973 $ 103,186 $ 74,235
Cost of products sold 73,151 70,431 52,137
Cost of goods sold - amortization   120 247
Total cost of goods sold 73,151 70,551 52,384
Gross profit 31,822 32,635 21,851
Other expenses and income:      
Selling, general and administrative 16,332 15,321 13,009
Selling, general and administrative - amortization 228 219 67
Interest income (51) (58) (77)
Interest expense (264) 476 92
Total other expenses and income 16,245 15,958 13,091
Income before provision for income taxes 15,577 16,677 8,760
Provision for income taxes 4,429 6,124 2,886
Net income $ 11,148 $ 10,553 $ 5,874
Basic:      
Net income $ 1.11 $ 1.06 $ 0.59
Diluted:      
Net income $ 1.11 $ 1.06 $ 0.59
Average common shares outstanding:      
Basic 10,027 9,963 9,919
Diluted 10,051 9,998 9,958
Dividends declared per share $ 0.09 $ 0.08 $ 0.08