Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Net sales $ 16,710 $ 20,593
Cost of products sold 15,142 15,879
Gross profit 1,568 4,714
Other expenses and income:    
Selling, general and administrative 3,902 4,556
Selling, general and administrative – amortization   11
Other expense   523
Other income (55) (87)
Interest income (94) (399)
Interest expense 5 3
Total other expenses and income 3,758 4,607
(Loss) income before provision for income taxes (2,190) 107
(Benefit) provision for income taxes (372) 25
Net (loss) income $ (1,818) $ 82
Basic:    
Net (loss) income $ (0.18) $ 0.01
Diluted:    
Net (loss) income $ (0.18) $ 0.01
Weighted average common shares outstanding:    
Basic 9,895 9,855
Diluted 9,895 9,858
Dividends declared per share $ 0.11 $ 0.10