Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Net sales $ 47,037 $ 43,818 $ 150,551 $ 136,463
Cost of products sold 35,351 34,095 113,698 108,572
Gross profit 11,686 9,723 36,853 27,891
Other operating expenses and income:        
Selling, general and administrative 9,260 8,429 26,821 21,563
Selling, general and administrative – amortization 436 383 1,309 930
Other operating income (220) 0 (946) 0
Operating income 2,210 911 9,669 5,398
Loss on extinguishment of debt 0 726 0 726
Other expense, net 91 93 273 280
Interest (income) expense, net (128) 37 (442) 277
Income before provision (benefit) for income taxes 2,247 55 9,838 4,115
Provision (benefit) for income taxes 659 (110) 2,003 899
Net income $ 1,588 $ 165 $ 7,835 $ 3,216
Basic:        
Net income $ 0.15 $ 0.02 $ 0.72 $ 0.3
Diluted:        
Net income $ 0.14 $ 0.02 $ 0.71 $ 0.3
Weighted average common shares outstanding:        
Basic 10,890 10,775 10,880 10,709
Diluted 11,057 10,920 11,016 10,792