Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]      
Net sales $ 91,769 $ 90,039 $ 135,169
Cost of products sold 69,608 66,784 93,365
Gross profit 22,161 23,255 41,804
Other expenses and income:      
Selling, general and administrative 14,624 16,331 18,283
Selling, general and administrative - amortization 234 234 229
Restructuring charge 630   1,718
Other income   (1,789)  
Interest income (386) (261) (189)
Interest expense 10 10 11
Total other expenses and income 15,112 14,525 20,052
Income before provision for income taxes 7,049 8,730 21,752
Provision for income taxes 2,026 2,599 7,017
Net income $ 5,023 $ 6,131 $ 14,735
Basic:      
Net income $ 0.52 $ 0.61 $ 1.46
Diluted:      
Net income $ 0.52 $ 0.61 $ 1.45
Average common shares outstanding:      
Basic 9,716 9,976 10,123
Diluted 9,728 9,983 10,143
Dividends declared per share $ 0.36 $ 0.33 $ 0.20