Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited)

v3.7.0.1
Quarterly Financial Data (Unaudited)
12 Months Ended
Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

Note 18 - Quarterly Financial Data (Unaudited):

A capsule summary of the Company's unaudited quarterly results for fiscal 2017 and fiscal 2016 is presented below:

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Total

 

Year ended March 31, 2017

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Year

 

Net sales

 

$

22,365

 

 

$

21,126

 

 

$

22,654

 

 

$

25,624

 

 

$

91,769

 

Gross profit

 

 

4,111

 

 

 

5,010

 

 

 

6,301

 

 

 

6,739

 

 

 

22,161

 

Net income

 

 

85

 

(1)

 

1,297

 

(1)

 

1,840

 

 

 

1,801

 

 

 

5,023

 

Per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

.01

 

 

$

.13

 

 

$

.19

 

 

$

.18

 

 

$

0.52

 

Diluted

 

$

.01

 

 

$

.13

 

 

$

.19

 

 

$

.18

 

 

$

0.52

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Market price range of common stock

 

$17.11-19.92

 

 

$17.72-21.09

 

 

$17.19-24.05

 

 

$21.64-24.99

 

 

$17.11-24.99

 

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

Total

 

 

Year ended March 31, 2016

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Year

 

 

Net sales

 

$

27,617

 

 

$

22,798

 

 

$

17,323

 

 

$

22,301

 

 

$

90,039

 

 

Gross profit

 

 

8,037

 

 

 

7,135

 

 

 

3,524

 

 

 

4,559

 

 

 

23,255

 

 

Net income

 

 

2,361

 

 

 

1,976

 

 

 

1,274

 

 

 

520

 

 

 

6,131

 

(1)

Per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

.23

 

 

$

.20

 

 

$

.13

 

 

$

.05

 

 

$

0.61

 

 

Diluted

 

$

.23

 

 

$

.20

 

 

$

.13

 

 

$

.05

 

 

$

0.61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Market price range of common stock

 

$19.82-25.25

 

 

$15.71-20.60

 

 

$15.63-18.88

 

 

$14.39-20.24

 

 

$14.39-25.25

 

 

 

(1)  In the first and second quarters of fiscal 2017, the Company recognized restructuring charges of $555 and $75, respectively.  As a result, net income in the first and second quarters includes the restructuring charge net of an income tax benefit of $172 and $17, respectively.