Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.21.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]      
Net sales $ 97,489 $ 90,604 $ 91,831
Cost of products sold 77,020 72,456 69,922
Gross profit 20,469 18,148 21,909
Other expenses and income:      
Selling, general and administrative 17,471 16,879 17,878
Goodwill and other impairments 184   6,449
Other expense   617  
Other income (113) (348) (823)
Interest income (167) (1,324) (1,462)
Interest expense 11 12 12
Total other expenses and income 17,202 15,836 22,054
Income (loss) before provision for income taxes 3,267 2,312 (145)
Provision for income taxes 893 440 163
Net income (loss) $ 2,374 $ 1,872 $ (308)
Basic:      
Net income (loss) $ 0.24 $ 0.19 $ (0.03)
Diluted:      
Net income (loss) $ 0.24 $ 0.19 $ (0.03)
Average common shares outstanding:      
Basic 9,959 9,876 9,823
Diluted 9,959 9,879 9,823
Dividends declared per share $ 0.44 $ 0.43 $ 0.39