Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2012
Income Statement [Abstract]      
Net sales $ 102,218 $ 104,973 $ 103,186
Cost of products sold 70,406 73,151 70,431
Cost of goods sold - amortization     120
Total cost of goods sold 70,406 73,151 70,551
Gross profit 31,812 31,822 32,635
Other expenses and income:      
Selling, general and administrative 16,973 16,332 15,321
Selling, general and administrative - amortization 222 228 219
Interest income (94) (51) (58)
Interest expense 1 (264) 476
Total other expenses and income 17,102 16,245 15,958
Income before provision for income taxes 14,710 15,577 16,677
Provision for income taxes 4,565 4,429 6,124
Net income $ 10,145 $ 11,148 $ 10,553
Basic:      
Net income $ 1.01 $ 1.11 $ 1.06
Diluted:      
Net income $ 1.00 $ 1.11 $ 1.06
Average common shares outstanding:      
Basic 10,070 10,027 9,963
Diluted 10,104 10,051 9,998
Dividends declared per share $ 0.13 $ 0.09 $ 0.08