Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.4.0.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Income Statement [Abstract]      
Net sales $ 90,039 $ 135,169 $ 102,218
Cost of products sold 66,784 93,365 70,406
Gross profit 23,255 41,804 31,812
Other expenses and income:      
Selling, general and administrative 16,331 18,283 16,973
Selling, general and administrative - amortization 234 229 222
Restructuring charge   1,718  
Other income (1,789)    
Interest income (261) (189) (94)
Interest expense 10 11 1
Total other expenses and income 14,525 20,052 17,102
Income before provision for income taxes 8,730 21,752 14,710
Provision for income taxes 2,599 7,017 4,565
Net income $ 6,131 $ 14,735 $ 10,145
Basic:      
Net income $ 0.61 $ 1.46 $ 1.01
Diluted:      
Net income $ 0.61 $ 1.45 $ 1.00
Average common shares outstanding:      
Basic 9,976 10,123 10,070
Diluted 9,983 10,143 10,104
Dividends declared per share $ 0.33 $ 0.20 $ 0.13