Condensed Consolidated Statements of Operations and Retained Earnings (Unaudited) (USD $) In Thousands, except Per Share data |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2011 |
Sep. 30, 2010 |
Sep. 30, 2011 |
Sep. 30, 2010 |
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| Condensed Consolidated Statements of Operations and Retained Earnings [Abstract] | ||||
| Net sales | $ 33,595 | $ 15,723 | $ 58,607 | $ 29,074 |
| Cost of products sold | 20,794 | 10,376 | 37,501 | 19,877 |
| Cost of goods sold - amortization | 1 | 109 | ||
| Total cost of goods sold | 20,795 | 10,376 | 37,610 | 19,877 |
| Gross profit | 12,800 | 5,347 | 20,997 | 9,197 |
| Other expenses (income): | ||||
| Selling, general and administrative | 4,339 | 3,016 | 7,990 | 5,580 |
| Amortization | 57 | 3 | 107 | 6 |
| Interest income | (15) | (18) | (36) | (34) |
| Interest expense | 185 | 9 | 205 | 16 |
| Total other expenses and income | 4,566 | 3,010 | 8,266 | 5,568 |
| Income before income taxes | 8,234 | 2,337 | 12,731 | 3,629 |
| Provision for income taxes | 2,766 | 780 | 4,247 | 1,194 |
| Net income | 5,468 | 1,557 | 8,484 | 2,435 |
| Retained earnings at beginning of period | 67,441 | 60,219 | 64,623 | 59,539 |
| Dividends | (198) | (198) | (396) | (396) |
| Retained earnings at end of period | $ 72,711 | $ 61,578 | $ 72,711 | $ 61,578 |
| Basic: | ||||
| Net income | $ 0.55 | $ 0.16 | $ 0.85 | $ 0.25 |
| Diluted: | ||||
| Net income | $ 0.55 | $ 0.16 | $ 0.85 | $ 0.24 |
| Weighted average common shares outstanding: | ||||
| Basic: | 9,968 | 9,937 | 9,954 | 9,929 |
| Diluted: | 10,000 | 9,977 | 9,991 | 9,970 |
| Dividends declared per share | $ 0.02 | $ 0.02 | $ 0.04 | $ 0.04 |
| X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the costs of intangible assets over the expected benefit of such assets and the expense recognized for the step-up value related to inventory acquired in a business combination that was sold during the current period. This element applies only to intangible assets used in the production of goods and the step up value only of inventory acquired in a business combination.
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- Definition Total other expenses and income
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- Definition The amount of expense recognized in the current period that reflects the allocation of the costs of intangible assets over the expected benefit of such assets. This element applies only to intangible assets that are not used in the production of goods.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs related to goods produced and sold during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Equity impact of common stock cash dividends declared by an entity during the period. This element includes paid and unpaid dividends declared during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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