Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 53,563 $ 45,076 $ 103,514 $ 92,645
Cost of products sold 40,764 37,885 78,347 74,477
Gross profit 12,799 7,191 25,167 18,168
Other operating expenses and income:        
Selling, general and administrative 8,723 6,115 17,561 13,134
Selling, general and administrative – amortization 437 273 873 547
Other operating income (596) 0 (726) 0
Operating income 4,235 803 7,459 4,487
Other expense, net 91 94 182 187
Interest (income) expense, net (153) 55 (314) 240
Income before provision for income taxes 4,297 654 7,591 4,060
Provision for income taxes 1,016 243 1,344 1,009
Net income $ 3,281 $ 411 $ 6,247 $ 3,051
Basic:        
Net income $ 0.3 $ 0.04 $ 0.57 $ 0.29
Diluted:        
Net income $ 0.3 $ 0.04 $ 0.57 $ 0.28
Weighted average common shares outstanding:        
Basic 10,887 10,699 10,875 10,675
Diluted 11,024 10,810 10,995 10,761