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Note 15 - Quarterly Results (Unaudited)
12 Months Ended
Mar. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

Note 15. Quarterly Results (unaudited)


Quarterly financial information for the years ended March 31, 2015, 2014 and 2013 is summarized as follows (net income per share per quarter will not add up to reported annual earnings per share due to differences in average outstanding shares as reported on a quarterly basis) (in thousands, except per share data):


   

First

   

Second

   

Third

   

Fourth

 

2015

 

Quarter

   

Quarter

   

Quarter

   

Quarter

 

Revenues

  $ 16,400     $ 18,540     $ 17,830     $ 18,560  

Gross profit

    9,705       11,123       11,052       11,512  

Net income

    1,881       3,060       2,403       2,239  

Net Income per share – basic

  $ 0.54     $ 0.87     $ 0.68     $ 0.63  

Net Income per share – diluted

    0.51       0.84       0.66       0.61  

   

First

   

Second

   

Third

   

Fourth

 

2014

 

Quarter

   

Quarter

   

Quarter

   

Quarter

 

Revenues

  $ 11,218     $ 12,676     $ 13,116     $ 15,714  

Gross profit

    6,797       7,600       7,706       9,585  

Net income

    1,860       1,932       1,746       3,462  

Net Income per share – basic

  $ 0.55     $ 0.57     $ 0.51     $ 1.00  

Net Income per share – diluted

    0.52       0.54       0.48       0.95  

   

First

   

Second

   

Third

   

Fourth

 

2013

 

Quarter

   

Quarter

   

Quarter

   

Quarter

 

Revenues

  $ 10,560     $ 11,706     $ 11,361     $ 12,808  

Gross profit

    6,456       7,248       6,947       8,211  

Net income

    2,100       2,248       1,543       2,559  

Net Income per share – basic

  $ 0.63     $ 0.67     $ 0.46     $ 0.76  

Net Income per share – diluted

    0.59       0.64       0.44       0.71