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Note 16 - Quarterly Results (unaudited)
12 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Note 1
6
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Quarterly Results (unaudited)
 
Quarterly financial information for the years ended March 31, 2016, 2015 and 2014 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
 
2016
 
Quarter
 
 
Quarter
 
 
Quarter
 
 
Quarter
 
Revenues
  $ 18,158     $ 21,776     $ 19,913     $ 24,812  
Gross profit
    11,141       13,067       12,209       14,996  
Net income
    2,755       1,826       2,597       3,991  
Net Income per share – basic
  $ 0.77     $ 0.51     $ 0.72     $ 1.10  
Net Income per share – diluted
    0.74       0.48       0.69       1.06  
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
201
5
 
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
 
201
4
 
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