XML 49 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1

Note 11 - Income Taxes (Tables)

12 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

		Year Ended March 31,
		2017				2016				2015
Domestic		$	12,913			$	14,427			$	14,896
Foreign			1,383				1,128				451
		$	14,296			$	15,555			$	15,347

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended March 31,
		2017				2016				2015
Current tax provision
Federal		$	2,282			$	3,666			$	4,186
State			510				627				1,135
Foreign			849				658				212
			3,641				4,951				5,533
Deferred tax provision:
Federal			(126	)			(189	)			252
State			(32	)			(138	)			51
Foreign			(370	)			(238	)			(72	)
			(528	)			(565	)			231
		$	3,113			$	4,386			$	5,764

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		March 31,
		201 7				201 6
Current deferred tax assets:
Accrued employee-related expenses		$	242			$	257
Allowances and reserves			132				217
Stock option deductible differences			898				606
Inventory			691				533
Currency translation adjustment			--				12
Net operating loss			--				110
Other			9				3
			1,972				1,738
Long-term deferred tax liability:
Property, plant and equipment			(1,635	)			(1,599	)
Goodwill and intangible assets			(3,807	)			(4,335	)
Currency translation adjustment			(3	)			--
Other			(81	)			(5	)
			(5,526	)			(5,939	)
Net deferred tax liability		$	(3,554	)		$	(4,201	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended March 31,
		2017				2016				2015
Federal income taxes at statutory rates		$	4,861			$	5,445			$	5,374
State income taxes, net of federal benefit			302				293				860
Tax benefit of stock option exercises			(1,576	)			(751	)			209
Section 199 manufacturing deduction			(304	)			(440	)			(317	)
Research and development credit			(385	)			(345	)			(248	)
Other			215				184				(114	)
		$	3,113			$	4,386			$	5,764

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		Year Ended March 31,
		2017				2016				2015
Beginning balance		$	221			$	--			$	--
Increases related to current period tax positions			110				221				--
Ending balance		$	331			$	221			$	--

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 55
-Paragraph 217
-URI http://asc.fasb.org/extlink&oid=96868398&loc=d3e36027-109320

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15A
-URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration