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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Revenues $ 23,843,000 $ 19,913,000 $ 69,366,000 $ 59,847,000
Cost of revenues 10,306,000 7,704,000 30,091,000 23,430,000
Gross profit 13,537,000 12,209,000 39,275,000 36,417,000
Operating expenses        
Selling 2,409,000 1,517,000 7,527,000 5,604,000
General and administrative 5,881,000 5,885,000 17,834,000 17,404,000
Research and development 861,000 975,000 2,941,000 2,929,000
Total operating expenses 9,151,000 8,377,000 28,302,000 25,937,000
Operating income 4,386,000 3,832,000 10,973,000 10,480,000
Other expense, net 506,000 381,000 1,712,000 710,000
Earnings before income taxes 3,880,000 3,451,000 9,261,000 9,770,000
Income taxes 628,000 854,000 1,721,000 2,592,000
Net income $ 3,252,000 $ 2,597,000 $ 7,540,000 $ 7,178,000
Net income per share:        
Basic (in dollars per share) $ 0.88 $ 0.72 $ 2.06 $ 2
Diluted (in dollars per share) $ 0.84 $ 0.69 $ 1.97 $ 1.91
Weighted average common shares outstanding:        
Weighted average outstanding shares of common stock (in shares) 3,688 3,614 3,668 3,596
Diluted (in shares) 3,868 3,786 3,835 3,758