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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 25,142 $ 22,673
Cost of revenues 10,051 10,002
Gross profit 15,091 12,671
Operating expenses:    
Selling 1,890 2,679
General and administrative 7,600 6,857
Research and development 837 1,153
Total operating expenses 10,327 10,689
Operating income 4,764 1,982
Other expense, net 364 679
Earnings before income taxes 4,400 1,303
Income tax expense (benefit) 170 (214)
Net income $ 4,230 $ 1,517
Earnings per share:    
Basic (in dollars per share) $ 1.11 $ 0.41
Diluted (in dollars per share) $ 1.06 $ 0.39
Weighted-average common shares outstanding:    
Basic (in shares) 3,816 3,736
Diluted (in shares) 4,006 3,923