XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues $ 24,865 $ 22,954 $ 50,007 $ 45,627
Cost of revenues 10,288 9,721 20,339 19,723
Gross profit 14,577 13,233 29,668 25,904
Operating expenses:        
Selling 1,804 2,288 3,694 4,967
General and administrative 7,493 6,412 15,093 13,269
Research and development 842 885 1,679 2,038
Estimated legal settlement 3,300 3,300
Total operating expenses 13,439 9,585 23,766 20,274
Operating income 1,138 3,648 5,902 5,630
Other (income) expense, net (168) 542 196 1,221
Earnings before income taxes 1,306 3,106 5,706 4,409
Income tax expense 312 753 482 539
Net income $ 994 $ 2,353 $ 5,224 $ 3,870
Earnings per share:        
Basic (in dollars per share) $ 0.26 $ 0.63 $ 1.36 $ 1.03
Diluted (in dollars per share) $ 0.25 $ 0.60 $ 1.30 $ 0.98
Weighted-average common shares outstanding:        
Basic (in shares) 3,850 3,764 3,833 3,754
Diluted (in shares) 4,046 3,935 4,029 3,934