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Note 15 - Quarterly Results (Unaudited)
12 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Note
15
.
Quarterly Results (unaudited)
 
Quarterly financial information for the years ended
March 31, 2019
and
2018
is summarized as follows (earnings 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):
 
2019
 
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
 
Revenues
  $
25,142
    $
24,865
    $
26,682
    $
26,446
 
Gross profit
   
15,091
     
14,577
     
15,634
     
15,614
 
Net income
   
4,230
     
994
     
858
     
1,402
 
Basic earnings per share
  $
1.11
    $
0.26
    $
0.22
    $
0.36
 
Diluted earnings per share
   
1.06
     
0.25
     
0.21
     
0.34
 
 
2018
 
First
Quarter
   
Second
Quarter
   
Third
Quarter
   
Fourth
Quarter
 
Revenues
  $
22,673
    $
22,954
    $
23,671
    $
26,881
 
Gross profit
   
12,671
     
13,233
     
12,681
     
16,034
 
Net income (loss)
   
1,517
     
2,353
     
(11,086
)    
4,254
 
Basic earnings (loss) per share
  $
0.41
    $
0.63
    $
(2.93
)   $
1.12
 
Diluted earnings (loss) per share
   
0.39
     
0.60
     
(2.93
)    
1.08