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Note 17 - Quarterly Results (Unaudited)
 12 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Note
17
.
Quarterly Results (unaudited)
 
Quarterly financial information for the years ended
March 31, 2020
and 
2019
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):
 
2020
  
First Quarter
    
Second Quarter
    
Third Quarter
    
Fourth Quarter
  
Revenues
   $
26,288
     $
25,536
     $
31,655
     $
34,208
  
Gross profit
    
16,139
      
15,476
      
14,677
      
18,641
  
Net income (loss)
    
4,597
      
3,062
      
(4,630
 )    
(1,680
 )
Basic earnings (loss) per share
   $
1.18
     $
0.74
     $
(1.06
 )   $
(0.38
 )
Diluted earnings (loss) per share
    
1.13
      
0.71
      
(1.06
 )    
(0.37
 )
 
 
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