XML 15 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Consolidated Statements of Income (Unaudited) [Abstract]        
Net sales $ 94,022,000 $ 83,992,000 $ 271,527,000 $ 217,807,000
Cost of goods sold 65,123,000 59,564,000 194,817,000 157,143,000
Gross profit 28,899,000 24,428,000 76,710,000 60,664,000
Operating expenses:        
General and administrative 8,802,000 12,628,000 38,381,000 27,832,000
Sales and marketing 2,671,000 2,281,000 7,583,000 5,944,000
Research and development 711,000 601,000 2,093,000 1,662,000
Total operating expenses 12,184,000 15,510,000 48,057,000 35,438,000
Operating income 16,715,000 8,918,000 28,653,000 25,226,000
Interest expense, net 2,516,000 3,165,000 13,566,000 9,917,000
Income before income tax expense 14,199,000 5,753,000 15,087,000 15,309,000
Income tax expense 6,451,000 2,826,000 6,821,000 6,958,000
Net income $ 7,748,000 $ 2,927,000 $ 8,266,000 $ 8,351,000
Basic net income per share (in dollars per share) $ 0.42 $ 0.16 $ 0.45 $ 0.51
Diluted net income per share (in dollars per share) $ 0.41 $ 0.16 $ 0.44 $ 0.49
Weighted average number of shares outstanding:        
Basic (in shares) 18,319,531 17,921,682 18,180,039 16,331,168
Diluted (in shares) 19,095,704 18,822,664 18,981,421 17,206,069