XML 15 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Consolidated Statements of Operations (Unaudited) [Abstract]        
Net sales $ 112,595,000 $ 94,022,000 $ 306,843,000 $ 271,527,000
Cost of goods sold 80,225,000 65,123,000 223,424,000 194,817,000
Gross profit 32,370,000 28,899,000 83,419,000 76,710,000
Operating expenses:        
General and administrative 7,952,000 8,802,000 21,446,000 38,381,000
Sales and marketing 3,234,000 2,671,000 8,575,000 7,583,000
Research and development 1,039,000 711,000 2,813,000 2,093,000
Total operating expenses 12,225,000 12,184,000 32,834,000 48,057,000
Operating income 20,145,000 16,715,000 50,585,000 28,653,000
Interest expense, net 3,357,000 2,516,000 9,365,000 13,566,000
Income before income tax expense 16,788,000 14,199,000 41,220,000 15,087,000
Income tax expense 5,678,000 6,451,000 13,459,000 6,821,000
Net income $ 11,110,000 $ 7,748,000 $ 27,761,000 $ 8,266,000
Basic net income per share (in dollars per share) $ 0.59 $ 0.42 $ 1.49 $ 0.45
Diluted net income per share (in dollars per share) $ 0.57 $ 0.41 $ 1.43 $ 0.44
Weighted average number of shares outstanding:        
Basic (in shares) 18,675,125 18,319,531 18,587,946 18,180,039
Diluted (in shares) 19,441,265 19,095,704 19,399,857 18,981,421