The effect of the above corrections on the consolidated statement of operations for the fiscal year ended March 31, 2018 is as follows:

	Year Ended March 31, 2018
Revised Consolidated Statement of Operations Amounts:	As Previously Reported		Adjustment			As Revised
Net sales	$	428,072,000	$	(1,081,000	)	$	426,991,000
Cost of goods sold		322,199,000		(1,750,000	)		320,449,000
Gross profit		105,873,000		669,000			106,542,000
Operating expenses:
General and administrative		35,527,000		(50,000	)		35,477,000
Sales and marketing		15,030,000		-			15,030,000
Research and development		5,692,000		-			5,692,000
Total operating expenses		56,249,000		(50,000	)		56,199,000
Operating income		49,624,000		719,000			50,343,000
Interest expense, net		15,445,000		-			15,445,000
Income before income tax expense		34,179,000		719,000			34,898,000
Income tax expense		17,863,000		(1,791,000	)		16,072,000
Net income	$	16,316,000	$	2,510,000		$	18,826,000
Basic net income per share	$	0.87	$	0.13		$	1.00
Diluted net income per share	$	0.84	$	0.13		$	0.96

The effect of the above corrections on the consolidated statement of operations for the fiscal year ended March 31, 2017 is as follows:

	Year Ended March 31, 2017
Revised Consolidated Statement of Operations Amounts:	As Previously Reported		Adjustment			As Revised
Net sales	$	421,253,000	$	1,629,000		$	422,882,000
Cost of goods sold		306,207,000		(281,000	)		305,926,000
Gross profit		115,046,000		1,910,000			116,956,000
Operating expenses:
General and administrative		31,124,000		1,000			31,125,000
Sales and marketing		12,126,000		-			12,126,000
Research and development		3,824,000		-			3,824,000
Total operating expenses		47,074,000		1,000			47,075,000
Operating income		67,972,000		1,909,000			69,881,000
Interest expense, net		13,094,000		-			13,094,000
Income before income tax expense		54,878,000		1,909,000			56,787,000
Income tax expense		17,305,000		706,000			18,011,000
Net income	$	37,573,000	$	1,203,000		$	38,776,000
Basic net income per share	$	2.02	$	0.06		$	2.08
Diluted net income per share	$	1.93	$	0.06		$	2.00

The effect of the above corrections on the consolidated statement of comprehensive income for the fiscal year ended March 31, 2018 is as follows:

	Year Ended March 31, 2018
Revised Consolidated Statement of Comprehensive Income Amounts:	As Previously Reported		Adjustment		As Revised
Net income	$	16,316,000	$	2,510,000	$	18,826,000
Comprehensive income	$	18,329,000	$	2,510,000	$	20,839,000

The effect of the above corrections on the consolidated statement of comprehensive income for the fiscal year ended March 31, 2017 is as follows:

	Year Ended March 31, 2017
Revised Consolidated Statement of Comprehensive Income Amounts:	As Previously Reported		Adjustment		As Revised
Net income	$	37,573,000	$	1,203,000	$	38,776,000
Comprehensive income	$	34,984,000	$	1,203,000	$	36,187,000

The effect of the above corrections on the consolidated balance sheet at March 31, 2018 is as follows:

	March 31, 2018
Revised Consolidated Balance Sheet Amounts:	As Previously Reported		Adjustment			As Revised
ASSETS
Income tax receivable	$	7,796,000	$	176,000		$	7,972,000
Prepaid expenses and other current assets		11,491,000		3,613,000			15,104,000
Long-term core inventory — net		301,656,000		(3,362,000	)		298,294,000
Long-term deferred income taxes		10,556,000		(3,619,000	)		6,937,000
Other assets		7,392,000		14,603,000			21,995,000
TOTAL ASSETS	$	494,497,000	$	11,411,000		$	505,908,000
LIABILITIES AND SHAREHOLDERS' EQUITY
Accrued liabilities	$	11,799,000	$	249,000		$	12,048,000
TOTAL LIABILITIES	$	219,521,000	$	249,000		$	219,770,000
Retained earnings	$	66,606,000	$	11,162,000		$	77,768,000
TOTAL SHAREHOLDERS' EQUITY	$	274,976,000	$	11,162,000		$	286,138,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	494,497,000	$	11,411,000		$	505,908,000

The effect of the above corrections on the consolidated statement of shareholders’ equity for the fiscal year ended March 31, 2018 is as follows:

	Year Ended March 31, 2018
Revised Consolidated Statement of Shareholders' Equity Amounts:	As Previously Reported		Adjustment		As Revised
Retained earnings at March 31, 2017	$	50,290,000	$	8,652,000	$	58,942,000
Net income		16,316,000		2,510,000		18,826,000
Retained earnings at March 31, 2018	$	66,606,000	$	11,162,000	$	77,768,000

The effect of the above corrections on the consolidated statement of shareholders’ equity for the fiscal year ended March 31, 2017 is as follows:

	Year Ended March 31, 2017
Revised Consolidated Statement of Shareholders' Equity Amounts:	As Previously Reported		Adjustment		As Revised
Retained earnings at March 31, 2016	$	11,825,000	$	7,449,000	$	19,274,000
Cumulative effect adjustment		892,000		-		892,000
Net income		37,573,000		1,203,000		38,776,000
Retained earnings at March 31, 2017	$	50,290,000	$	8,652,000	$	58,942,000

The effect of the above corrections on the consolidated statement of cash flows for the fiscal year ended March 31, 2018 is as follows:

	Year Ended March 31, 2018
Revised Consolidated Statement of Cash Flow from Operating Activities Amounts:	As Previously Reported			Adjustment			As Revised
Net income	$	16,316,000		$	2,510,000		$	18,826,000
Adjustments to reconcile net income to net cash used in operating activities:
Deferred income taxes		3,055,000			(1,560,000	)		1,495,000
Income tax receivable		(6,081,000	)		(231,000	)		(6,312,000	)
Prepaid expenses and other current assets		(2,507,000	)		(318,000	)		(2,825,000	)
Other assets		(384,000	)		788,000			404,000
Accounts payable and accrued liabilities		(11,621,000	)		(50,000	)		(11,671,000	)
Long-term core inventory		(45,839,000	)		(1,139,000	)		(46,978,000	)
Net cash used in operating activities		(13,944,000	)		-			(13,944,000	)

The effect of the above corrections on the consolidated statement of cash flows for the fiscal year ended March 31, 2017 is as follows:

	Year Ended March 31, 2017
Revised Consolidated Statement of Cash Flow from Operating Activities Amounts:	As Previously Reported			Adjustment			As Revised
Net income	$	37,573,000		$	1,203,000		$	38,776,000
Deferred income taxes		6,510,000			355,000			6,865,000
Prepaid expenses and other current assets		(4,333,000	)		(549,000	)		(4,882,000	)
Other assets		(3,339,000	)		(1,025,000	)		(4,364,000	)
Accounts payable and accrued liabilities		12,446,000			1,000			12,447,000
Long-term core inventory		(24,964,000	)		(281,000	)		(25,245,000	)
Other liabilities		(1,344,000	)		296,000			(1,048,000	)
Net cash used in operating activities	$	(5,269,000	)	$	-		$	(5,269,000	)