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Note 7 - Income Taxes
6 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
Note
7
: Income Taxes
 
For the quarters ended
September 30,
201
7
and
2016,
the Company recorded an income tax provision of approximately
$3.9
million and
$2.9
million, respectively, and for the
six
months ended
September 30, 2017
and
2016,
the Company recorded an income tax provision of approximately
$9.3
million and
$6.8
million, respectively. The increases to the income tax provision for the
three
and
six
months ended
September 30, 2017,
are related to an increase in operating income. The effective tax rate for the quarter ended
September 30, 2017
was approximately
30.7%,
compared to
37.1%
for the quarter ended
September 30, 2016.
The effective tax rate for the
six
months ended
September 30, 2017
was approximately
34.1%,
compared to
37.1%
for the
six
months ended
September 30, 2016.
The decrease to the effective tax rate for the
three
and
six
months ended
September 30, 2017
can be related to an
$807,000
income tax benefit related to restricted stock compensation, which was recognized in the
September
quarter.