|
Consolidated Statements of Operations (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
|
Jun. 30, 2012
|
Jun. 30, 2011
|
| Consolidated Statements of Operations (unaudited) [Abstract] |
|
|
| NET REVENUES |
$ 23,269 |
$ 23,286 |
| COST OF SALES |
17,609 |
17,795 |
| Gross profit |
5,660 |
5,491 |
| SELLING, GENERAL AND ADMINISTRATIVE EXPENSES: |
|
|
| Selling expenses |
1,632 |
2,477 |
| General and administrative expenses |
3,182 |
3,929 |
| Total selling, general and administrative expenses |
4,814 |
6,406 |
| INCOME (LOSS) FROM OPERATIONS |
846 |
(915) |
| OTHER EXPENSE (INCOME): |
|
|
| Interest expense, net |
198 |
393 |
| Change in fair value of noncontrolling interest liability |
21 |
(173) |
| Other expense |
165 |
9 |
| Total other expense |
384 |
229 |
| INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES |
462 |
(1,144) |
| PROVISION (BENEFIT) FOR INCOME TAXES |
77 |
(116) |
| NET INCOME (LOSS) |
385 |
(1,028) |
| Dividend on Series B preferred stock |
880 |
791 |
| NET LOSS APPLICABLE TO COMMON SHAREHOLDERS |
$ (495) |
$ (1,819) |
| NET LOSS PER COMMON SHARE [Abstract] |
|
|
| Net loss per common share - basic and diluted (in dollars per share) |
$ 0 |
$ (0.01) |
| WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING: |
|
|
| Basic and diluted (in shares) |
256,402 |
255,602 |