Note 17 - Quarterly Results (unaudited)
 12 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Note
1
7
.
Quarterly Results (unaudited)
 
Quarterly financial information for the years ended
March 31, 2017,
2016
and
2015
is summarized as follows (net income per share per quarter will
not
add up to reported annual earnings per share due to differences in average outstanding shares as reported on a quarterly basis) (in thousands, except per share data):
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
2017
 
Quarter
 
 
Quarter
 
 
Quarter
 
 
Quarter
 
Revenues
   $
21,114
     $
24,409
     $
23,843
    $
24,299
 
Gross profit
    
12,014
      
13,724
      
13,537
      
13,964
  
Net income
    
1,930
      
2,358
      
3,252
      
3,643
  
Net Income per share – basic
   $
0.53
     $
0.64
     $
0.88
     $
0.98
 
Net Income per share – diluted
    
0.51
      
0.62
      
0.84
      
0.94
  
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
201
6
 
Quarter
 
 
Quarter
 
 
Quarter
 
 
Quarter
 
Revenues
   $
18,158
     $
21,776
    $
19,913
    $
24,812
 
Gross profit
    
11,141
      
13,067
      
12,209
      
14,996
  
Net income
    
2,755
      
1,826
      
2,597
      
3,991
  
Net Income per share – basic
   $
0.77
     $
0.51
     $
0.72
     $
1.10
 
Net Income per share – diluted
    
0.74
      
0.48
      
0.69
      
1.06
  
 
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
201
5
 
Quarter
 
 
Quarter
 
 
Quarter
 
 
Quarter
 
Revenues
   $
16,400
     $
18,540
    $
17,830
    $
18,560
 
Gross profit
    
9,705
      
11,123
      
11,052
      
11,512
  
Net income
    
1,881
      
3,060
      
2,403
      
2,239
  
Net Income per share – basic
   $
0.54
    $
0.87
    $
0.68
    $
0.63
 
Net Income per share – diluted
    
0.51
      
0.84
      
0.66
      
0.61