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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Sales $ 96,204 $ 79,988
Cost of sales 69,419 58,127
Gross profit 26,785 21,861
Operating expenses:    
General and administrative 7,754 6,508
Advertising 9,033 8,624
Depreciation 562 568
Total operating expenses 17,349 15,700
Income from operations 9,436 6,161
Other income:    
Interest income, net 90 567
Other, net 255 257
Total other income 345 824
Income before provision for income taxes 9,781 6,985
Provision for income taxes 2,013 1,642
Net income $ 7,768 $ 5,343
Net income per common share:    
Basic (in dollars per share) $ 0.39 $ 0.26
Diluted (in dollars per share) $ 0.39 $ 0.26
Weighted average number of common shares outstanding:    
Basic (in shares) 19,984 20,235
Diluted (in shares) 20,042 20,245
Cash dividends declared per common share (in dollars per share) $ 0.28 $ 0.27