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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Sales $ 75,436 $ 69,936 $ 171,640 $ 149,924
Cost of sales 52,418 49,934 121,837 108,061
Gross profit 23,018 20,002 49,803 41,863
Operating expenses:        
General and administrative 6,809 6,303 14,563 12,811
Advertising 5,131 4,756 14,164 13,380
Depreciation 607 572 1,169 1,140
Total operating expenses 12,547 11,631 29,896 27,331
Income from operations 10,471 8,371 19,907 14,532
Other income:        
Interest income, net 66 459 156 1,026
Other, net 338 304 593 561
Total other income 404 763 749 1,587
Income before provision for income taxes 10,875 9,134 20,656 16,119
Provision for income taxes 2,463 2,469 4,476 4,111
Net income $ 8,412 $ 6,665 $ 16,180 $ 12,008
Net income per common share:        
Basic (in dollars per share) $ 0.42 $ 0.33 $ 0.81 $ 0.60
Diluted (in dollars per share) $ 0.42 $ 0.33 $ 0.81 $ 0.60
Basic (in shares) 20,063 19,963 20,024 20,098
Diluted (in shares) 20,154 19,973 20,098 20,109
Cash dividends declared per common share (in dollars per share) $ 0.28 $ 0.27 $ 0.56 $ 0.54