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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sales $ 67,386 $ 75,436 $ 146,698 $ 171,640
Cost of sales 48,212 52,418 105,744 121,837
Gross profit 19,174 23,018 40,954 49,803
Operating expenses:        
General and administrative 6,958 6,809 14,999 14,563
Advertising 3,435 5,131 11,108 14,164
Depreciation 694 607 1,341 1,169
Total operating expenses 11,087 12,547 27,448 29,896
Income from operations 8,087 10,471 13,506 19,907
Other income:        
Interest income, net 74 66 159 156
Other, net 170 338 454 593
Total other income 244 404 613 749
Income before provision for income taxes 8,331 10,875 14,119 20,656
Provision for income taxes 1,982 2,463 3,342 4,476
Net income $ 6,349 $ 8,412 $ 10,777 $ 16,180
Net income per common share:        
Basic (in dollars per share) $ 0.31 $ 0.42 $ 0.53 $ 0.81
Diluted (in dollars per share) $ 0.31 $ 0.42 $ 0.53 $ 0.81
Weighted average number of common shares outstanding used in basic computation (in shares) 20,178 20,063 20,144 20,024
Diluted (in shares) 20,568 20,154 20,384 20,098
Cash dividends declared per common share (in dollars per share) $ 0.30 $ 0.28 $ 0.60 $ 0.56