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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 10,864,011 $ 9,670,418 $ 27,187,618 $ 24,205,239
Cost of sales 10,124,081 6,814,384 22,105,308 16,448,066
Gross profit 739,930 2,856,034 5,082,310 7,757,173
Selling, general and administrative expenses 1,924,095 1,273,748 5,610,744 3,413,102
(Loss) Income from operations (1,184,165) 1,582,286 (528,434) 4,344,071
Other income (expenses):        
Other income 16,373   16,373 62,875
Interest expense (77,547) (103,779) (214,769) (321,796)
Interest income 4,316 1,613 14,723 8,215
Finance costs   (110,931)   (116,110)
Total other (expense) income, net (56,858) (213,097) (183,673) (366,816)
(Loss)Income before taxes (1,241,023) 1,369,189 (712,107) 3,977,255
Income tax (benefit) expense (92,682) 540,063 142,871 1,473,179
Net (loss) income $ (1,148,341) $ 829,126 $ (854,978) $ 2,504,076
Net (loss) income per share of common stock (basic) (in dollars per share) $ (0.07) $ 0.06 $ (0.05) $ 0.18
Net (loss) income per share (fully diluted) (in dollars per share) $ (0.07) $ 0.04 $ (0.05) $ 0.12
Weighted average number of shares outstanding (basic) (in shares) 17,072,721 14,283,346 16,364,844 14,248,601
Weighted average number of shares outstanding (fully diluted) (in shares) 17,072,721 21,646,768 16,364,844 21,071,813