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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (Loss) Income $ (854,978) $ 2,504,076
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 370,289 275,006
Gain on sale of equipment   (62,875)
Write-off deferred loan costs   68,188
Share based compensation 372,385 120,399
Deferred income taxes 91,188 122,940
Changes in operating assets and liabilities:    
Accounts receivable 40,998 (419,253)
Inventory - raw materials 437,494 106,252
Costs incurred on uncompleted contracts, in excess of progress billings (2,414,331) (2,625,927)
Other current assets (226,468) 237,508
Prepaid taxes (869,047)  
Other noncurrent assets (224,376)  
Accounts payable 218,335 1,172,670
Accrued expenses 381,942 (183,866)
Accrued taxes 157,703 243,279
Deferred revenues (228,074) 727,961
Net cash (used in) provided by operating activities (2,746,940) 2,286,358
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of equipment   60,000
Purchases of property, plant and equipment (2,342,542) (130,554)
Building and equipment under construction   (650,498)
Net cash used in investing activities (2,342,542) (721,052)
CASH FLOWS FROM FINANCING ACTIVITIES    
Capital distribution to WM Realty partners   (1,326,162)
Proceeds from exercised stock options 35,511 15,501
Tax (expense) benefit from share-based compensation (1,030) 9,835
Deferred loan costs   (171,212)
Borrowings of long-term debt 1,699,397 4,321,544
Repayments of long-term debt, including capital leases (1,111,239) (4,260,526)
Net cash provided by financing activities 622,639 (1,411,020)
Effect of exchange rate on cash and cash equivalents 11,913  
Net (decrease) increase in cash and cash equivalents (4,454,930) 154,286
Cash and cash equivalents, beginning of period 7,541,000 8,774,223
Cash and cash equivalents, end of period 3,086,070 8,928,509
Cash paid during the period for    
Interest expense 246,938 321,796
Income taxes 764,306 878,754
SUPPLEMENTAL INFORMATION - NONCASH TRANSACTIONS:    
Placed equipment into service which was under construction 2,172,420 887,279
Liability recorded for Fair value of an interest rate swap contract in connection with a tax exempt bond $ 243,844