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SELECTED QUARTERLY INFORMATION (UNAUDITED) (Tables)
 12 Months Ended
Mar. 31, 2017
SELECTED QUARTERLY INFORMATION (UNAUDITED)  
Schedule of unaudited quarterly data
 
 
First
 
Second
 
Third
 
Fourth
 
(in thousands, except for per share data)
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Year ended March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
$
4,644
 
$
3,656
 
$
5,319
 
$
4,931
 
Gross Profit
 
$
1,535
 
$
1,474
 
$
2,052
 
$
1,035
 
Net Income
 
$
445
 
$
546
 
$
992
 
$
3,097
 
Basic Income per share
 
$
0.02
 
$
0.02
 
$
0.03
 
$
0.11
 
Diluted Income per share
 
$
0.02
 
$
0.02
 
$
0.03
 
$
0.11
 
Year ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
$
4,374
 
$
4,103
 
$
3,507
 
$
4,869
 
Gross Profit
 
$
1,283
 
$
1,408
 
$
1,072
 
$
1,731
 
Net Income
 
$
206
 
$
255
 
$
12
 
$
885
 
Basic Income per share
 
$
0.01
 
$
0.01
 
$
0.00
 
$
0.03
 
Diluted Income per share
 
$
0.01
 
$
0.01
 
$
0.00
 
$
0.03