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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 4,588,894 $ 3,656,163 $ 10,419,280 $ 8,300,968
Cost of sales 3,155,893 2,182,547 7,245,692 5,291,959
Gross profit 1,433,001 1,473,616 3,173,588 3,009,009
Selling, general and administrative 720,341 739,585 1,640,100 1,627,763
Income from operations 712,660 734,031 1,533,488 1,381,246
Other income 1,456 6,824 1,547 7,575
Interest expense (100,414) (183,268) (209,196) (376,478)
Total other expense, net (98,958) (176,444) (207,649) (368,903)
Income before income taxes 613,702 557,587 1,325,839 1,012,343
Income tax expense 245,516 11,505 533,151 20,958
Net income 368,186 546,082 792,688 991,385
Other comprehensive income (loss), before tax:        
Foreign currency translation adjustments 1,854 (281) 2,586 (1,223)
Other comprehensive income (loss), before tax 1,854 (281) 2,586 (1,223)
Income tax expense on other comprehensive income 746 0 1,042 0
Other comprehensive income (loss), net of tax 1,108 (281) 1,544 (1,223)
Comprehensive income $ 369,294 $ 545,801 $ 794,232 $ 990,162
Net income per share (basic) (in dollars per share) $ 0.01 $ 0.02 $ 0.03 $ 0.04
Net income per share (diluted) (in dollars per share) $ 0.01 $ 0.02 $ 0.03 $ 0.04
Weighted average number of shares outstanding (basic) (in shares) 28,824,593 27,324,593 28,824,593 27,324,593
Weighted average number of shares outstanding (diluted) (in shares) 29,730,456 28,020,795 29,751,219 27,936,098