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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net sales $ 3,621,185 $ 4,588,894 $ 7,720,008 $ 10,419,280
Cost of sales 2,526,085 3,155,893 5,572,384 7,245,692
Gross profit 1,095,100 1,433,001 2,147,624 3,173,588
Selling, general and administrative 751,037 720,341 1,481,502 1,640,100
Income from operations 344,063 712,660 666,122 1,533,488
Other income 4,275 1,456 7,015 1,547
Interest expense (90,249) (100,414) (185,634) (209,196)
Total other expense, net (85,974) (98,958) (178,619) (207,649)
Income before income taxes 258,089 613,702 487,503 1,325,839
Income tax expense 77,374 245,516 142,403 533,151
Net income 180,715 368,186 345,100 792,688
Other comprehensive income (loss), before tax:        
Foreign currency translation adjustments (509) 1,854 (2,420) 2,586
Other comprehensive income (loss), before tax (509) 1,854 (2,420) 2,586
Income tax expense on other comprehensive income 0 746 0 1,042
Other comprehensive income (loss), net of tax (509) 1,108 (2,420) 1,544
Comprehensive income $ 180,206 $ 369,294 $ 342,680 $ 794,232
Net income per share basic $ 0.01 $ 0.01 $ 0.01 $ 0.03
Net income per share diluted $ 0.01 $ 0.01 $ 0.01 $ 0.03
Weighted average number of shares outstanding: Basic 28,824,593 28,824,593 28,824,593 28,824,593
Weighted average number of shares outstanding: Diluted 30,150,485 29,730,456 30,054,055 29,751,219