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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]        
Revenue $ 37,175 $ 35,820 $ 108,534 $ 104,117
Cost of revenue 19,323 18,293 55,130 53,340
Gross profit 17,852 17,527 53,404 50,777
Operating expenses        
Research and development expenses 4,712 4,850 14,639 14,381
Selling, general and administrative expenses 10,027 10,303 31,729 29,484
Total operating expenses 14,739 15,153 46,368 43,865
Income from operations 3,113 2,374 7,036 6,912
Interest income 141 7 491 32
Interest expense (79) (114) (269) (342)
Other income (expenses), net 138 (57) 578 553
Gain on reversal of accrued contingent liability 1,359 1,359 835
Income before provision for income taxes 4,672 2,210 9,195 7,990
Provision for income taxes 797 483 3,130 2,543
Net Income $ 3,875 $ 1,727 $ 6,065 $ 5,447
Earnings per share:        
Basic $ 0.09 $ 0.05 $ 0.14 $ 0.15
Diluted $ 0.09 $ 0.04 $ 0.14 $ 0.14
Weighted average number of common shares outstanding        
Basic 43,102,144 36,664,718 42,992,839 36,633,300
Diluted 45,294,983 38,725,682 45,167,708 38,814,422