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Note 17 - Income Taxes - Difference in Income Tax Provision (Details) - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Expected Federal income tax expense U.S. statutory rate $ 2,092,000 $ 1,161,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 34.00% 34.00%
State income taxes, net of Federal benefit $ 169,000 $ 67,000
State income taxes, net of Federal benefit, percentage 2.70% 2.00%
Permanent differences, other $ 47,000 $ 42,000
Permanent differences, other, percentage 0.80% 1.20%
Section 831(b) benefit $ (316,000) $ (364,000)
Section 831(b) benefit, percentage (5.10%) (10.60%)
Change in valuation allowance $ 557,000
Change in valuation allowance, percentage 9.00%
Domestic production activities deductions $ (193,000) $ (107,000)
Domestic production activities deductions, percentage (3.10%) (3.10%)
Other differences, net $ 39,000 $ 132,000
Other differences, net, percentage 0.60% 3.80%
Total $ 2,395,452 $ 931,000
Income tax expense, percentage 38.90% 27.30%