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Note 18 - Income Taxes - Difference in Income Tax Provision (Details) - USD ($)
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Expected Federal income tax expense U.S. statutory rate $ 818,000 $ (1,434,000)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 30.79% 34.00%
State income taxes, net of Federal benefit $ 129,000 $ 40,000
State income taxes, net of Federal benefit, percentage 4.90% (0.90%)
Permanent differences, other $ 21,000 $ 156,000
Permanent differences, other, percentage 0.80% (3.70%)
Dividend received deduction $ (302,000)
Dividend Received Deduction, percentage 0.00% 7.20%
Section 831(b) benefit $ (320,000) $ (281,000)
Section 831(b) benefit, percentage (12.10%) 6.70%
Change in valuation allowance $ (1,116,000) $ 3,868,000
Change in valuation allowance, percentage (42.10%) (91.80%)
Domestic production activities deductions $ (15,000) $ (64,000)
Domestic production activities deductions, percentage (0.60%) 1.50%
Income attributable to minority interest - Contrail Aviation $ (79,000) $ (45,000)
Income Attributable to Minority Interest - Contrail Aviation, percentage (3.00%) 1.10%
Bargain purchase gain $ (155,000)
Bargain purchase gain, percentag (5.80%) 0.00%
Tax rate change applied to deferreds $ 2,297,000
Tax rate change applied to deferreds, percentag 86.60% 0.00%
Deferred benefit for outside basis difference recorded on Delphax CFC's $ (811,000) $ (1,015,000)
Deferred benefit for outside basis difference recorded on Delphax CFC's, percentage, percentag (30.60%) 24.10%
Deferred benefit for increase in Canadian tax credits for Dephax $ (149,000)
Deferred benefit for increase in Canadian tax credits for Dephax, percentag (5.60%)
Recognition of AMT credit as tax receivable $ (311,000)
Recognition of AMT credit as tax receivable, percentag (11.70%) 0.00%
Deferred state income taxes, net of Federal benefit for Delphax $ (102,000)
Deferred state income taxes, net of Federal benefit for Delphax, percentage 0.00% 2.40%
Other differences, net $ (114,000) $ (96,000)
Other differences, net, percentage (4.30%) 2.30%
Total $ 195,000 $ 725,000
Income tax expense, percentage 7.30% (17.10%)