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Summary of Quarterly Results of Operations (Unaudited)
12 Months Ended
Mar. 31, 2013
Summary of Quarterly Results of Operations (Unaudited)

8. SUMMARY OF QUARTERLY RESULTS OF OPERATIONS (Unaudited)

The following is a summary of unaudited quarterly results of operations for the years ended March 31, 2013 and 2012:

 

     Quarter Ended  
     June 30,
2012
     September 30,
2012
     December 31,
2012
     March 31,
2013
 

Net sales

   $ 39,434,770       $ 33,334,070       $ 31,719,922       $ 31,960,024   

Gross profit

     4,647,758         3,776,798         2,884,278         3,092,650   

Net earnings

     2,091,854         1,644,329         1,150,058         1,249,571   

Basic

     .31         .24         .17         .18   

Diluted

     .31         .24         .17         .18   

 

     Quarter Ended  
     June 30,
2011
     September 30,
2011
     December 31,
2011
     March 31,
2012
 

Net sales

   $ 38,935,456       $ 42,039,282       $ 36,987,260       $ 43,559,995   

Gross profit

     4,156,825         4,886,403         3,932,881         4,630,364   

Net earnings

     1,831,411         2,314,908         1,799,249         2,204,896   

Basic(1)

     .27         .34         .26         .32   

Diluted(1)

     .27         .34         .26         .32   

 

(1) The sum of the quarterly earnings per share does not equal the annual amount reported because per share amounts were computed independently for each quarter.