XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Net sales $ 23,552,636us-gaap_SalesRevenueGoodsNet $ 28,274,696us-gaap_SalesRevenueGoodsNet $ 83,001,633us-gaap_SalesRevenueGoodsNet $ 84,167,208us-gaap_SalesRevenueGoodsNet
Costs and expenses        
Costs of goods sold 22,293,839us-gaap_CostOfGoodsSold 26,427,918us-gaap_CostOfGoodsSold 78,279,846us-gaap_CostOfGoodsSold 78,798,672us-gaap_CostOfGoodsSold
General, selling and administrative costs 976,330us-gaap_SellingGeneralAndAdministrativeExpense 1,121,986us-gaap_SellingGeneralAndAdministrativeExpense 3,407,757us-gaap_SellingGeneralAndAdministrativeExpense 3,472,545us-gaap_SellingGeneralAndAdministrativeExpense
Costs and Expenses, Total 23,270,169us-gaap_CostsAndExpenses 27,549,904us-gaap_CostsAndExpenses 81,687,603us-gaap_CostsAndExpenses 82,271,217us-gaap_CostsAndExpenses
Interest and other income (15,250)us-gaap_InterestAndOtherIncome (15,501)us-gaap_InterestAndOtherIncome (45,784)us-gaap_InterestAndOtherIncome (46,508)us-gaap_InterestAndOtherIncome
Earnings before income taxes 297,717us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 740,293us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,359,814us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,942,499us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for (benefit from) income taxes:        
Current 137,591us-gaap_CurrentIncomeTaxExpenseBenefit 275,970us-gaap_CurrentIncomeTaxExpenseBenefit 617,247us-gaap_CurrentIncomeTaxExpenseBenefit 768,149us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred (27,517)us-gaap_DeferredIncomeTaxExpenseBenefit (23,145)us-gaap_DeferredIncomeTaxExpenseBenefit (92,482)us-gaap_DeferredIncomeTaxExpenseBenefit (149,136)us-gaap_DeferredIncomeTaxExpenseBenefit
Income Tax Expense (Benefit), Total 110,074us-gaap_IncomeTaxExpenseBenefit 252,825us-gaap_IncomeTaxExpenseBenefit 524,765us-gaap_IncomeTaxExpenseBenefit 619,013us-gaap_IncomeTaxExpenseBenefit
Net earnings $ 187,643us-gaap_NetIncomeLoss $ 487,468us-gaap_NetIncomeLoss $ 835,049us-gaap_NetIncomeLoss $ 1,323,486us-gaap_NetIncomeLoss
Weighted average number of common shares outstanding:        
Basic 6,799,444us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 6,799,444us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 6,799,444us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 6,799,444us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 6,799,444us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 6,799,444us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 6,799,444us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 6,799,444us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Net earnings per share:        
Basic $ 0.03us-gaap_EarningsPerShareBasic $ 0.07us-gaap_EarningsPerShareBasic $ 0.12us-gaap_EarningsPerShareBasic $ 0.19us-gaap_EarningsPerShareBasic
Diluted $ 0.03us-gaap_EarningsPerShareDiluted $ 0.07us-gaap_EarningsPerShareDiluted $ 0.12us-gaap_EarningsPerShareDiluted $ 0.19us-gaap_EarningsPerShareDiluted
Cash dividends declared per common share $ 0.02us-gaap_CommonStockDividendsPerShareDeclared $ 0.02us-gaap_CommonStockDividendsPerShareDeclared $ 0.06us-gaap_CommonStockDividendsPerShareDeclared $ 0.18us-gaap_CommonStockDividendsPerShareDeclared