Note G - Income Taxes

6 Months Ended

Sep. 30, 2016

Notes to Financial Statements

Income Tax Disclosure [Text Block]

NOTE G — INCOME TAXES

The Company’s effective tax rate for the six months ended September 30, 2016 differed from the statutory rate due primarily to state income tax benefits resulting from the loss before taxes. The Company’s effective tax rate for the six months ended September 30, 2015 approximated the statutory rate.