Note G - Income Taxes

9 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Income Tax Disclosure [Text Block]

NOTE G — INCOME TAXES

The Company’s effective tax rate for the

nine

months ended

December

31,

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

nine

months ended

December

31,

2015

approximated the statutory rate.