Note I - Supplemental Cash Flow Information

6 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

NOTE I — SUPPLEMENTAL CASH FLOW INFORMATION

The Company paid income taxes of approximately

$721,000

and

$8,000

in the

six

months ended

September 30, 2018

and

2017,

respectively. The Company paid interest of

$15,753

in the

six

months ended

September 30, 2018.

The Company paid

no

interest in the

six

months ended

September 

30,

2017.

Noncash financing activities consisted of accrued dividends of

$630,850

 and

$70,094

in the

six

months ended

September 

30,

2018

and

2017,

respectively. In the

six

months ended

September 30, 2017,

there was a noncash transaction of

$246,000

for the transfer of ownership of a life insurance policy from the Company to an officer upon his retirement.