Note M - Supplemental Cash Flow Information

6 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Cash Flow, Supplemental Disclosures [Text Block]

NOTE M — SUPPLEMENTAL CASH FLOW INFORMATION

The Company paid interest of approximately

$12,000

during the

six

months ended

September 30, 2020

and did

not

pay any interest during the

six

months ended

September 30, 2019

. The Company paid income taxes of approximately

$10,000

and

$245,000

during the

six

month periods ended

September 30, 2020

 and 

September 30, 2019

, respectively. In the

six

months ended

September 30, 2019,

there were noncash transactions totaling approximately

$121,000

for the transfer of ownership of life insurance policies from the Company to officers upon their retirement.