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Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Mar. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)
 
(In thousands, except per share data)
 
Fiscal 2019
 
 
First
 
Second
 
Third
 
Fourth
Sales
 
$
149,800

 
$
145,324

 
$
128,151

 
$
133,051

Gross profit
 
28,457

 
25,772

 
21,033

 
20,674

Selling, general, and administrative expenses
 
14,979

 
14,941

 
14,312

 
14,886

Operating income
 
13,478

 
10,831

 
6,721

 
5,788

Net income
 
9,123

 
7,409

 
4,130

 
3,771

Basic earnings per share
 
$
0.86

 
$
0.69

 
$
0.39

 
$
0.35

Diluted earnings per share
 
$
0.85

 
$
0.69

 
$
0.39

 
$
0.35

 
 
 
 
 
 
 
 
 
 
 
Fiscal 2018
 
 
First
 
Second
 
Third
 
Fourth
Sales
 
$
133,731

 
$
125,395

 
$
118,053

 
$
126,990

Gross profit
 
25,999

 
24,115

 
18,840

 
17,806

Selling, general, and administrative expenses
 
15,766

 
14,828

 
14,139

 
14,670

Goodwill impairment
 

 

 

 
39,116

Operating income (loss)
 
10,233

 
9,287

 
4,701

 
(35,980
)
Net income (loss)
 
5,831

 
5,210

 
17,143

 
(37,361
)
Basic earnings (loss) per share
 
$
0.55

 
$
0.49

 
$
1.62

 
$
(3.51
)
Diluted earnings (loss) per share
 
$
0.55

 
$
0.49

 
$
1.61

 
$
(3.50
)