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Note 10 - Stock Repurchase Program
12 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Stock Repurchase Plan Disclosure [Text Block]
NOTE
10.
STOCK REPURCHASE PROGRAM

     Our authorized stock is stated as
six
million shares of common stock,
$0.01
par value, and
ten
million shares of all types. Our Board
may
designate any series and fix any relative rights and preferences to authorized but undesignated stock.

     We repurchased
$1,695,788
of our Common Stock in fiscal
2016,
and
none
in fiscal
2017
or fiscal
2015.
The repurchases were under a program announced
January
 
21,
2009
authorizing the repurchase of up to
$2,500,000
of our Common Stock and an additional
$5,000,000
announced
August
 
27,
2015.
The remaining authorization was
$4,540,806
as of
March
 
31,
 
2017.
The Repurchase Program
may
be modified or discontinued at any time without notice.