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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data
3 Months Ended6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales:    
Unrelated customers, including licensing fees of $19 and $38 for the three and six-months ended September 30, 2011 and 2010, respectively$ 27,595$ 17,503$ 42,380$ 31,823
Related parties18,44220,63326,55629,644
Sales – expired license044301,226
Revenue, Net46,03738,57968,93662,693
Cost of goods sold:    
Unrelated customers11,4758,22118,13613,990
Related parties9,35810,46413,03514,324
Cost of sales – expired license044301,225
Cost of Goods Sold20,83319,12831,17129,539
Gross margin25,20419,45137,76533,154
Operating expenses:    
Advertising and promotional10,1458,47019,22013,777
Selling and distribution3,1463,1476,3516,309
Royalties3,3213,3845,3445,450
General and administrative, including share-based compensation expense of $64 and $191 for the three and six-months ended September 30, 2011, respectively, and $57 and $165 for the three and six-months ended September 30, 2010, respectively2,4751,9434,6024,086
Depreciation and amortization5375251,1351,182
Total operating expenses19,62417,46936,65230,804
Operating income5,5801,9821,1132,350
Other income (expense):    
Interest income174219
Interest expense and bank charges(204)(212)(412)(212)
Foreign exchange gain (loss)2(2)10
Income before income taxes5,3951,7727232,147
Income tax provision2,050673275816
Net income$ 3,345$ 1,099$ 448$ 1,331
Income per common share:    
Basic$ 0.16$ 0.05$ 0.02$ 0.06
Diluted$ 0.16$ 0.05$ 0.02$ 0.06
Weighted average number of shares outstanding:    
Basic20,765,83120,489,81220,758,03620,482,807
Diluted20,978,94720,641,00320,864,59420,613,603