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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Cumulative Transaction Adjustment
Treasury Stock
Total
Balance at Mar. 31, 2011 $ 8,590 $ 14,302,693 $ (9,993,989)    $ (27,511) $ 4,289,783
Balance (in shares) at Mar. 31, 2011 8,590,315          
Exercise of stock options (in shares)             
Issuance of restricted stock 251 (251)        
Issuance of restricted stock (in shares) 250,500          
Forfeiture of restricted stock (20) 20        
Forfeiture of restricted stock (in shares) (20,000)          
Compensation cost recognized in connection with vested restricted stock   266,580       266,580
Compensation cost recognized in connection with stock options   177,696       177,696
Purchase of treasury stock         (13,599) (13,599)
Accretion on redeemable preferred stock     (566,262)     (566,262)
Net income     5,399,410     5,399,410
Balance at Mar. 31, 2012 8,821 14,746,738 (5,160,841)    (41,110) 9,553,608
Balance (in shares) at Mar. 31, 2012 8,820,815         8,765,827
Exercise of stock options 144 61,964       62,108
Exercise of stock options (in shares) 144,437         (144,437)
Issuance of restricted stock 160 (160)        
Issuance of restricted stock (in shares) 160,000          
Forfeiture of restricted stock (58) 58        
Forfeiture of restricted stock (in shares) (58,500)          
Compensation cost recognized in connection with vested restricted stock   280,009       280,009
Compensation cost recognized in connection with stock options   162,106       162,106
Purchase of treasury stock         (460,596) (460,596)
Accretion on redeemable preferred stock     (563,535)     (563,535)
Exchange rate change       (71,770)   (71,770)
Net income     1,214,914     1,214,914
Balance at Mar. 31, 2013 $ 9,067 $ 15,250,715 $ (4,509,462) $ (71,770) $ (501,706) $ 10,176,844
Balance (in shares) at Mar. 31, 2013 9,066,752         8,641,448