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Note 7 - Income Taxes - Reconciliation of Income Tax Rate (Details)
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Computed (expected tax rate) 31.50% 35.00% 35.00%
State income taxes (net of federal tax benefit) 3.10% 3.90% 2.70%
State tax credits 2.40% (2.00%) (0.90%)
Federal credits 3.10% (1.30%) (0.30%)
Manufacturer’s deduction (1.30%) (3.70%)
(Reversal of) addition to uncertain tax positions (0.80%) 0.20% 0.20%
Difference between statutory and actual rate (10.50%) (0.40%)
Other permanent differences not deductible 1.60% 1.80% (0.20%)
Change in valuation allowance (9.70%) 0.10% 0.10%
Tax rate change 8.80%
Other 2.40% 2.00% (0.30%)
Effective income tax rate 31.90% 38.00% 32.60%