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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales $ 23,897 $ 17,671 $ 43,692 $ 35,590
Cost of sales 14,250 10,686 25,019 23,039
Gross profit 9,647 6,985 18,673 12,551
Selling, general, and administrative expenses 3,311 3,707 6,627 7,668
Engineering expense 1,915 2,221 3,742 4,046
Operating income 4,421 1,057 8,304 837
Interest expense 8 8 16 16
Other expense – net 26 33 94 62
Income before incomes taxes 4,387 1,016 8,194 759
Income tax provision 1,464 376 2,885 281
Net income $ 2,923 $ 640 $ 5,309 $ 478
Earnings per common share:        
Basic net income per share $ 0.30 $ 0.07 $ 0.54 $ 0.05
Diluted net income per share $ 0.29 $ 0.06 $ 0.53 $ 0.05
Weighted-average basic shares outstanding 9,876,000 9,766,000 9,859,000 9,741,000
Weighted-average diluted shares outstanding 10,177,000 9,962,000 10,094,000 9,937,000