Note 14 - Share Repurchase

6 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

14. S hare Repurchase

On

May 14, 2014,

the Company announced that its Board of Directors had authorized a program to repurchase up to

750,000

shares of the Company’s common stock from time to time on the open market or in privately negotiated transactions, in compliance with SEC Rule

10b

-

18,

over an indefinite period. During the quarter ended

September 30, 2018,

the Company repurchased and retired

675

shares at an aggregate cost of

$23,000.

As a result, the Company has reduced common stock, additional-paid-in capital and retained earnings to reflect the retirement of those shares.