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Statements of Income (USD $)
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Revenue      
Product sales $ 25,151,822 $ 26,024,823 $ 22,665,860
Contract research and development 3,427,398 5,172,240 5,481,325
Total revenue 28,579,220 31,197,063 28,147,185
Cost of sales 9,325,511 9,783,698 8,313,015
Gross profit 19,253,709 21,413,365 19,834,170
Expenses      
Selling, general , and administrative 2,380,603 2,474,468 2,414,584
Research and development 2,600,058 1,269,127 1,121,050
Total expenses 4,980,661 3,743,595 3,535,634
Income from operations 14,273,048 17,669,770 16,298,536
Interest income 2,350,191 2,021,426 1,617,880
Income before taxes 16,623,239 19,691,196 17,916,416
Provision for income taxes 5,242,144 6,330,251 5,917,072
Net income $ 11,381,095 $ 13,360,945 $ 11,999,344
Net income per share - basic $ 2.37 $ 2.83 $ 2.56
Net income per share - diluted $ 2.34 $ 2.76 $ 2.47
Weighted average shares outstanding      
Basic 4,796,227 4,729,035 4,692,496
Diluted 4,863,471 4,844,266 4,857,044