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Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES    
Net income $ 10,030,252 $ 9,921,486
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 726,842 868,218
Stock-based compensation 40,920 22,000
Excess tax deficiencies 293
Deferred income taxes 153,954 (61,076)
Changes in operating assets and liabilities:    
Accounts receivable 1,270,936 782,427
Inventories (238,028) 42,755
Prepaid expenses and other assets (360,675) (16,909)
Accounts payable and accrued expenses (159,525) 162,906
Deferred revenue (142,733) (714,805)
Net cash provided by operating activities 11,321,943 11,007,295
INVESTING ACTIVITIES    
Purchases of fixed assets (604,755) (200,447)
Purchases of marketable securities (16,256,210) (11,528,240)
Proceeds from maturities of marketable securities 16,540,000 11,400,000
Net cash used in investing activities (320,965) (328,687)
FINANCING ACTIVITIES    
Proceeds from sale of common stock 51,040 92,310
Excess tax (deficiencies) (293)
Payment of dividends to shareholders (14,523,030) (14,506,030)
Net cash used in financing activities (14,471,990) (14,414,013)
Decrease in cash and cash equivalents (3,471,012) (3,735,405)
Cash and cash equivalents at beginning of period 8,199,364 7,534,593
Cash and cash equivalents at end of period 4,728,352 3,799,188
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes $ 4,615,019 $ 4,720,000