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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME    
Sales $ 47,827,108 $ 37,943,113
Cost of Goods Sold 26,554,022 18,573,370
Gross profit 21,273,086 19,369,743
Operating Expenses    
Selling Expenses 3,759,920 3,234,248
General & Administrative Expenses 4,446,983 3,448,660
Research & Development Expenses 724,287 887,782
Impairment of patent 1,114,942  
Total operating expenses 10,046,132 7,570,690
Income from operations 11,226,954 11,799,053
Interest income 30,850 86,019
Income before income tax provision 11,257,804 11,885,072
Income tax provision 2,841,035 2,994,599
Net income 8,416,769 8,890,473
Other comprehensive income (loss)    
Foreign currency translation adjustment (3,914,783) 114,919
Comprehensive income $ 4,501,986 $ 9,005,392
Earnings per common share: Basic and Diluted $ 0.28 $ 0.30
Weighted average number of common shares outstanding: Basic and Diluted 29,709,706 29,693,296