Contingencies, Commitments and Legal Proceedings

6 Months Ended

Sep. 30, 2017

Commitments And Contingencies Disclosure [Abstract]

Contingencies, Commitments and Legal Proceedings

Note H — Contingencies, Commitments and Legal Proceedings

The Company is involved in litigation arising in the ordinary course of business. Management believes that resolution of these matters will not result in any payment that, individually or in the aggregate, would be material to the consolidated financial position or results of operations of the Company.

During the quarter ended September 30, 2017, the Company entered into a purchase agreement to acquire a 32,000 square foot building located in Milwaukie, Oregon at a purchase price of $5.8 million.  The Company has paid a deposit of $150,000 towards this purchase during the quarter.  The Company expects to finance this purchase with existing cash on hand and expects to close escrow in 2018.  The Company has paid a deposit of $150,000 towards this purchase during the quarter.