XML 42 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
SUMMARY OF QUARTERLY DATA (UNAUDITED)
 12 Months Ended
Mar. 31, 2015
SUMMARY OF QUARTERLY DATA (UNAUDITED) [Abstract]  
SUMMARY OF QUARTERLY DATA (UNAUDITED)
NOTE 21. SUMMARY OF QUARTERLY DATA (UNAUDITED)

The following table is a summary of unaudited quarterly data for fiscal 2015 and 2014 (in thousands, except per share data). Previously reported quarterly amounts have been revised to reflect the reclassification of the AVRL business within our veterinary market segment as discontinued operations. See Note 3, “Discontinued Operations” for additional information.
 
  
Quarter Ended
 
Fiscal Year Ended March 31, 2015:
 
June 30
  
September 30
  
December 31
  
March 31
 
Revenues
 
$
44,054
  
$
50,471
  
$
56,051
  
$
52,017
 
Gross profit
  
23,703
   
28,076
   
28,783
   
28,408
 
Income from continuing operations, net of tax
  
5,074
   
5,712
   
6,215
   
3,802
 
Loss from discontinued operations, net of tax
  
(359
)
  
(312
)
  
(330
)
  
(153
)
Gain on sale of discontinued operations, net of tax
  
-
   
-
   
-
   
7,682
 
Net income
 
$
4,715
  
$
5,400
  
$
5,885
  
$
11,331
 
Net income (loss) per share:
                
Basic
                
Continuing operations
 
$
0.23
  
$
0.25
  
$
0.27
  
$
0.17
 
Discontinued operations
  
(0.02
)
  
(0.01
)
  
(0.01
)
  
0.33
 
Basic net income per share
 
$
0.21
  
$
0.24
  
$
0.26
  
$
0.50
 
Diluted
                
Continuing operations
 
$
0.23
  
$
0.25
  
$
0.27
  
$
0.17
 
Discontinued operations
  
(0.02
)
  
(0.01
)
  
(0.01
)
  
0.33
 
Diluted net income per share
 
$
0.21
  
$
0.24
  
$
0.26
  
$
0.50
 
Cash dividends declared per share
 
$
0.10
  
$
0.10
  
$
0.10
  
$
0.10
 
 
  
Quarter Ended
 
Fiscal Year Ended March 31, 2014:
 
June 30
  
September 30
  
December 31
  
March 31
 
Revenues
 
$
40,956
  
$
43,541
  
$
38,318
  
$
39,216
 
Gross profit
  
21,370
   
22,176
   
19,415
   
20,989
 
Income from continuing operations, net of tax
  
3,932
   
4,482
   
3,681
   
4,134
 
Loss from discontinued operations, net of tax
  
(703
)
  
(486
)
  
(459
)
  
(396
)
Net income
 
$
3,229
  
$
3,996
  
$
3,222
  
$
3,738
 
Net income (loss) per share:
                
Basic
                
Continuing operations
 
$
0.18
  
$
0.20
  
$
0.16
  
$
0.19
 
Discontinued operations
  
(0.03
)
  
(0.02
)
  
(0.02
)
  
(0.02
)
Basic net income per share
 
$
0.15
  
$
0.18
  
$
0.14
  
$
0.17
 
Diluted
                
Continuing operations
 
$
0.17
  
$
0.20
  
$
0.16
  
$
0.19
 
Discontinued operations
  
(0.03
)
  
(0.02
)
  
(0.02
)
  
(0.02
)
Diluted net income per share
 
$
0.14
  
$
0.18
  
$
0.14
  
$
0.17
 
Cash dividends declared per share
 
$
-
  
$
-
  
$
-
  
$
-