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INVENTORIES
9 Months Ended
Dec. 31, 2015
INVENTORIES [Abstract]  
INVENTORIES
NOTE 7.INVENTORIES

Inventories include material, labor and manufacturing overhead, and are stated at the lower of cost (first-in, first-out method) or market. Components of inventories were as follows (in thousands):

  
December 31,
2015
  
March 31,
2015
 
Raw materials
 
$
16,377
  
$
16,436
 
Work-in-process
  
4,472
   
3,984
 
Finished goods
  
14,329
   
15,759
 
Inventories
 
$
35,178
  
$
36,179