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SUMMARY OF QUARTERLY DATA (UNAUDITED) (Tables)
 12 Months Ended
Mar. 31, 2016
SUMMARY OF QUARTERLY DATA (UNAUDITED) [Abstract]  
Summary of Unaudited Quarterly Data
The following table is a summary of unaudited quarterly data for fiscal 2016 and 2015 (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, 2016:
 
June 30
  
September 30
  
December 31
  
March 31
 
Revenues
 
$
53,090
  
$
55,975
  
$
52,876
  
$
56,960
 
Gross profit
  
29,392
   
31,962
   
29,602
   
32,296
 
Income from continuing operations, net of tax
  
6,995
   
7,823
   
7,954
   
8,302
 
Gain (loss) from discontinued operations, net of tax
  
-
   
(7
)
  
4
   
-
 
Gain on sale of discontinued operations, net of tax
  
-
   
-
   
-
   
559
 
Net income
 
$
6,995
  
$
7,816
  
$
7,958
  
$
8,861
 
Net income (loss) per share:
                
Basic
                
Continuing operations
 
$
0.31
  
$
0.34
  
$
0.35
  
$
0.37
 
Discontinued operations
  
-
   
-
   
-
   
0.02
 
Basic net income per share
 
$
0.31
  
$
0.34
  
$
0.35
  
$
0.39
 
Diluted
                
Continuing operations
 
$
0.31
  
$
0.34
  
$
0.35
  
$
0.36
 
Discontinued operations
  
-
   
-
   
-
   
0.03
 
Diluted net income per share
 
$
0.31
  
$
0.34
  
$
0.35
  
$
0.39
 
Cash dividends declared per share
 
$
0.11
  
$
0.11
  
$
0.11
  
$
0.11
 
 
  
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