INVENTORIES

9 Months Ended

Dec. 31, 2016

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, 2016		March 31, 2016
Raw materials	$	17,472	$	15,737
Work-in-process		5,684		6,039
Finished goods		16,036		13,355
Inventories	$	39,192	$	35,131