BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Sep. 30, 2013

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of carrying values of inventories

	September 30, 2013		March 31, 2013
Raw materials	$	27,697	$	24,189
Work in progress	26,705		23,676
Finished goods	8,590		7,524
	$	62,992	$	55,389

Schedule of earnings per share

	Three Months Ended September 30				Six Months Ended September 30
	2013		2012		2013		2012
Numerator:
Net income	$	10,630	$	6,709	$	14,230	$	6,261
Denominator:
Weighted average number of common shares outstanding	9,679,309		9,863,363		9,657,781		10,017,546
Dilutive options and stock awards	104,808		35,338		72,821		57,942
Diluted weighted average number of common shares outstanding	9,784,117		9,898,701		9,730,602		10,075,488
Net earnings per share
Basic	$	1.10	$	.68	$	1.47	$	.62
Diluted	$	1.09	$	.68	$	1.46	$	.62