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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Net Sales $ 20,667,069 $ 18,086,370 $ 45,194,527 $ 36,583,388
Cost of Goods Sold 15,066,443 14,034,505 33,784,839 28,853,864
Gross Profit 5,600,626 4,051,865 11,409,688 7,729,524
Operating Expenses        
Selling expenses 1,936,715 1,078,905 4,225,677 2,690,939
General and administrative expenses 1,431,993 1,258,643 3,736,230 3,454,761
Depreciation 47,497 33,969 122,162 96,173
Total Operating Expenses 3,416,205 2,371,517 8,084,069 6,241,873
Income from Operations 2,184,421 1,680,348 3,325,619 1,487,651
Other Expenses        
Interest expense (91,847) (118,713) (244,765) (200,198)
Financing costs (18,519) (18,519) (55,558) (33,952)
Total Other Expenses (110,366) (137,232) (300,323) (234,150)
Income Before Income Tax Provision 2,074,055 1,543,116 3,025,296 1,253,501
Income Tax Provision (67,142) (509,252) (441,836) (397,995)
Net Income $ 2,006,913 $ 1,033,864 $ 2,583,460 $ 855,506
Income per Common Share        
Basic (in dollar per share) $ 0.05 $ 0.03 $ 0.07 $ 0.02
Diluted (in dollar per share) $ 0.05 $ 0.03 $ 0.07 $ 0.02
Weighted Average Common and Common Equivalent Shares:        
Basic (in shares) 38,161,635 38,117,517 38,140,458 38,090,756
Diluted (in shares) 38,686,019 38,645,514 38,638,925 38,589,350