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QUARTERLY FINANCIAL DATA - UNAUDITED
12 Months Ended
Mar. 31, 2016
Quarterly Financial Data [Abstract]  
Quarterly Financial Information [Text Block]
NOTE 16 - QUARTERLY FINANCIAL DATA - UNAUDITED
 
The following financial information reflects all normal recurring adjustments that are, in the opinion of management, necessary for a fair statement of the results of the interim periods. The quarterly unaudited results for the years 2016, 2015, and 2014 are set forth in the following table:
 
 
 
Sales
 
Gross Profit
 
Net Earnings
(Loss)
 
Basic
Earnings
(Loss)
Per Share
 
Diluted
Earnings
(Loss)
Per Share
 
 
 
(In thousands)
 
(In thousands)
 
(In thousands)
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First quarter
 
$
3,467
 
$
858
 
$
(495)
 
$
(0.01)
 
$
(0.01)
 
Second quarter
 
 
21,061
 
 
4,951
 
 
1,071
 
 
0.03
 
 
0.03
 
Third quarter
 
 
20,667
 
 
5,601
 
 
2,007
 
 
0.05
 
 
0.05
 
Fourth quarter
 
 
3,662
 
 
509
 
 
(880)
 
 
(0.03)
 
 
(0.03)
 
Fiscal Year 2016
 
$
48,857
 
$
11,919
 
$
1,703
 
$
0.04
 
$
0.04
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First quarter
 
$
2,545
 
$
516
 
$
(500)
 
$
(0.01)
 
$
(0.01)
 
Second quarter
 
 
15,952
 
 
3,162
 
 
321
 
 
0.01
 
 
0.01
 
Third quarter
 
 
18,086
 
 
4,052
 
 
1,034
 
 
0.03
 
 
0.03
 
Fourth quarter
 
 
2,725
 
 
581
 
 
(685)
 
 
(0.02)
 
 
(0.02)
 
Fiscal Year 2015
 
$
39,308
 
$
8,311
 
$
170
 
$
0.00
 
$
0.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
First quarter
 
$
1,414
 
$
301
 
$
(541)
 
$
(0.01)
 
$
(0.01)
 
Second quarter
 
 
10,835
 
 
2,403
 
 
324
 
 
0.01
 
 
0.01
 
Third quarter
 
 
16,815
 
 
4,107
 
 
821
 
 
0.02
 
 
0.02
 
Fourth quarter
 
 
2,316
 
 
296
 
 
400
 
 
0.01
 
 
0.01
 
Fiscal Year 2014
 
$
31,380
 
$
7,107
 
$
1,004
 
$
0.03
 
$
0.03