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Quarterly Financial Data - Unaudited
12 Months Ended
Mar. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data - Unaudited

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 2017, 2016, and 2015 are set forth in the following table:

  

                      Basic     Diluted  
                      Earnings     Earnings  
                Net Earnings     (Loss)     (Loss)  
    Sales     Gross Profit     (Loss)     Per Share     Per Share  
    (In thousands)     (In thousands)     (In thousands)              
2017                                        
First quarter   $ 4,859     $ 1,144     $ (437 )   $ (0.01 )   $ (0.01 )
Second quarter     28,129       6,503       1,810       0.05       0.05  
Third quarter     16,320       5,036       1,312       0.03       0.03  
Fourth quarter     3,611       1,153       (979 )     (0.03 )     (0.03 )
Fiscal Year 2017   $ 52,919     $ 13,836     $ 1,706     $ 0.04     $ 0.04  
                                         
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