XML 43 R32.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 11 - Employee Equity Incentive Plans (Tables)
3 Months Ended
Jun. 30, 2016
Notes Tables  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three Months Ended June 30,
 
Statement of Operations Classifications
 
2016
 
 
2015
 
 
 
(unaudited)
 
Cost of goods sold
  $ 100     $ 122  
Research, development and engineering (1)
    303       460  
Selling, general and administrative expenses
    452       406  
Stock-based compensation effect in income before taxes
    855       988  
Provision for income taxes (2)
    342       346  
Net stock-based compensation effects in net income
  $ 513     $ 642  
Schedule of Employee Service Share Based Compensation Fair Value Assumptions and Methodology [Table Text Block]
 
 
Stock Options
 
 
Purchase Plan
 
 
 
Three Months Ended
June 30,
 
 
Three Months Ended
June 30,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
 
(unaudited)
 
 
(unaudited)
 
Weighted average estimated fair
value of grant per share
  $ 3.96     $ 6.32     $ 3.94     $ 3.15  
Risk-free interest rate
    1.4 %     2.0 %     0.26 %     0.1 %
Expected term in years
    6.41       6.75       1.00       1.00  
Volatility
    41.0 %     50.7 %     42.9 %     33.7 %
Dividend yield
    1.41 %     1.01 %     1.42 %     1.11 %
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
 
 
 
 
Weighted Average
 
 
 
 
 
 
 
Number of
 
 
Exercise Price
 
 
Intrinsic Value
 
 
 
Shares
 
 
Per Share
 
 
(000) (1)
 
 
 
 
 
 
 
(unaudited)
 
 
 
 
 
Balance at March 31, 2016
    5,234,397     $ 10.40          
Options granted
    222,000     $ 10.97          
Options exercised
    (27,897 )   $ 6.53     $ 130  
Options expired
    (5,000 )   $ 9.73          
Balance at June 30, 2016
    5,423,500     $ 10.44          
                         
Exercisable at June 30, 2016
    3,684,916     $ 10.03          
Exercisable at March 31, 2016
    3,619,563     $ 9.93