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Note 11 - Employee Equity Incentive Plans (Tables)
6 Months Ended
Sep. 30, 2016
Notes Tables  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three Months Ended September 30,
 
 
Six Months Ended September 30,
 
Statement of Operations Classifications
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
 
(unaudited)
 
 
(unaudited)
 
Cost of goods sold
  $ 96     $ 124     $ 196     $ 246  
Research, development and engineering (1)
    283       330       586       791  
Selling, general and administrative
    495       497       947       903  
Stock-based compensation effect in income before income tax provision
    874       951       1,729       1,940  
Provision for income tax (2)
    350       333       692       679  
Net stock-based compensation effects in net income
  $ 524     $ 618     $ 1,037     $ 1,261  
Schedule of Employee Service Share Based Compensation Fair Value Assumptions and Methodology [Table Text Block]
 
 
Stock Options
 
 
Purchase Plan (1)
 
 
 
Three Months Ended
September 30,
 
 
Six Months Ended
September 30,
 
 
Six Months Ended
September 30,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
 
(unaudited)
 
 
(unaudited)
 
 
(unaudited)
 
Weighted average estimated fair
value of grant per share
  $ 4.99     $ 4.31     $ 4.40     $ 4.83     $ 3.94     $ 3.15  
Risk-free interest rate
    1.3 %     1.7 %     1.3 %     1.8 %     0.3 %     0.1 %
Expected term in years
    6.41       6.35       6.41       6.45       1.00       1.00  
Volatility
    42.0 %     42.8 %     41.4 %     44.9 %     42.9 %     33.7 %
Dividend yield (2)
    -       1.3 %     0.8 %     1.2 %     1.4 %     1.1 %
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
 
 
 
 
Weighted Average
 
 
 
 
 
 
 
Number of
 
 
Exercise Price
 
 
Intrinsic
 
 
 
Shares
 
 
Per Share
 
 
Value (1)
 
 
 
 
 
 
 
(unaudited)
 
 
 
(000)
 
Balance at March 31, 2016
    5,234,397     $ 10.40          
Options granted
    387,000     $ 11.23          
Options exercised
    (105,997 )   $ 7.95     $ 375  
Options cancelled
    (7,500 )   $ 13.37          
Options expired
    (5,000 )   $ 9.73          
Balance at September 30, 2016
    5,502,900     $ 10.50          
                         
Exercisable at September 30, 2016
    3,950,650     $ 10.12          
Exercisable at March 31, 2016
    3,619,563     $ 9.93