Unaudited Quarterly Financial Data

12 Months Ended

Mar. 31, 2014

Unaudited Quarterly Financial Data

16. UNAUDITED QUARTERLY FINANCIAL DATA

	FirstQuarter			SecondQuarter			ThirdQuarter		FourthQuarter			Total
2014
Net sales	$	19,568		$	15,464		$	22,628	$	28,273	(b)	$	85,933
Gross profit		6,805			5,413			8,439		10,474	(b)		31,131
Operating income (loss)		2,253	(a)		(305	)		2,725		4,416			9,089
Net income (loss)		1,373			(217	)		1,670		2,815			5,641
Basic earnings (loss) per share:	$	0.14		$	(0.02	)	$	0.17	$	0.29		$	0.58
Diluted earnings (loss) per share:	$	0.14		$	(0.02	)	$	0.17	$	0.29		$	0.58

	FirstQuarter			SecondQuarter		ThirdQuarter		FourthQuarter		Total
2013
Net sales	$	14,413		$	23,421	$	20,170	$	21,952	$	79,956
Gross profit		5,511			9,829		8,630		8,843		32,813
Operating income (loss)		(1,230	)		3,555		2,987		2,878		8,190
Net income (loss)		(828	)		2,039		1,709		1,156		4,076
Basic earnings (loss) per share:	$	(0.09	)	$	0.21	$	0.18	$	0.12	$	0.43
Diluted earnings (loss) per share:	$	(0.09	)	$	0.21	$	0.18	$	0.12	$	0.43

(a) Included in operating income is a non-recurring environmental benefit of $1,207. See Note 13.

(b) The Company terminated a distributor contract which resulted in sales returns of $1,538 and lowered gross profit by $1,033.