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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 17,919 $ 19,568
Cost of sales 12,353 12,763
Gross profit 5,566 6,805
Selling, general, and administrative expenses 3,961 2,733
Engineering expense 1,825 1,819
Operating income (loss) (220) 2,253
Interest expense 8 18
Other expense – net 29 21
Income (loss) before income taxes (257) 2,214
Income tax provision (benefit) (95) 841
Net income (loss) $ (162) $ 1,373
Earnings (loss) per common share:    
Basic net income (loss) per share $ (0.02) $ 0.14
Diluted net income (loss) per share $ (0.02) $ 0.14
Weighted-average basic shares outstanding 9,715,000 9,568,000
Weighted-average diluted shares outstanding 9,715,000 9,667,000