Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Income (Loss)

v3.5.0.2
Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
 3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Sales $ 63,396,000 $ 65,223,000
Cost of sales 37,282,000 34,486,000
Gross profit 26,114,000 30,737,000
Operating expenses:    
Marketing, general and administrative and engineering 19,108,000 19,849,000
Amortization of intangible assets 2,816,000 2,816,000
Income from operations 4,190,000 8,072,000
Other income/(expenses):    
Interest income 106,000 107,000
Interest expense (914,000) (1,018,000)
Other income (expense) 277,000 (168,000)
Income before provision for income taxes 3,659,000 6,993,000
Income tax expense 1,015,000 2,467,000
Net income 2,644,000 4,526,000
Income attributable to non-controlling interests 118,000 97,000
Net income (loss) 2,526,000 4,429,000
Comprehensive income:    
Net income (loss) 2,526,000 4,429,000
Foreign currency translation adjustment (182,000) 2,396,000
Derivative valuation, net of tax (131,000) 102,000
Comprehensive income $ 2,213,000 $ 6,927,000
Net Income per common share:    
Basic (in dollars per share) $ 0.08 $ 0.14
Diluted (in dollars per share) $ 0.08 $ 0.14
Weighted-average shares used in computing net income per common share:    
Basic (in shares) 32,232,340 32,103,274
Diluted (in shares) 32,694,235 32,492,004