Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Income (Loss)

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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Sales $ 65,223,000 $ 67,667,000
Cost of sales 34,486,000 33,822,000
Gross profit 30,737,000 33,845,000
Operating expenses:    
Marketing, general and administrative and engineering 19,849,000 18,334,000
Amortization of intangible assets 2,816,000 2,751,000
Income from operations 8,072,000 12,760,000
Other income/(expenses):    
Interest income 107,000 108,000
Interest expense (1,018,000) (1,298,000)
Other income and expense (168,000) 17,000
Income before provision for income taxes 6,993,000 11,587,000
Income tax expense 2,467,000 53,000
Net income 4,526,000 11,534,000
Income attributable to non-controlling interests 97,000 0
Net income (loss) 4,429,000 11,534,000
Comprehensive income:    
Net income (loss) 4,429,000 11,534,000
Foreign currency translation adjustment 2,396,000 4,618,000
Derivative valuation, net of tax 102,000 (292,000)
Comprehensive income $ 6,927,000 $ 15,860,000
Net Income per common share:    
Basic (in dollars per share) $ 0.14 $ 0.36
Diluted (in dollars per share) $ 0.14 $ 0.36
Weighted-average shares used in computing net income per common share:    
Basic (in shares) 32,103,274 31,943,534
Diluted (in shares) 32,492,004 32,339,937