Consolidated Statements of Stockholders' Equity
(in thousands, except per share data)



Common Stock
Additional
Paid-In
Capital
Retained
Earnings
Treasury Stock
Shares Amount Shares Amount Total
Balance at
   March 31, 1999
13,018,391 $130 $ 26,526 $14,114 112,000 $ (25) $ 40,745  
Shares issued under
   stock option plans
69,208 1 210 - - - 211  
Income tax benefit
   from exercise of
   stock options
- - 1 - - - 1  
Net income - - - 19 - - 19  
Balance at
   March 31, 2000
13,087,599 131 26,737 14,133 112,000 (25) 40,976  
Shares issued under
   stock option plans
47,527 - 163 - - - 163  
Net income - - - 26 - - 26  
Balance at
   March 31, 2001
13,135,126 131 26,900 14,159 112,000 (25) 41,165  
Shares issued under
   stock option plans
15,997 - 28 - - - 28  
Warrant issued - - 637 - - - 637  
Net loss - - - (6,121) - - (6,121)  
Balance at
   March 31, 2002
13,151,123 $131 $ 27,565 $ 8,038 112,000 $ (25) $ 35,709  


The accompanying notes are an integral part of these consolidated financial statements.