Breeze-eastern (BZC) 10-Q 29 Jan 15 2015 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Dec. 31, 2014	Jan. 26, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Trading Symbol	BZC
Entity Registrant Name	BREEZE-EASTERN CORP
Entity Central Index Key	99359
Current Fiscal Year End Date	-28
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		9,815,793

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
CURRENT ASSETS:
Cash	$15,736	$6,021
Accounts receivable (net of allowance for doubtful accounts of $213 at December 31, 2014 and $323 at March 31, 2014)	15,281	24,191
Inventories – net	24,451	18,909
Income taxes receivable	435
Prepaid expenses and other current assets	1,589	1,868
Deferred income taxes	5,085	4,608
Total current assets	62,577	55,597
PROPERTY:
Property and equipment	20,062	19,767
Less accumulated depreciation and amortization	14,477	13,435
Property – net	5,585	6,332
OTHER ASSETS:
Deferred income taxes – net	8,031	4,197
Goodwill	402	402
Real estate held for sale	3,800	3,800
Qualification units and pre-qualification assets – net	3,718	4,385
Other	4,945	5,080
Total other assets	20,896	17,864
TOTAL ASSETS	89,058	79,793
CURRENT LIABILITIES:
Accounts payable – trade	5,354	7,442
Accrued compensation	1,972	2,875
Accrued income taxes	2,258	358
Other current liabilities	5,869	5,214
Total current liabilities	15,453	15,889
OTHER LONG-TERM LIABILITIES	12,102	13,420
COMMITMENTS AND CONTINGENCIES (Note 14)
TOTAL LIABILITIES	27,555	29,309
STOCKHOLDERS’ EQUITY
Preferred stock – authorized, 300,000 shares; none issued
Common stock – authorized, 100,000,000 shares of $.01 par value; issued, 10,265,707 shares at December 31, 2014 and 10,148,944 shares at March 31, 2014	102	101
Additional paid-in capital	100,252	98,707
Accumulated deficit	-31,822	-41,344
Accumulated other comprehensive income	3	3
Stockholders' equity before treasury stock	68,535	57,467
Less treasury stock, at cost – 449,914 shares at December 31, 2014 and 445,067 shares at March 31, 2014	-7,032	-6,983
Total stockholders’ equity	61,503	50,484
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	$89,058	$79,793

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Mar. 31, 2014
In Thousands, except Share data, unless otherwise specified
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts	$213	$323
Preferred stock, shares authorized	300,000	300,000
Preferred stock, shares issued	0	0
Common stock, shares authorized	100,000,000	100,000,000
Common stock, par value	$0.01	$0.01
Common stock, shares issued	10,265,707	10,148,944
Treasury Stock, shares	449,914	445,067

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Net sales	$23,239	$22,628	$58,829	$57,660
Cost of sales	13,395	14,189	36,434	37,003
Gross profit	9,844	8,439	22,395	20,657
Selling, general, and administrative expenses	3,578	3,198	11,246	9,739
Engineering expense	1,071	2,516	5,117	6,245
Operating income	5,195	2,725	6,032	4,673
Interest expense	8	8	24	41
Other (income) expense – net	-1,200	23	-1,138	74
Income before incomes taxes	6,387	2,694	7,146	4,558
Income tax (benefit) provision	-2,657	1,024	-2,376	1,732
Net income	$9,044	$1,670	$9,522	$2,826
Earnings per common share:
Basic net income per share	$0.92	$0.17	$0.98	$0.29
Diluted net income per share	$0.91	$0.17	$0.96	$0.29
Weighted-average basic shares outstanding	9,816,000	9,667,000	9,766,000	9,625,000
Weighted-average diluted shares outstanding	9,963,000	9,797,000	9,945,000	9,733,000

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$9,522	$2,826
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Write-off of engineering project development qualification units	81	571
Shipped qualification assets	142	747
Depreciation and amortization	1,537	1,129
Non-cash reserve accretion	221	256
Stock based compensation	849	517
Provision for losses on accounts receivable	13	13
Deferred taxes-net	-4,311	90
Changes in assets and liabilities:
(Increase) decrease in accounts receivable and other receivables	8,897	251
(Increase) decrease in inventories	-5,542	-6,134
(Increase) decrease in income taxes receivable	-435
(Increase) decrease in other assets	407	-178
Increase (decrease) in accounts payable	-2,088	784
Increase (decrease) in accrued compensation	-917	-1,356
Increase (decrease) in accrued income taxes	1,900	662
Increase (decrease) in other liabilities	-884	-2,010
Net cash provided by (used in) operating activities	9,392	-1,832
Cash flows from investing activities:
Capital expenditures	-295	-742
Capitalized qualification units and pre-qualification assets	-44	-1,349
Net cash used in investing activities	-339	-2,091
Cash flows from financing activities:
Payment of debt issue costs		-33
Exercise of stock options	662	677
Net cash provided by financing activities	662	644
Increase (decrease) in cash	9,715	-3,279
Cash at beginning of period	6,021	6,688
Cash at end of period	15,736	3,409
Supplemental information:
Interest payments	19	33
Income tax payments	$258	$980

Financial_Presentation

Financial Presentation	9 Months Ended
	Dec. 31, 2014
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Financial Presentation	NOTE  1.     Financial Presentation
	The unaudited, Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Operations, and Condensed Consolidated Statements of Cash Flows are of Breeze-Eastern Corporation and its consolidated subsidiaries (collectively, the “Company”). These financial statements reflect all adjustments of a normal recurring nature which are, in the opinion of management, necessary for a fair presentation of the results of operations for the interim periods reflected therein. Certain prior year amounts may have been reclassified to conform to the current period presentation.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Earnings Per Share	NOTE  2.     Earnings Per Share
	The computation of basic earnings per share is based on the weighted-average number of common shares outstanding during the period. The computation of diluted earnings per share assumes the foregoing as well as the exercise of all dilutive stock options using the treasury stock method.
	The components of the denominator for basic earnings per common share and diluted earnings per common share are reconciled as follows.
		Three Months Ended				Nine Months Ended
		December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013
	Basic earnings per Common Share:
	Weighted-average common shares outstanding for basic earnings per share calculation		9,816,000		9,667,000		9,766,000		9,625,000
	Diluted earnings per Common Share:
	Weighted-average common shares outstanding		9,816,000		9,667,000		9,766,000		9,625,000
	Stock options (a)		147,000		130,000		179,000		108,000
	Weighted-average common shares outstanding for diluted earnings per share calculation		9,963,000		9,797,000		9,945,000		9,733,000
	(a)	During the three and nine month periods ended December 31, 2014, options to purchase 419,500 and 278,167 shares, respectively, of common stock and during the three and nine month periods ended December 31, 2013, options to purchase 99,000 and 214,000 shares of common stock, respectively, were excluded from the computation of diluted earnings per share because the exercise process of these options were greater than the average market price of the common share and the effect of their conversion would be antidilutive.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	NOTE  3.     Stock-Based Compensation
	The Company follows guidance provided by Accounting Standards Codification (“ASC 718”), “Accounting for Stock-Based Compensation”. Compensation cost is recognized for all awards granted and modified based on the grant date fair value of the awards. Net income for the three and nine month periods ended December 31, 2014, includes stock-based compensation expense of $158 net of tax, or $0.02 per diluted share, and $535 net of tax, or $0.05 per diluted share, respectively. Net income for the three and nine month periods ended December 31, 2013, includes stock- based compensation expense of $104 net of tax, or $0.01 per diluted share, and $320 net of tax, or $0.03 per diluted share, respectively. Stock based compensation expense is included in selling, general and administrative expenses. Additional compensation cost will be recognized as new stock-based grants are awarded.
	The Company maintains the 1999 Long-Term Incentive Plan (the “1999 Plan”), the 2004 Long-Term Incentive Plan (the “2004 Plan”), the 2006 Long-Term Incentive Plan (the “2006 Plan”), and the 2012 Incentive Compensation Plan (the “2012 Plan” and together with the 1999 Plan, the 2004 Plan and the 2006 Plan collectively, the “Plans”).
	Under the terms of the 2012 Plan, 750,000 shares of the Company’s common stock may be granted as stock options or awarded as restricted stock to officers, non-employee directors, certain employees, and other key individuals of the Company through October 2022. Under the terms of the 2006 Plan, 500,000 shares of the Company’s common stock may be granted as stock options or awarded as restricted stock to officers, non-employee directors, and certain employees of the Company through July 2016. The 2004 Plan expired in September 2014, and the 1999 Plan expired in July 2009, and no further grants or awards may be made under these plans. Under the 2004 Plan, no unexercised options remain outstanding, and under the 1999 Plan, unexercised options granted in fiscal year 2006 remain outstanding.
	Under each of the Plans, option exercise prices equal the fair market value of the common shares at their respective grant dates. Options granted to officers and employees expire no later than 10 years after the date of the grant. In most circumstances prior to fiscal year 2014, options granted to directors, officers, and employees generally vest ratably over three years beginning one year after the date of the grant. In certain circumstances, including a change of control of the Company (as defined in the various Plans), option vesting may be accelerated.
	Pursuant to the terms of an employment agreement, effective June 16, 2014, between the Company and Serge Dupuis, Chief Financial Officer and Treasurer of the Company, the Company granted to Mr. Dupuis an option to purchase 200,000 shares, which option has a weighted average grant date fair value equal to $12.78.  This option was reported in the Company’s Current Report on Form 8-K filed on June 17, 2014.
	As noted above, in connection with the hiring of Serge Dupuis as the Company’s Chief Financial Officer and Treasurer, the terms of the Company’s employment offer to Mr. Dupuis included a commitment to award him an option to purchase 200,000 shares of common stock of the Company (the “Dupuis Option”).  At the time of the issuance of the award, the Company and Mr. Dupuis entered into an option grant agreement indicating that the option would be subject to, and the option shares would be allocated from, the Company’s 2012 Incentive Compensation Plan (the “2012 Plan”). On July 3, 2014, the Company determined that the allocation of that number of option shares from the 2012 Plan would be in excess of the 2012 Plan’s per person, per year share limit, and, therefore, 50,000 of the option shares would need to be allocated from the Company’s 2006 Incentive Compensation Plan or the Company would need to modify the grant to be an “inducement grant” in order for the Company to fulfill its obligations to Mr. Dupuis.  As a result, on July 7, 2014 the Company and Mr. Dupuis agreed to modify the terms of his award such that the number of shares allocated from the 2012 Plan in respect of the Dupuis Option is 150,000 and the remaining 50,000 shares would be allocated from and subject to the Company’s 2006 Incentive Compensation Plan.
	On August 18, 2014, in connection with the hiring of Bradley Repp, Vice President of Product Development, the Company granted to Mr. Repp an option to purchase 200,000 shares of our common stock, which option has a weighted average grant date fair value equal to $10.40. This award to Mr. Repp was made outside of the Company’s stockholder approved equity incentive plans and was approved by the Incentive and Compensation Committee of the Company’s Board of Directors, as an inducement material to Mr. Repp entering into employment with the Company pursuant to Section 711(a) of the NYSE MKT Company Guide. This option was reported in the Company’s Current Report on Form 8-K filed on August 18, 2014.
	The Black-Scholes option-pricing model uses dividend yield, volatility, risk-free rate, expected term, and forfeiture assumptions to value stock options and was used to value 55,000 of the total 440,000 options granted in fiscal 2015 and 19,000 of the total 158,000 options granted in fiscal 2014. The Black-Scholes weighted-average value at each grant date per option granted in fiscal 2015 was $4.61, $3.85, and $3.72 and in fiscal 2014 was $3.03 and $3.01. Expected volatilities are based on historical volatility of the Company’s common stock and other factors, and the risk-free rate for periods within the option’s contractual life is based on the U.S. Treasury yield curve at the time of the grant. The Company uses historical data to estimate the expected option term and assumed no forfeitures because of the limited number of employees at the executive and senior management levels who receive stock options, past employment history, and current stock price projections. The Company used the following assumptions to estimate the fair value of option grants under the Black-Scholes method:
		Dividend				Volatility				Risk-free				Expected		Forfeiture
		yield								interest rate				term of		adjustment
														options (in
														years)
	2015 $4.61 value per option		0	%		30		%		2.1		%		7		0	%
	2015 $3.85 value per option		0	%		30.9		%		2.2		%		7		0	%
	2015 $3.72 value per option		0	%		30.9		%		2.2		%		7		0	%
	2014 $3.03 value per option		0	%		31.2		%		1.3		%		7		0	%
	2014 $3.01 value per option		0	%		31.2		%		1.3		%		7		0	%
	The remaining 385,000 options granted in fiscal 2015 had a weighted-average value per option of $3.05 and $2.49, and $2.49. The remaining 139,000 options granted in fiscal 2014 had a weighted-average value per option of $1.90 and $1.71 at the grant date. These valuations used a Monte Carlo simulation because the option vesting was based on service and market conditions. Expected volatilities are based on the historical volatility of the Company’s common stock and other factors and the risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The Company uses the option contractual life for the expected option term and assumes a forfeiture rate using historical data for Company officers who receive stock options. The Company used the following assumptions to estimate the fair value of option grants under the Monte Carlo simulation:
			2015 $3.05			2015 $2.49			2015 $2.49		2014 $1.90			2014 $1.71
			value per			value per			value per		value per			value per
			option			option			option		option			option
	Dividend yield		0	%		0	%		0	%	0	%		0	%
	Volatility		32.3	%		33.7	%		33.7	%	34.9	%		34.9	%
	Risk-free interest rate		2.6	%		2.5	%		2.5	%	1.9	%		1.9	%
	Expected term of options (in years)		10			10			10		10			10
	Forfeiture adjustment		1.4	%		1.2	%		1.2	%	1.1	%		1.8	%
	Suboptimal behavior factor		1.6			1.6			1.6		1.7			1.7
	The following table summarizes stock option activity under all Plans and other grants authorized by the Board of Directors.
		Number			Aggregate				Approximate				Weighted-
		of Shares			Intrinsic				Remaining				Average
					Value				Contractual				Exercise
									Term (Years)				Price
	Outstanding at March 31, 2014	851,165			$	1,516				8			$	8.15
	Granted	440,000				—				10				11.45
	Exercised	(88,833	)			339				—				7.46
	Canceled or expired	(10,332	)			—				—				8.59
	Outstanding at December 31, 2014	1,192,000				1,381				8				9.21
	Options exercisable at December 31, 2014	597,000				1,022				8				8.6
	Unvested options expected to become exercisable after December 31, 2014	595,000				407				9				10.04
	Shares available for future option grants at December 31, 2014 (a)	245,376
	(a)	May be decreased by restricted stock grants.
	Cash received from stock option exercises during the first nine months of fiscal 2015 was approximately $662. The aggregate intrinsic value of options exercised during the first nine months of fiscal 2015 was approximately $339. The intrinsic value of stock options is the amount by which the market price of the stock on the date of exercise exceeded the market price of stock on the date of grant. There was no tax benefit generated to the Company from options granted prior to April 1, 2006 and exercised during fiscal 2015.
	During the first nine months of fiscal 2015 and fiscal 2014, stock option compensation expense recorded in selling, general and administrative expenses was $681 and $362, respectively, before taxes of $252 and $138, respectively. As of December 31, 2014, there was $1,068 of unrecognized compensation cost related to stock options granted-but-not-yet-vested that are expected to become exercisable. This cost is expected to be recognized over a weighted-average period of approximately two years.
	Except as otherwise authorized by the Board of Directors, it is the general policy of the Company that the stock underlying the option grants consists of authorized and unissued shares available for distribution under the applicable Plans. Under the Plans, the Incentive and Compensation Committee of the Board of Directors (made up of independent directors) may at any time offer to repurchase a stock option that is exercisable and has not expired.
	A summary of restricted stock award activity under all Plans follows.
		Number				Weighted –
		of Shares				Average
						Grant Date
						Fair Value
	Non-vested at March 31, 2014		29,807			$	8.93
	Granted		27,930				10.07
	Vested		(22,924	)			9.11
	Cancelled		(3,761	)			9.1
	Non-vested at December 31, 2014		31,052				9.81
	Restricted stock awards are utilized both for director compensation and awards to officers and employees, and are distributed in a single grant of shares which are subject to forfeiture prior to vesting and have voting and dividend rights from the date of issuance. Other than the restricted stock granted in fiscal 2012 and fiscal 2013, outstanding restricted stock awards to officers and employees have forfeiture and transfer restrictions that lapse ratably over three years beginning one year after the date of the award. Restricted stock awards granted to officers and employees in fiscal 2012 contain forfeiture and transfer restrictions that lapse after six months.
	Restricted stock awards granted to non-employee directors prior to fiscal 2012 contained forfeiture provisions that lapse after one year and transfer restrictions that lapse six months after the person ceases to be a director. In certain circumstances, including a change of control of the Company as defined in the various Plans, forfeiture lapses on restricted stock may be accelerated.
	The fair value of restricted stock awards is based on the market price of the stock at the grant date and compensation cost is amortized to expense on a straight-line basis over the requisite service period as stated above. The Company expects no forfeitures during the vesting period with respect to unvested restricted stock awards granted. During the first nine months of fiscal 2015 and fiscal 2014, compensation expense related to restricted stock awards recorded in selling, general and administrative expenses was $168 and $155, respectively, before taxes of $62 and $59, respectively. As of December 31, 2014, there was approximately $231 of unrecognized compensation cost related to non-vested restricted stock awards, which is expected to be recognized over a period of approximately one year.

Inventories

Inventories	9 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventories	NOTE  4.      Inventories
	Inventories are summarized as follows:
		December 31,			March 31,
		2014			2014
	Finished goods	$	786		$	2,751
	Work in process		8,865			5,932
	Purchased and manufactured parts		17,753			13,155
			27,404			21,838
	Reserve for slow moving and obsolescence		(2,953	)		(2,929	)
	Total	$	24,451		$	18,909
	Inventory obsolescence is determined by identifying specific items based on the age of inventory and by establishing a general reserve based on annual purchases. Analyzing inventory by age showed little movement once items have aged five years, and historical trends showed that 1.1% of purchases would eventually be scrapped. Accordingly, the Company uses these two factors in determining the amount of the reserve.

Property_Equipment_and_Related

Property, Equipment, and Related Depreciation and Amortization	9 Months Ended
	Dec. 31, 2014
Property Plant And Equipment [Abstract]
Property, Equipment, and Related Depreciation and Amortization
	NOTE  5.      Property, Equipment, and Related Depreciation and Amortization
	Property and equipment are recorded at cost, and equipment is depreciated on a straight-line basis over its estimated economic useful life. Leasehold improvements are amortized using the shorter of the estimated economic useful life or the term of the lease. Depreciation and amortization expense for the three month and nine month periods ended December 31, 2014 was $309 and $1,042, respectively, and for the three and nine month periods ended December 31, 2013 was $328 and $998, respectively.
	Average estimated useful lives for property are as follows:
	Machinery and equipment	3 to 10 years
	Furniture and fixtures	3 to 10 years
	Computer hardware and software	3 to 5 years
	Leasehold improvements	10 years
	The Company classified as real estate held for sale on the condensed consolidated balance sheets a property currently under sales contract owned in Glen Head, New York. The sale of the property is expected to be concluded upon completion of municipal approvals and soil remediation pursuant to the remediation plan approved by the New York Department of Environmental Conservation. The net sale proceeds are expected to be $3,800. See Note 14 for a discussion of environmental matters related to this site.

Product_Warranty

Product Warranty	9 Months Ended
	Dec. 31, 2014
Product Warranties Disclosures [Abstract]
Product Warranty
	NOTE  6.      Product Warranty
	Generally all equipment has a one year warranty for which a reserve is established using historical averages and specific program contingencies when considered necessary. Changes in the carrying amount of accrued product warranty costs for the nine month period ended December 31, 2014 are summarized as follows:
	Balance at March 31, 2014	$	284
	Warranty costs incurred		(110	)
	Change in estimates to pre-existing warranties		—
	Product warranty accrual		141
	Balance at December 31, 2014	$	315

Other_Current_Liabilities

Other Current Liabilities	9 Months Ended
	Dec. 31, 2014
Other Liabilities Disclosure [Abstract]
Other Current Liabilities
	NOTE  7.     Other Current Liabilities
	Other current liabilities consist of the following:
		December 31,		March 31,
		2014		2014
	Engineering project reserves	$	1,572	$	1,530
	Environmental reserves – Note 14		2,085		1,673
	Accrued medical benefits cost		798		621
	Accrued commissions		529		618
	Other		885		772
	Total	$	5,869	$	5,214

Income_Taxes

Income Taxes	9 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes
	NOTE  8.      Income Taxes
	Income taxes for the nine month period ended December 31, 2014 was computed on the pre-tax income using the effective tax rate estimated to be applicable for the full fiscal year, which is subject to ongoing review and evaluation by management.
	At December 31, 2014, the Company has available an Alternative Minimum Tax Credit of approximately $517 and is available to reduce future federal taxes. A valuation allowance of $1,051 exists relating to other items, as it is management’s belief that it is more likely than not that a portion of this deferred asset is not realizable. An increase in the valuation allowance of $786, is a result of state tax carryforwards that have been determined to be not more likely than not realizable.
	The Company completed its qualitative and quantitative analysis of the available federal and state research and experimental tax credit in the quarter ended December 31, 2014 in order to determine the amount of previously unclaimed credits. The Company recorded a net benefit associated with recognition of the federal and state research and experimental tax credit of $5,020, as reflected in the current fiscal year income tax benefit. With the recognition of the benefit, the Company also recorded a liability relating to uncertain tax positions of $212.  At December 31, 2014, the Company does not expect the liability for uncertain tax positions to change in the next twelve months. The entire amount would be a benefit to the tax expense in the period in which the liability is reduced.

LongTerm_Debt_Payable_to_Banks

Long-Term Debt Payable to Banks	9 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Long-Term Debt Payable to Banks
	NOTE  9.      Long-Term Debt Payable to Banks
	Revolving Credit Facility – The Company has a five-year Revolving Credit Facility (the “Revolving Credit Facility” or “Facility”),which provides the Company with a $20,000 unsecured revolving line of credit with an accordion feature that may increase the amount to 2.5 times EBITDA (as defined in the Facility) to a maximum of $35,000. The term of the Facility is through August 26, 2018.
	The Company has the option, subject to bank approval, during the five-year term of the Revolving Credit Facility, to convert the Facility to a secured credit facility which increases the borrowing limit to 3.5 times EBITDA (as defined in the Facility) up to a maximum of $35,000. As of December 31, 2014, the Company has not exercised this option.
	Amounts outstanding under the Revolving Credit Facility generally accrue interest at a floating rate, adjusted monthly. The floating rate is the then-current London Interbank Offered Rate (“LIBOR”) monthly floating rate plus an applicable margin based on the Company’s ratio of funded debt to EBITDA. The Company also must pay a quarterly unused commitment fee of 0.125%. Amounts outstanding under the Revolving Credit Facility are generally due and payable on the expiration date of the Facility (August 26, 2018), and the Company can elect to prepay some or all of the outstanding balance from time to time without penalty. Up to $8,000 of the available funds can be used to support the issuance of letters of credit. During the first nine months of fiscal 2015, the Revolving Credit Facility had a blended interest rate of approximately 0.125%, which represents a commitment fee on the average daily unused portion of the Facility.
	The Revolving Credit Facility includes customary representations and warranties and requires the Company to comply with customary covenants, including, among other things, the following financial covenants: maintain at least a specified minimum level of tangible net worth; maintain a ratio of funded debt to EBITDA not exceeding a specified amount; and maintain a ratio of EBIT (as defined in the Facility) to cash interest expense not below a specified amount.
	The Revolving Credit Facility does not restrict the Company’s ability to pay cash dividends on shares of its common stock, subject to maintaining $5,000 available under the Facility after the dividend payment and complying with the financial covenants included in the Facility. In addition, the Revolving Credit Facility does not restrict the Company’s ability to acquire or purchase other businesses or their assets provided that the businesses or assets are in a line of business which is substantially similar to the Company’s current business.
	As of December 31, 2014, there were no outstanding borrowings under the Facility, $202 in outstanding (standby) letters of credit, and $19,798 in unsecured revolving line of credit availability. As of December 31, 2014, the Company was in compliance with the covenant provisions of the Facility.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Measurements
	NOTE  10.      Fair Value Measurements
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e. an exit price). The accounting guidance includes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The three levels of the fair value hierarchy are as follows:
	—	Level 1- Unadjusted quoted prices for identical assets or liabilities in active markets;
	—	Level 2- Inputs other than quoted prices in active markets for identical assets or liabilities that are observable whether directly or indirectly for substantially the full term of the asset or liability; and
	—	Level 3- Unobservable inputs for the asset or liability, which include management’s own assumptions about what the assumptions market participants would use in pricing the asset or liability, including assumptions about risk.
	For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company develops unobservable inputs based on the best information and analysis available. The source of this information may include internal Company functional experts and external sources. The analysis includes internal valuation input and judgments and the significance of any unobservable inputs and data.
	The carrying amount reported in the condensed consolidated balance sheets for cash, accounts receivable, accounts payable and accrued expenses approximates fair value because of the short-term maturity of those instruments. The carrying amount for borrowings under the Revolving Credit Facility, if applicable, would approximate fair value because of the variable market interest rate charged to the Company for these borrowings.

Employee_Benefit_Plans

Employee Benefit Plans	9 Months Ended
	Dec. 31, 2014
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans
	NOTE  11.      Employee Benefit Plans
	The Company has a defined contribution plan covering all eligible employees. Contributions are based on certain percentages of an employee’s eligible compensation. Expenses related to this plan were $185 and $596, respectively, for the three and nine month periods ended December 31, 2014 and $234 and $760, respectively, for the three and nine month periods ended December 31, 2013.
	The Company provides postretirement benefits to certain union employees. The Company funds these benefits on a pay-as-you-go basis. The measurement date is March 31.
	In February 2002, the Company’s subsidiary, Seeger-Orbis GmbH & Co. OHG, now known as TransTechnology Germany GmbH (the “Selling Company”), sold its retaining ring business in Germany to Barnes Group Inc. (“Barnes”). German law prohibits the transfer of unfunded pension obligations which have vested for retired and former employees, so the legal responsibility for the pension plan that related to the business (the “Pension Plan”) remained with the Selling Company. At the time of the sale and subsequent to the sale, that pension liability was recorded based on the projected benefit obligation since future compensation levels will not affect the level of pension benefits. The relevant information for the Pension Plan is shown below under the caption Pension Plan. The measurement date is December 31. Barnes has entered into an agreement with the Company whereby Barnes is obligated to administer and discharge the pension obligation as well as indemnify and hold the Selling Company and the Company harmless from these pension obligations. Accordingly, the Company has recorded an asset equal to the benefit obligation for the Pension Plan of $3,075 and $3,479 as of December 31, 2014 and March 31, 2014, respectively. This asset is included in other long-term assets and it is restricted in use to satisfy the legal liability associated with the Pension Plan.
	The net periodic pension cost is based on estimated values provided by independent actuaries. The following tables provide the components of the net periodic benefit cost.
		Postretirement Benefits
		Three Months Ended				Nine Months Ended
		December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013
	Interest cost	$	6	$	7	$	17	$	22
	Amortization of net (gain) loss		—		8		—		23
	Net periodic cost	$	6	$	15	$	17	$	45
		Pension Plan
		Three Months Ended				Nine Months Ended
		December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013
	Interest cost	$	27	$	29	$	84	$	85
	Amortization of net (gain) loss		2		—		7		—
	Net periodic cost	$	29	$	29	$	91	$	85

Concentration_of_Credit_Risk

Concentration of Credit Risk	9 Months Ended
	Dec. 31, 2014
Risks And Uncertainties [Abstract]
Concentration of Credit Risk
	NOTE  12.      Concentration of Credit Risk
	The Company is subject to concentration of credit risk primarily with its cash and accounts receivable. At times, the Company maintains its cash in bank deposit accounts in excess of the FDIC insured amount which is $250. The Company grants credit to certain customers who meet pre-established credit requirements, and generally requires no collateral from its customers. Estimates of potential credit losses are provided for in the Company’s condensed consolidated financial statements and are within management’s expectations. As of December 31, 2014, the Company had no other significant concentrations of credit risk.

New_Accounting_Standards

New Accounting Standards	9 Months Ended
	Dec. 31, 2014
Accounting Changes And Error Corrections [Abstract]
New Accounting Standards
	NOTE  13.      New Accounting Standards
	In June 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers: Topic 606. ASU 2014-09 affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition—Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and intangible assets within the scope of Topic 350, Intangibles—Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.
	The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: Step 1: Identify the contract(s) with a customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to the performance obligations in the contract. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
	For a public entity, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. An entity should apply the amendments in this ASU using one of the following two methods:1. Retrospectively to each prior reporting period 2. Retrospectively with the cumulative effect of initially applying this ASU recognized at the date of initial application. The Company is currently considering the impact that the adoption of this guidance will have on the Company’s financial position, results of operations, or cash flows.

Contingencies_and_Legacy_Envir

Contingencies and Legacy Environmental Commitments	9 Months Ended
	Dec. 31, 2014
Commitments And Contingencies Disclosure [Abstract]
Contingencies and Legacy Environmental Commitments
	NOTE  14.      Contingencies and Legacy Environmental Commitments
	Environmental Matters
	The Company is involved in environmental proceedings and potential proceedings relating to soil and groundwater contamination and other environmental matters at several former facilities that were never required for its current operations. These facilities were part of businesses disposed of by TransTechnology Corporation, the former parent Company. Environmental cleanup activities usually span many years, which make estimating liabilities a matter of judgment because of various factors, including changing remediation technologies, assessments of the extent of contamination, and continually evolving regulatory environmental standards. The Company considers these and other factors as well as studies and reports by external environmental consultants to estimate the amount and timing of any future costs that may be required for remediation actions. The Company follows ASC 450 in recording and disclosing environmental liabilities and records a liability for its best estimate of remediation costs. Because the Company believes it has a more-definitive best estimate of the environmental liability, the Company does not calculate a range in accordance with ASC 450.
	At December 31, 2014 and March 31, 2014, the aggregate environmental liability was $9,431 and $10,323, respectively, included in other current liabilities and other long term liabilities on the condensed consolidated balance sheets, before cost-sharing of approximately $1,346 and $1,918 at December 31, 2014 and March 31, 2014, respectfully, that is included in other current assets and other long term assets, net of fees to be paid to a third party relating to this arrangement.  The Company’s environmental liability reserves are not reduced for any potential cost-sharing reimbursements.
	In the first nine months of fiscal 2015 and the first nine months fiscal 2014, the Company spent $701 and $1,039, respectively, on environmental costs, and for the entire fiscal 2014 the Company spent $1,487. These costs are charged against the environmental liability reserve and do not impact net income . The Company performs quarterly reviews of its environmental sites and the related liabilities.
	The Company continues to participate in environmental assessments and remediation work at seven locations, including certain former facilities. Due to the nature of environmental remediation and monitoring work, such activities can extend for up to thirty years, depending upon the nature of the work, the substances involved, and the regulatory requirements associated with each site. The Company does not discount the recorded liabilities.
	Although the Company takes great care in developing these risk assessments and future cost estimates, the actual amount of remediation costs may be different from those estimated as a result of a number of factors including but not limited to the following: changes to federal and state environmental regulations or laws; changes in local construction costs and the availability of personnel and materials; unforeseen remediation requirements that are not apparent until the work actually commences; and actual remediation expenses that differ from those estimated. The Company does not include any unasserted claims that it might have against others in determining its potential liability for such costs, and, except as noted with specific cost sharing arrangements, has no such arrangements, nor has it taken into consideration any future claims against insurance carriers that the Company may have in determining its environmental liabilities. In those situations where the Company is considered a de minimis participant in a remediation claim, the failure of the larger participants to meet their obligations could result in an increase in the Company’s liability at such a site.
	There are a number of former operating facilities that the Company is monitoring or investigating for potential future remediation. In some cases, although a loss may be probable, it is not possible at this time to reasonably estimate the amount of any obligation for remediation activities because of uncertainties assessing the extent of the contamination or the applicable regulatory standard.
	In addition, and as disclosed below, the Company is also pursuing claims for contribution to site investigation and cleanup costs against other potentially responsible parties (PRPs), including the U.S. Government.
	Glen Head, New York
	In the first quarter of fiscal 2003, the Company entered into a consent order for a former facility in Glen Head, New York, which is currently subject to a contract for sale, pursuant to which the Company developed a remediation plan for review and approval by the New York Department of Environmental Conservation (“NYDEC”). The Company was advised in fiscal 2010 that the NYDEC required additional offsite groundwater delineation studies. Based upon the characterization work performed to date and this latest request, the Company’s reserve is $3,154 for the Glen Head site at December 31, 2014. The amounts and timing of payments are subject to the approved remediation plan and additional discussions with NYDEC.
	The property is classified as “held for sale” for $3,800 after allowing for certain costs. In July 2001, the Company entered into a sales contract for the Glen Head, New York property for $4,000.
	Neither the consent order nor the remediation plan affect the buyer’s obligation to close under the sales contract. The contract does not include a price adjustment clause and, although there are conditions precedent to the buyer’s obligation to close, the contract does not allow for termination. Thus, the buyer cannot unilaterally terminate the contract without liability, a buy-out, or some other settlement negotiated with the Company. There is no set date for closing, and the Company must provide the buyer with a funded remediation plan and environmental insurance prior to the buyer’s obligation to close. The buyer indicated its intent to build residential housing on this former industrial site and has been engaged in the lengthy process of securing the necessary municipal approvals.
	Saltzburg, Pennsylvania (“Federal Labs”)
	The Company sold the business previously operated at the property owned in Saltzburg, Pennsylvania. The Company presented an environmental cleanup plan during the fourth quarter of fiscal 2000 for a portion of Federal Labs site pursuant to a consent order and agreement with the Pennsylvania Department of Environmental Protection (“PaDEP”) in fiscal 1999 (“1999 Consent Order”). PaDEP approved the plan during the third quarter of fiscal 2004, and the Company paid $200 for past costs, future oversight expenses, and in full settlement of claims made by PaDEP related to the environmental remediation of the site with an additional $200 paid subsequently.
	The Company concluded a second consent order with PaDEP in the third quarter of fiscal 2001 for a second portion of the Federal Labs site (“2001 Consent Order”), and concluded a third Consent Order for the remainder of the Federal Labs site in the third quarter of fiscal 2003 (“2003 Consent Order”). The Company submitted an environmental cleanup plan for the portion of the Federal Labs site covered by the 2003 Consent Order during the second quarter of fiscal 2004.
	In the second quarter of fiscal 2014, the Company and the PaDEP executed a first amendment to the 2003 Consent Order for additional remediation work within the site covered by the 2003 Consent Order. The Company submitted an environmental cleanup plan for this additional remediation work during the second quarter of fiscal 2014.
	The Company is administering a settlement, concluded in the first quarter of fiscal 2000, under which the U.S. Government pays 50% of the ongoing direct and indirect environmental costs for the Federal Labs site subject to the 1999 Consent Order. The U.S. Government cost-sharing receivable is classified primarily as other assets on the condensed consolidated balance sheets.
	The Company also concluded an agreement in the first quarter of fiscal 2006, under which the U.S. Government paid an amount equal to 45% of the estimated environmental response costs for the Federal Labs site subject to the 2001 Consent Order. In May 2014, the Pennsylvania Department of Environmental Protection (“PADEP”) approved the final remedial action report for the site subject to the 2001 Consent Order and as a result of this approval the Company believes that no further on-site work is required.  The remaining technical fees from the Company’s technical advisors are not expected to exceed $10.  Accordingly, the Company reduced the environmental reserve by $412 in June 2014.
	Effective May 27, 2014, the Company reached an agreement in principle with the U.S. Government with respect to environmental response costs for the Fed Labs site subject to the 2003 Consent Order. Under this agreement, the U.S. Government pays an amount equal to approximately 26% of the environmental response costs incurred prior to December 31, 2012 and 33.5% of the ongoing environmental response costs incurred thereafter.
	At December 31, 2014, the environmental liability reserve at Federal Labs was $4,264. The Company expects that remediation at this site, which is subject to the oversight of the Pennsylvania authorities, will not be completed for several years, and that monitoring costs, although expected to be incurred over twenty years, could extend for up to thirty years.
	There are other properties that have a combined environmental liability of $2,013 at December 31, 2014.
	The environmental activity is summarized as follows:
	Balance at March 31, 2014	$	10,323
	Environmental costs incurred		(701	)
	Interest accretion		221
	Reduction of environmental reserve-Part of Federal Labs site subject to the 2001 Consent Order		(412	)
	Balance at December 31, 2014	$	9,431
	Litigation
	Certain other claims, suits, and complaints arising in the ordinary course of business have been filed or are pending against us. We believe, after consultation with legal counsel handling these specific matters, all such matters are reserved for or adequately covered by insurance or, if not so covered, are without merit or are of such kind, or involve such amounts, as would not be expected to have a material effect on our financial position or results of operations if determined adversely against us.

Segment_Geographic_Location_an

Segment, Geographic Location and Customer Information	9 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment, Geographic Location and Customer Information
	NOTE  15.      Segment, Geographic Location and Customer Information
	Our products and related services aggregate into one reportable segment - sophisticated mission equipment for specialty aerospace and defense applications. The nature of the production process (assemble, inspect, and test) is similar for all products, as are the customers and distribution methods.
	Net sales of 10% or more of total revenues derived from customers for the three and nine month periods ended December 31, 2014 and 2013 are summarized as follows.
			Three Months Ended						Nine Months Ended
			December 31,			December 31,			December 31,			December 31,
			2014			2013			2014			2013
	Customer A			16	%		14	%		18	%		16	%
	Customer B			*			*			16			*
	Customer C			20			39			15			32
	Customer D			14			12			12			16
	Customer E			11			*			*			*
	*	Represents less than 10% of net sales.
	As of December 31, 2014, 27%, 20% and 14% of net accounts receivable were derived from three major customers, respectively. As of December 31, 2013, 23%, 19% and 18% of net accounts receivable were derived from three major customers, respectively.
	Net sales below show the geographic location of customers for the three and nine month periods ended December 31, 2014 and December 31, 2013:
			Three Months Ended						Nine Months Ended
	Location		December 31,			December 31,			December 31,			December 31,
			2014			2013			2014			2013
	United States		$	14,105		$	17,163		$	32,933		$	39,352
	Germany			2,057			956			8,457			1,282
	Italy			1,652			2,128			3,935			6,987
	England			957			654			2,060			2,643
	Other European countries			1,823			834			4,600			1,850
	Pacific and Far East			1,355			468			3,995			1,615
	Other international			1,290			425			2,849			3,931
	Total		$	23,239		$	22,628		$	58,829		$	57,660

Subsequent_Events

Subsequent Events	9 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events
	NOTE  16.      Subsequent Events
	Management has evaluated all events occurring through the date that the Condensed Consolidated Financial Statements have been issued, and has determined that all such events that are material to the Condensed Consolidated Financial Statements have been fully disclosed.

New_Accounting_Standards_Polic

New Accounting Standards (Policies)	9 Months Ended
	Dec. 31, 2014
Accounting Changes And Error Corrections [Abstract]
New Accounting Standards	In June 2014, the FASB issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers: Topic 606. ASU 2014-09 affects any entity using U.S. GAAP that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition—Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and intangible assets within the scope of Topic 350, Intangibles—Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.
	The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: Step 1: Identify the contract(s) with a customer. Step 2: Identify the performance obligations in the contract. Step 3: Determine the transaction price. Step 4: Allocate the transaction price to the performance obligations in the contract. Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.
	For a public entity, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. An entity should apply the amendments in this ASU using one of the following two methods:1. Retrospectively to each prior reporting period 2. Retrospectively with the cumulative effect of initially applying this ASU recognized at the date of initial application. The Company is currently considering the impact that the adoption of this guidance will have on the Company’s financial position, results of operations, or cash flows.

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Components of Denominator for Basic Earnings Per Common Share and Diluted Earnings Per Common Share	The components of the denominator for basic earnings per common share and diluted earnings per common share are reconciled as follows.
		Three Months Ended				Nine Months Ended
		December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013
	Basic earnings per Common Share:
	Weighted-average common shares outstanding for basic earnings per share calculation		9,816,000		9,667,000		9,766,000		9,625,000
	Diluted earnings per Common Share:
	Weighted-average common shares outstanding		9,816,000		9,667,000		9,766,000		9,625,000
	Stock options (a)		147,000		130,000		179,000		108,000
	Weighted-average common shares outstanding for diluted earnings per share calculation		9,963,000		9,797,000		9,945,000		9,733,000
	(a)	During the three and nine month periods ended December 31, 2014, options to purchase 419,500 and 278,167 shares, respectively, of common stock and during the three and nine month periods ended December 31, 2013, options to purchase 99,000 and 214,000 shares of common stock, respectively, were excluded from the computation of diluted earnings per share because the exercise process of these options were greater than the average market price of the common share and the effect of their conversion would be antidilutive.

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	9 Months Ended
	Dec. 31, 2014
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Option Activity under All Plans and Other Grants	The following table summarizes stock option activity under all Plans and other grants authorized by the Board of Directors.
		Number			Aggregate				Approximate				Weighted-
		of Shares			Intrinsic				Remaining				Average
					Value				Contractual				Exercise
									Term (Years)				Price
	Outstanding at March 31, 2014	851,165			$	1,516				8			$	8.15
	Granted	440,000				—				10				11.45
	Exercised	(88,833	)			339				—				7.46
	Canceled or expired	(10,332	)			—				—				8.59
	Outstanding at December 31, 2014	1,192,000				1,381				8				9.21
	Options exercisable at December 31, 2014	597,000				1,022				8				8.6
	Unvested options expected to become exercisable after December 31, 2014	595,000				407				9				10.04
	Shares available for future option grants at December 31, 2014 (a)	245,376
	(a)	May be decreased by restricted stock grants.
Restricted Stock Award Activity under All Plans	A summary of restricted stock award activity under all Plans follows.
		Number				Weighted –
		of Shares				Average
						Grant Date
						Fair Value
	Non-vested at March 31, 2014		29,807			$	8.93
	Granted		27,930				10.07
	Vested		(22,924	)			9.11
	Cancelled		(3,761	)			9.1
	Non-vested at December 31, 2014		31,052				9.81
Black Scholes Based Option Pricing Model
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Assumptions to Estimate Fair Value of Option Grants	The Company used the following assumptions to estimate the fair value of option grants under the Black-Scholes method:
		Dividend				Volatility				Risk-free				Expected		Forfeiture
		yield								interest rate				term of		adjustment
														options (in
														years)
	2015 $4.61 value per option		0	%		30		%		2.1		%		7		0	%
	2015 $3.85 value per option		0	%		30.9		%		2.2		%		7		0	%
	2015 $3.72 value per option		0	%		30.9		%		2.2		%		7		0	%
	2014 $3.03 value per option		0	%		31.2		%		1.3		%		7		0	%
	2014 $3.01 value per option		0	%		31.2		%		1.3		%		7		0	%
Monte Carlo Simulation
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Assumptions to Estimate Fair Value of Option Grants	The Company used the following assumptions to estimate the fair value of option grants under the Monte Carlo simulation:
			2015 $3.05			2015 $2.49			2015 $2.49		2014 $1.90			2014 $1.71
			value per			value per			value per		value per			value per
			option			option			option		option			option
	Dividend yield		0	%		0	%		0	%	0	%		0	%
	Volatility		32.3	%		33.7	%		33.7	%	34.9	%		34.9	%
	Risk-free interest rate		2.6	%		2.5	%		2.5	%	1.9	%		1.9	%
	Expected term of options (in years)		10			10			10		10			10
	Forfeiture adjustment		1.4	%		1.2	%		1.2	%	1.1	%		1.8	%
	Suboptimal behavior factor		1.6			1.6			1.6		1.7			1.7

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventories	Inventories are summarized as follows:
		December 31,			March 31,
		2014			2014
	Finished goods	$	786		$	2,751
	Work in process		8,865			5,932
	Purchased and manufactured parts		17,753			13,155
			27,404			21,838
	Reserve for slow moving and obsolescence		(2,953	)		(2,929	)
	Total	$	24,451		$	18,909

Property_Equipment_and_Related1

Property, Equipment, and Related Depreciation and Amortization (Tables)	9 Months Ended
	Dec. 31, 2014
Property Plant And Equipment [Abstract]
Average Estimated Useful Lives for Property	Average estimated useful lives for property are as follows:
	Machinery and equipment	3 to 10 years
	Furniture and fixtures	3 to 10 years
	Computer hardware and software	3 to 5 years
	Leasehold improvements	10 years

Product_Warranty_Tables

Product Warranty (Tables)	9 Months Ended
	Dec. 31, 2014
Product Warranties Disclosures [Abstract]
Changes in Carrying Amount of Accrued Product Warranty Costs	Changes in the carrying amount of accrued product warranty costs for the nine month period ended December 31, 2014 are summarized as follows:
	Balance at March 31, 2014	$	284
	Warranty costs incurred		(110	)
	Change in estimates to pre-existing warranties		—
	Product warranty accrual		141
	Balance at December 31, 2014	$	315

Other_Current_Liabilities_Tabl

Other Current Liabilities (Tables)	9 Months Ended
	Dec. 31, 2014
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	Other current liabilities consist of the following:
		December 31,		March 31,
		2014		2014
	Engineering project reserves	$	1,572	$	1,530
	Environmental reserves – Note 14		2,085		1,673
	Accrued medical benefits cost		798		621
	Accrued commissions		529		618
	Other		885		772
	Total	$	5,869	$	5,214

Employee_Benefit_Plans_Tables

Employee Benefit Plans (Tables)	9 Months Ended
	Dec. 31, 2014
Compensation And Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost	The following tables provide the components of the net periodic benefit cost.
		Postretirement Benefits
		Three Months Ended				Nine Months Ended
		December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013
	Interest cost	$	6	$	7	$	17	$	22
	Amortization of net (gain) loss		—		8		—		23
	Net periodic cost	$	6	$	15	$	17	$	45
		Pension Plan
		Three Months Ended				Nine Months Ended
		December 31,		December 31,		December 31,		December 31,
		2014		2013		2014		2013
	Interest cost	$	27	$	29	$	84	$	85
	Amortization of net (gain) loss		2		—		7		—
	Net periodic cost	$	29	$	29	$	91	$	85

Contingencies_and_Legacy_Envir1

Contingencies and Legacy Environmental Commitments (Tables)	9 Months Ended
	Dec. 31, 2014
Commitments And Contingencies Disclosure [Abstract]
Schedule of Environmental Activity	The environmental activity is summarized as follows:
	Balance at March 31, 2014	$	10,323
	Environmental costs incurred		(701	)
	Interest accretion		221
	Reduction of environmental reserve-Part of Federal Labs site subject to the 2001 Consent Order		(412	)
	Balance at December 31, 2014	$	9,431

Segment_Geographic_Location_an1

Segment, Geographic Location and Customer Information (Tables)	9 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Net Sales of 10% or More of Total Revenues Derived from Customers	Net sales of 10% or more of total revenues derived from customers for the three and nine month periods ended December 31, 2014 and 2013 are summarized as follows.
		Three Months Ended						Nine Months Ended
		December 31,			December 31,			December 31,			December 31,
		2014			2013			2014			2013
	Customer A		16	%		14	%		18	%		16	%
	Customer B		*			*			16			*
	Customer C		20			39			15			32
	Customer D		14			12			12			16
	Customer E		11			*			*			*
Net Sales by Geographic Location	Net sales below show the geographic location of customers for the three and nine month periods ended December 31, 2014 and December 31, 2013:
		Three Months Ended						Nine Months Ended
	Location	December 31,			December 31,			December 31,			December 31,
		2014			2013			2014			2013
	United States	$	14,105		$	17,163		$	32,933		$	39,352
	Germany		2,057			956			8,457			1,282
	Italy		1,652			2,128			3,935			6,987
	England		957			654			2,060			2,643
	Other European countries		1,823			834			4,600			1,850
	Pacific and Far East		1,355			468			3,995			1,615
	Other international		1,290			425			2,849			3,931
	Total	$	23,239		$	22,628		$	58,829		$	57,660

Earnings_Per_Share_Components_

Earnings Per Share - Components of Denominator for Basic Earnings Per Common Share and Diluted Earnings Per Common Share (Detail)	3 Months Ended				9 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2014		Dec. 31, 2013
Basic earnings per Common Share:
Weighted-average common shares outstanding for basic earnings per share calculation	9,816,000		9,667,000		9,766,000		9,625,000
Diluted earnings per Common Share:
Weighted-average basic shares outstanding	9,816,000		9,667,000		9,766,000		9,625,000
Stock options	147,000	[1]	130,000	[1]	179,000	[1]	108,000	[1]
Weighted-average common shares outstanding for diluted earnings per share calculation	9,963,000		9,797,000		9,945,000		9,733,000
[1]	During the three and nine month periods ended December 31, 2014, options to purchase 419,500 and 278,167 shares, respectively, of common stock and during the three and nine month periods ended December 31, 2013, options to purchase 99,000 and 214,000 shares of common stock, respectively, were excluded from the computation of diluted earnings per share because the exercise process of these options were greater than the average market price of the common share and the effect of their conversion would be antidilutive.

Earnings_Per_Share_Components_1

Earnings Per Share - Components of Denominator for Basic Earnings Per Common Share and Diluted Earnings Per Common Share (Detail) (Parenthetical)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Options excluded from the computation of diluted earnings per share	419,500	99,000	278,167	214,000

StockBased_Compensation_Additi

Stock-Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended		0 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Mar. 31, 2015	Jun. 16, 2014	Aug. 18, 2014	Jul. 07, 2014
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense, net of tax	$158	$104	$535	$320
Stock-based compensation expense, net of tax, per diluted share	$0.02	$0.01	$0.05	$0.03
Shares of common stock granted	245,376		245,376
Options vesting period, beginning one year after the date of the grant			3 years
Number of Shares, Granted			440,000		158,000
Options valued by Black Scholes pricing model					19,000
Exercise of stock options			662	677
Aggregate intrinsic value of options exercised			339
Unrecognized compensation cost related to stock options granted-but-not-yet-vested that are expected to become exercisable	1,068		1,068
Weighted-average period cost is to be recognized			1 year
Forfeiture provisions lapse period for non-employee directors			1 year
Transfer restrictions lapse period for non-employee directors			6 months
Unrecognized compensation cost related to non-vested restricted stock awards	231		231
Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted						440,000
Options valued by Black Scholes pricing model						55,000
Employee Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock option compensation expense			681		362
Taxes related to stock option compensation expense			252		138
Weighted-average period cost is to be recognized			2 years
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock option compensation expense			168		155
Taxes related to stock option compensation expense			$62		59
Black Scholes Based Option Pricing Model | 2015 $4.61 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$4.61
Black Scholes Based Option Pricing Model | 2015 $4.61 Value Per Option | Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted						4.61
Black Scholes Based Option Pricing Model | 2015 $3.85 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$3.85
Black Scholes Based Option Pricing Model | 2015 $3.85 Value Per Option | Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted						3.85
Black Scholes Based Option Pricing Model | 2015 $3.72 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$3.72
Black Scholes Based Option Pricing Model | 2015 $3.72 Value Per Option | Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted						3.72
Black Scholes Based Option Pricing Model | 2014 $3.03 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$3.03		3.03
Black Scholes Based Option Pricing Model | 2014 $3.01 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$3.01		3.01
Monte Carlo Simulation
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted					139,000
Monte Carlo Simulation | Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted						385,000
Monte Carlo Simulation | 2015 $3.05 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$3.05
Monte Carlo Simulation | 2015 $3.05 Value Per Option | Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted						3.05
Monte Carlo Simulation | 2015 $2.49 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$2.49
Monte Carlo Simulation | 2015 $2.49 Value Per Option | Scenario, Forecast
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted						2.49
Monte Carlo Simulation | 2014 $1.90 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$1.90		1.9
Monte Carlo Simulation | 2014 $1.71 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted			$1.71		1.71
Chief Financial Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted							200,000
Weighted-average value per option granted							$12.78
Vice President
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted								200,000
Weighted-average value per option granted								$10.40
Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expiration period			10 years
2012 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares of common stock granted	750,000		750,000
Shares of common stock granted, expiration date			31-Oct-22
2012 Plan | Chief Financial Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted									150,000
2006 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares of common stock granted	500,000		500,000
Shares of common stock granted, expiration date			31-Jul-16
2006 Plan | Chief Financial Officer
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted									50,000
2004 Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares of common stock granted, expiration date			30-Sep-14

StockBased_Compensation_Assump

Stock-Based Compensation - Assumptions to Estimate Fair Value of Option Grants (Detail)	9 Months Ended
	Dec. 31, 2014
2015 $4.61 Value Per Option | Black Scholes Based Option Pricing Model
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	30.00%
Risk-free interest rate	2.10%
Expected term of options (in years)	7 years
Forfeiture adjustment	0.00%
2015 $3.85 Value Per Option | Black Scholes Based Option Pricing Model
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	30.90%
Risk-free interest rate	2.20%
Expected term of options (in years)	7 years
Forfeiture adjustment	0.00%
2015 $3.72 Value Per Option | Black Scholes Based Option Pricing Model
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	30.90%
Risk-free interest rate	2.20%
Expected term of options (in years)	7 years
Forfeiture adjustment	0.00%
2014 $3.03 Value Per Option | Black Scholes Based Option Pricing Model
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	31.20%
Risk-free interest rate	1.30%
Expected term of options (in years)	7 years
Forfeiture adjustment	0.00%
2014 $3.01 Value Per Option | Black Scholes Based Option Pricing Model
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	31.20%
Risk-free interest rate	1.30%
Expected term of options (in years)	7 years
Forfeiture adjustment	0.00%
2015 $3.05 Value Per Option | Monte Carlo Simulation
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	32.30%
Risk-free interest rate	2.60%
Expected term of options (in years)	10 years
Forfeiture adjustment	1.40%
Suboptimal behavior factor	1.6
2015 $2.49 Value Per Option | Monte Carlo Simulation
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	33.70%
Risk-free interest rate	2.50%
Expected term of options (in years)	10 years
Forfeiture adjustment	1.20%
Suboptimal behavior factor	1.6
2014 $1.90 Value Per Option | Monte Carlo Simulation
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	34.90%
Risk-free interest rate	1.90%
Expected term of options (in years)	10 years
Forfeiture adjustment	1.10%
Suboptimal behavior factor	1.7
2014 $1.71 Value Per Option | Monte Carlo Simulation
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Dividend yield	0.00%
Volatility	34.90%
Risk-free interest rate	1.90%
Expected term of options (in years)	10 years
Forfeiture adjustment	1.80%
Suboptimal behavior factor	1.7

StockBased_Compensation_Assump1

Stock-Based Compensation - Assumptions to Estimate Fair Value of Option Grants (Parenthetical) (Detail) (USD $)	9 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2014
Black Scholes Based Option Pricing Model | 2015 $4.61 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$4.61
Black Scholes Based Option Pricing Model | 2015 $3.85 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$3.85
Black Scholes Based Option Pricing Model | 2015 $3.72 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$3.72
Black Scholes Based Option Pricing Model | 2014 $3.03 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$3.03	$3.03
Black Scholes Based Option Pricing Model | 2014 $3.01 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$3.01	$3.01
Monte Carlo Simulation | 2015 $3.05 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$3.05
Monte Carlo Simulation | 2015 $2.49 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$2.49
Monte Carlo Simulation | 2014 $1.90 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$1.90	$1.90
Monte Carlo Simulation | 2014 $1.71 Value Per Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average value per option granted	$1.71	$1.71

StockBased_Compensation_Stock_

Stock-Based Compensation - Stock Option Activity under All Plans and Other Grants (Detail) (USD $)	9 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Mar. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Shares, Outstanding, Beginning Balance	851,165
Number of Shares, Granted	440,000	158,000
Number of Shares, Exercised	-88,833
Number of Shares, Canceled or expired	-10,332
Number of Shares, Outstanding, Ending Balance	1,192,000	851,165
Number of Shares, Options exercisable at December 31, 2014	597,000
Number of Shares, Unvested options expected to become exercisable after December 31, 2014	595,000
Number of Shares, Shares available for future option grants at December 31, 2014	245,376
Aggregate Intrinsic Value, Outstanding, Beginning Balance	$1,516
Aggregate Intrinsic Value, Exercised	339
Aggregate Intrinsic Value, Outstanding, Ending Balance	1,381	1,516
Aggregate Intrinsic Value, Options exercisable at December 31, 2014	1,022
Aggregate Intrinsic Value, Unvested options expected to become exercisable after December 31, 2014	$407
Approximate Remaining Contractual Term, Outstanding	8 years	8 years
Approximate Remaining Contractual Term, Granted	10 years
Approximate Remaining Contractual Term, Options exercisable at December 31, 2014	8 years
Approximate Remaining Contractual Term, Unvested options expected to become exercisable after December 31, 2014	9 years
Weighted-Average Exercise Price Outstanding, Beginning Balance	$8.15
Weighted-Average Exercise Price, Granted	$11.45
Weighted-Average Exercise Price, Exercised	$7.46
Weighted-Average Exercise Price, Canceled or expired	$8.59
Weighted-Average Exercise Price, Outstanding, Ending Balance	$9.21	$8.15
Weighted-Average Exercise Price, Options exercisable at December 31, 2014	$8.60
Weighted-Average Exercise Price, Unvested options expected to become exercisable after December 31, 2014	$10.04

StockBased_Compensation_Restri

Stock-Based Compensation - Restricted Stock Award Activity under All Plans (Detail) (USD $)	9 Months Ended
	Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Shares Non-vested, Beginning Balance	29,807
Number of Shares, Granted	27,930
Number of Shares, Vested	-22,924
Number of Shares, Cancelled	-3,761
Number of Shares Non-vested, Ending Balance	31,052
Weighted-Average Grant Date Fair Value Non-vested, Beginning Balance	$8.93
Weighted-Average Grand Date Fair Value, Granted	$10.07
Weighted-Average Grand Date Fair Value, Vested	$9.11
Weighted-Average Grand Date Fair Value, Cancelled	$9.10
Weighted-Average Grant Date Fair Value Non-vested, Ending Balance	$9.81

Inventories_Inventories_Detail

Inventories - Inventories (Detail) (USD $)	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Finished goods	$786	$2,751
Work in process	8,865	5,932
Purchased and manufactured parts	17,753	13,155
Inventories, gross	27,404	21,838
Reserve for slow moving and obsolescence	-2,953	-2,929
Total	$24,451	$18,909

Inventories_Additional_Informa

Inventories - Additional Information (Detail)	9 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
Age inventory showed little movement	5 years
Percentage of purchases scrapped	1.10%

Property_Equipment_and_Related2

Property, Equipment, and Related Depreciation and Amortization - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Property Plant And Equipment [Abstract]
Depreciation and amortization expense	$309	$328	$1,042	$998
Expected net sale proceeds			$3,800

Property_Equipment_and_Related3

Property, Equipment, and Related Depreciation and Amortization - Average Estimated Useful Lives for Property (Detail)	9 Months Ended
	Dec. 31, 2014
Machinery and equipment | Minimum
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	3 years
Machinery and equipment | Maximum
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	10 years
Furniture and Fixtures | Minimum
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	3 years
Furniture and Fixtures | Maximum
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	10 years
Computer Hardware And Software | Minimum
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	3 years
Computer Hardware And Software | Maximum
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	5 years
Leasehold improvements
Property Plant And Equipment [Line Items]
Average estimated useful lives of property	10 years

Product_Warranty_Additional_In

Product Warranty - Additional Information (Detail)	9 Months Ended
	Dec. 31, 2014
Product Warranties Disclosures [Abstract]
Warranty for the equipment	1 year

Product_Warranty_Changes_in_Ca

Product Warranty - Changes in Carrying Amount of Accrued Product Warranty Costs (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Product Warranties Disclosures [Abstract]
Balance at March 31, 2014	$284
Warranty costs incurred	-110
Product warranty accrual	141
Balance at December 31, 2014	$315

Other_Current_Liabilities_Othe

Other Current Liabilities - Other Current Liabilities (Detail) (USD $)	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Other Liabilities Disclosure [Abstract]
Engineering project reserves	$1,572	$1,530
Environmental reserves	2,085	1,673
Accrued medical benefits cost	798	621
Accrued commissions	529	618
Other	885	772
Total	$5,869	$5,214

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Alternative Minimum Tax Credit	$517
Valuation allowance	1,051
Increase in valuation allowance	786
Federal and state research and experimental tax credit	5,020
Liability relating to uncertain tax positions	212
Unrecognized Tax Benefits	$0

LongTerm_Debt_Payable_to_Banks1

Long-Term Debt Payable to Banks - Additional Information (Detail) (Revolving Credit Facility, USD $)	9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Line Of Credit Facility [Line Items]
Unused borrowing commitment fee	0.13%
Revolving credit facility expiration date	26-Aug-18
Revolving credit facility	$0
Line of Credit Facility, Commitment Fee Percentage	0.13%
Minimum borrowing capacity after dividend payment	5,000
Outstanding letters of credit	202
Maximum
Line Of Credit Facility [Line Items]
Revolving credit facility	8,000
Unsecured Debt
Line Of Credit Facility [Line Items]
Senior credit facility period	5 years
Senior credit facility	20,000
Line of credit, maximum borrowing capacity	35,000
Revolving Line of credit Description	accordion feature that may increase the amount to 2.5 times EBITDA
Option to convert Revolving Credit Facility, description	The Company has the option, subject to bank approval, during the five-year term of the Revolving Credit Facility, to convert the Facility to a secured credit facility which increases the borrowing limit to 3.5 times EBITDA (as defined in the Facility) up to a maximum of $35,000. As of December 31, 2014, the Company has not exercised this option.
Line of credit, remaining borrowing capacity	$19,798

Employee_Benefit_Plans_Additio

Employee Benefit Plans - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Compensation And Retirement Disclosure [Abstract]
Defined contribution plan expenses	$185	$234	$596	$760
Defined Benefit Plan, Fair Value of Plan Assets	$3,075		$3,075		$3,479

Employee_Benefit_Plans_Compone

Employee Benefit Plans - Components of Net Periodic Benefit Cost (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$6	$7	$17	$22
Amortization of net (gain) loss		8		23
Net periodic cost	6	15	17	45
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Interest cost	27	29	84	85
Amortization of net (gain) loss	2		7
Net periodic cost	$29	$29	$91	$85

Concentration_of_Credit_Risk_A

Concentration of Credit Risk - Additional Information (Detail) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Risks And Uncertainties [Abstract]
Cash in bank deposit accounts in excess of the FDIC insured amount	$250

Contingencies_and_Legacy_Envir2

Contingencies and Legacy Environmental Commitments - Additional Information (Detail) (USD $)	9 Months Ended		12 Months Ended	1 Months Ended	0 Months Ended	1 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Jul. 31, 2001	27-May-14	Jun. 30, 2014	Jun. 30, 2005	Dec. 31, 2003	Jun. 30, 1999
	Location
Site Contingency [Line Items]
Aggregate environmental liability	$9,431		$10,323
Cost-sharing related to environmental liabilities	1,346		1,918
Environmental costs	701	1,039	1,487
Number of locations for participating in environmental assessments and remediation work	7
Time frame for environmental liabilities	30 years
Real estate held for sale	3,800		3,800
Decrease in environmental reserve	412
Glen Head, New York
Site Contingency [Line Items]
Aggregate environmental liability	3,154
Real estate held for sale	3,800
Sale of environmental remediation property				4,000
Federal Labs
Site Contingency [Line Items]
Aggregate environmental liability	4,264
Environmental costs								200
Additional environmental remediation expense								200
Percentage of environmental costs paid by Federal Government							45.00%		50.00%
Maximum technical and oversight fees	10
Decrease in environmental reserve						412
Percentage of environmental costs payable					26.00%
Percentage of environmental costs payable thereafter					33.50%
Federal Labs | Minimum
Site Contingency [Line Items]
Time frame for environmental liabilities	20 years
Federal Labs | Maximum
Site Contingency [Line Items]
Time frame for environmental liabilities	30 years
Other Properties
Site Contingency [Line Items]
Aggregate environmental liability	$2,013

Contingencies_and_Legacy_Envir3

Contingencies and Legacy Environmental Commitments - Schedule of Environmental Activity (Detail) (USD $)	9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
Environmental Remediation Obligations [Abstract]
Environmental activity, Beginning balance	$10,323
Environmental costs incurred	-701	-1,039	-1,487
Interest accretion	221
Reduction of environmental reserve-Part of Federal Labs site subject to the 2001 Consent Order	-412
Environmental activity, Ending balance	$9,431		$10,323

Segment_Geographic_Location_an2

Segment, Geographic Location and Customer Information - Additional Information (Detail)	9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Revenues From External Customers And Long Lived Assets [Line Items]
Number of reportable segments	1
Customers accounted for more than ten percent of accounts receivables	3	3
Net Accounts Receivable | Customer 1
Revenues From External Customers And Long Lived Assets [Line Items]
Percentage of accounts receivable from major customers	27.00%	23.00%
Net Accounts Receivable | Customer 2
Revenues From External Customers And Long Lived Assets [Line Items]
Percentage of accounts receivable from major customers	20.00%	19.00%
Net Accounts Receivable | Customer 3
Revenues From External Customers And Long Lived Assets [Line Items]
Percentage of accounts receivable from major customers	14.00%	18.00%

Segment_Geographic_Location_an3

Segment, Geographic Location and Customer Information - Net Sales of 10% or More of Total Revenues Derived from Customers (Detail) (Net Sales)	3 Months Ended				9 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2014		Dec. 31, 2013
Customer A
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers	16.00%		14.00%		18.00%		16.00%
Customer B
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers		[1]		[1]	16.00%			[1]
Customer C
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers	20.00%		39.00%		15.00%		32.00%
Customer D
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers	14.00%		12.00%		12.00%		16.00%
Customer E
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers	11.00%			[1]		[1]		[1]
[1]	Represents less than 10% of net sales.

Segment_Geographic_Location_an4

Segment, Geographic Location and Customer Information - Net Sales of 10% or More of Total Revenues Derived from Customers (Parenthetical) (Detail) (Net Sales)	3 Months Ended				9 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2014		Dec. 31, 2013
Customer B
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers		[1]		[1]	16.00%			[1]
Customer E
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers	11.00%			[1]		[1]		[1]
Maximum | Customer B
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers	10.00%		10.00%				10.00%
Maximum | Customer E
Entity Wide Revenue Major Customer [Line Items]
Percentage of net sales made to customers			10.00%		10.00%		10.00%
[1]	Represents less than 10% of net sales.

Segment_Geographic_Location_an5

Segment, Geographic Location and Customer Information - Net Sales by Geographic Location (Detail) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	$23,239	$22,628	$58,829	$57,660
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	14,105	17,163	32,933	39,352
Germany
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	2,057	956	8,457	1,282
Italy
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	1,652	2,128	3,935	6,987
England
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	957	654	2,060	2,643
Other European Countries
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	1,823	834	4,600	1,850
Pacific And Far East
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	1,355	468	3,995	1,615
Other international
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales by geographic location	$1,290	$425	$2,849	$3,931