<table>

<tbody><tr style="vertical-align: bottom">

    <td nowrap="" style="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td nowrap="" style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="6" nowrap="" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended<br>

 September 30,</td><td nowrap="" style="padding-bottom: 1pt">&nbsp;</td><td nowrap="" style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="6" nowrap="" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended <br>September 30,</td><td nowrap="" style="padding-bottom: 1pt">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">2013</td><td style="padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">2012</td><td style="padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">2013</td><td style="padding-bottom: 1pt">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td colspan="2" style="text-align: center; border-bottom: Black 1pt solid">2012</td><td style="padding-bottom: 1pt">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td colspan="2" style="text-align: center">&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td>

    <td colspan="2" style="text-align: center">&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td>

    <td colspan="2" style="text-align: center">&nbsp;</td><td>&nbsp;</td><td>&nbsp;</td>

    <td colspan="2" style="text-align: center">&nbsp;</td><td>&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="width: 48%; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Sales</td><td style="width: 3%; padding-bottom: 1pt">&nbsp;</td>

    <td style="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1pt solid; text-align: right">33,391,183</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="width: 3%; padding-bottom: 1pt">&nbsp;</td>

    <td style="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1pt solid; text-align: right">32,998,359</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="width: 3%; padding-bottom: 1pt">&nbsp;</td>

    <td style="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1pt solid; text-align: right">64,192,333</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="width: 3%; padding-bottom: 1pt">&nbsp;</td>

    <td style="width: 1%; border-bottom: Black 1pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1pt solid; text-align: right">68,434,886</td><td style="width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-left: 8.65pt; text-indent: -8.65pt">Operating expenses:</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-left: 25.95pt; text-indent: -8.65pt">Reimbursable program costs and expenses</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">7,163,886</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">5,748,872</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">13,489,103</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">12,025,445</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; text-indent: -8.65pt; padding-left: 25.95pt">Outside production and other program expenses</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">15,789,759</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">16,636,429</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">30,344,738</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">34,755,719</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-left: 25.95pt; text-indent: -8.65pt">Compensation expense</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">7,846,666</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">7,587,441</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">15,574,222</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">15,318,370</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 25.95pt; text-indent: -8.65pt">General and administrative expenses</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,915,087</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,862,813</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">3,790,357</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">3,658,534</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Total operating expenses</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">32,715,398</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">31,835,555</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">63,198,420</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">65,758,068</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-left: 8.65pt; text-indent: -8.65pt">Operating income</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">675,785</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">1,162,804</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">993,913</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">2,676,818</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-left: 8.65pt; text-indent: -8.65pt">Interest income, net</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">277</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">260</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">530</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">516</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Fair value adjustments to compound embedded derivatives</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">739,362</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">(196,809</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,053,192</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">(808,511</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt">Income before provision for income taxes</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">1,415,424</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">966,255</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">2,047,635</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">1,868,823</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Provision for income taxes</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">270,000</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">393,000</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">396,000</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td><td style="padding-bottom: 1pt">&nbsp;</td>

    <td style="border-bottom: Black 1pt solid; text-align: left">&nbsp;</td><td style="border-bottom: Black 1pt solid; text-align: right">1,039,000</td><td style="padding-bottom: 1pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="text-align: left; padding-bottom: 2.5pt; text-indent: -8.65pt; padding-left: 8.65pt">Net income</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,145,424</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">573,255</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,651,635</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">829,823</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="text-indent: -8.65pt; padding-left: 8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="padding-bottom: 2.5pt; text-indent: -8.65pt; padding-left: 8.65pt">Basic earnings per share</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.14</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.07</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.20</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.10</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="padding-bottom: 2.5pt; text-indent: -8.65pt; padding-left: 8.65pt">Diluted earnings per share</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.07</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.04</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.10</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td><td style="padding-bottom: 2.5pt">&nbsp;</td>

    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">.05</td><td style="padding-bottom: 2.5pt; text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom">

    <td style="text-indent: -8.65pt; padding-left: 8.65pt">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="text-indent: -8.65pt; padding-left: 8.65pt">Weighted average number of common shares outstanding:</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">&nbsp;</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: rgb(204,238,204)">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">Basic</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">8,312,891</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">8,325,891</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">8,225,947</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">8,240,528</td><td style="text-align: left">&nbsp;</td></tr>

<tr style="vertical-align: bottom; background-color: White">

    <td style="padding-left: 8.65pt; text-indent: -8.65pt">Diluted</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">17,267,193</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">16,210,304</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">17,265,064</td><td style="text-align: left">&nbsp;</td><td>&nbsp;</td>

    <td style="text-align: left">&nbsp;</td><td style="text-align: right">16,100,638</td><td style="text-align: left">&nbsp;</td></tr>

</tbody></table>
<table>
<tbody><tr>
<td> </td><td> </td>
<td>Three Months Ended<br/>

 September 30,</td><td> </td><td> </td>
<td>Six Months Ended <br/>September 30,</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td>2013</td><td> </td><td> </td>
<td>2012</td><td> </td><td> </td>
<td>2013</td><td> </td><td> </td>
<td>2012</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td>
<td> </td><td> </td></tr>
<tr>
<td>Sales</td><td> </td>
<td>$</td><td>33,391,183</td><td> </td><td> </td>
<td>$</td><td>32,998,359</td><td> </td><td> </td>
<td>$</td><td>64,192,333</td><td> </td><td> </td>
<td>$</td><td>68,434,886</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Operating expenses:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Reimbursable program costs and expenses</td><td> </td>
<td> </td><td>7,163,886</td><td> </td><td> </td>
<td> </td><td>5,748,872</td><td> </td><td> </td>
<td> </td><td>13,489,103</td><td> </td><td> </td>
<td> </td><td>12,025,445</td><td> </td></tr>
<tr>
<td>Outside production and other program expenses</td><td> </td>
<td> </td><td>15,789,759</td><td> </td><td> </td>
<td> </td><td>16,636,429</td><td> </td><td> </td>
<td> </td><td>30,344,738</td><td> </td><td> </td>
<td> </td><td>34,755,719</td><td> </td></tr>
<tr>
<td>Compensation expense</td><td> </td>
<td> </td><td>7,846,666</td><td> </td><td> </td>
<td> </td><td>7,587,441</td><td> </td><td> </td>
<td> </td><td>15,574,222</td><td> </td><td> </td>
<td> </td><td>15,318,370</td><td> </td></tr>
<tr>
<td>General and administrative expenses</td><td> </td>
<td> </td><td>1,915,087</td><td> </td><td> </td>
<td> </td><td>1,862,813</td><td> </td><td> </td>
<td> </td><td>3,790,357</td><td> </td><td> </td>
<td> </td><td>3,658,534</td><td> </td></tr>
<tr>
<td>Total operating expenses</td><td> </td>
<td> </td><td>32,715,398</td><td> </td><td> </td>
<td> </td><td>31,835,555</td><td> </td><td> </td>
<td> </td><td>63,198,420</td><td> </td><td> </td>
<td> </td><td>65,758,068</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Operating income</td><td> </td>
<td> </td><td>675,785</td><td> </td><td> </td>
<td> </td><td>1,162,804</td><td> </td><td> </td>
<td> </td><td>993,913</td><td> </td><td> </td>
<td> </td><td>2,676,818</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Interest income, net</td><td> </td>
<td> </td><td>277</td><td> </td><td> </td>
<td> </td><td>260</td><td> </td><td> </td>
<td> </td><td>530</td><td> </td><td> </td>
<td> </td><td>516</td><td> </td></tr>
<tr>
<td>Fair value adjustments to compound embedded derivatives</td><td> </td>
<td> </td><td>739,362</td><td> </td><td> </td>
<td> </td><td>(196,809</td><td>)</td><td> </td>
<td> </td><td>1,053,192</td><td> </td><td> </td>
<td> </td><td>(808,511</td><td>)</td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Income before provision for income taxes</td><td> </td>
<td> </td><td>1,415,424</td><td> </td><td> </td>
<td> </td><td>966,255</td><td> </td><td> </td>
<td> </td><td>2,047,635</td><td> </td><td> </td>
<td> </td><td>1,868,823</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Provision for income taxes</td><td> </td>
<td> </td><td>270,000</td><td> </td><td> </td>
<td> </td><td>393,000</td><td> </td><td> </td>
<td> </td><td>396,000</td><td> </td><td> </td>
<td> </td><td>1,039,000</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Net income</td><td> </td>
<td>$</td><td>1,145,424</td><td> </td><td> </td>
<td>$</td><td>573,255</td><td> </td><td> </td>
<td>$</td><td>1,651,635</td><td> </td><td> </td>
<td>$</td><td>829,823</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Basic earnings per share</td><td> </td>
<td>$</td><td>.14</td><td> </td><td> </td>
<td>$</td><td>.07</td><td> </td><td> </td>
<td>$</td><td>.20</td><td> </td><td> </td>
<td>$</td><td>.10</td><td> </td></tr>
<tr>
<td>Diluted earnings per share</td><td> </td>
<td>$</td><td>.07</td><td> </td><td> </td>
<td>$</td><td>.04</td><td> </td><td> </td>
<td>$</td><td>.10</td><td> </td><td> </td>
<td>$</td><td>.05</td><td> </td></tr>
<tr>
<td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Weighted average number of common shares outstanding:</td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td><td> </td>
<td> </td><td> </td><td> </td></tr>
<tr>
<td>Basic</td><td> </td>
<td> </td><td>8,312,891</td><td> </td><td> </td>
<td> </td><td>8,325,891</td><td> </td><td> </td>
<td> </td><td>8,225,947</td><td> </td><td> </td>
<td> </td><td>8,240,528</td><td> </td></tr>
<tr>
<td>Diluted</td><td> </td>
<td> </td><td>17,267,193</td><td> </td><td> </td>
<td> </td><td>16,210,304</td><td> </td><td> </td>
<td> </td><td>17,265,064</td><td> </td><td> </td>
<td> </td><td>16,100,638</td><td> </td></tr>
</tbody></table>