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COMPUTATION OF EARNINGS PER SHARE (Tables)
3 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Common Shares Outstanding

The calculation of basic and diluted common shares outstanding is as follows:

 

 

 

For the Three Months Ended June 30,

 

 

 

2020

 

 

2019

 

Weighted Average Shares of Common Stock Outstanding

 

 

41,410,794

 

 

 

43,870,222

 

Effect of Dilutive Shares:

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

130,687

 

 

 

750,654

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(61,690

)

 

 

(591,647

)

Restricted Stock Units

 

 

83,477

 

 

 

120,982

 

Weighted Average Common Stock and Dilutive Securities Outstanding

 

 

41,563,268

 

 

 

44,150,211

 

Shares Excluded Due to Anti-dilution Effects

 

 

1,065,648

 

 

 

327,761