v2.4.0.8

Weighted Average Shares and Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2013

Weighted Average Shares and Net Income Per Share [Abstract]

Calculations of the basic and diluted weighted shares

The calculations of the basic and diluted weighted shares for the three months ended June 30, 2012 and 2013, are as follows:

		Three Months Ended June 30,
		2012				2013
Net Income		$	6,596,000			$	8,609,000
Basic:
Weighted average common shares outstanding			22,626,000				21,396,000
Net Income per share		$	0.29			$	0.40
Diluted:
Weighted average common shares outstanding			22,626,000				21,396,000
Treasury stock impact of stock options			226,000				188,000
Total common and common equivalent shares			22,852,000				21,584,000
Net Income per share		$	0.29			$	0.40

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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