XML 49 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of Estimated Economic Useful Lives of Property and Equipment

The Company provides for depreciation on property and equipment using the straight-line method by charges to operations in amounts that allocate the cost of depreciable assets over their estimated lives as follows:

 

Asset Classification

Estimated Useful Life

Leasehold Improvements

Shorter of 5 years or the life of lease

Furniture and Equipment

5 to 7 years

Computer Hardware

2 to 5 years

Computer Software

3 to 5 years

 

Schedule of Earnings Per Share Basic and Diluted

The difference between the basic shares and the diluted shares for each of the fiscal years ended March 31, 2018, 2017 and 2016 is as follows:

 

 

 

Fiscal 2018

 

 

Fiscal 2017

 

 

Fiscal 2016

 

Basic weighted shares

 

 

18,825,000

 

 

 

19,418,000

 

 

 

19,826,000

 

Treasury stock impact of stock options

 

 

217,000

 

 

 

152,000

 

 

 

178,000

 

Diluted weighted  shares

 

 

19,042,000

 

 

 

19,570,000

 

 

 

20,004,000