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Weighted Average Shares and Net Income Per Share (Tables)
6 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Calculations of Basic and Diluted Weighted Average Common Shares The following table sets forth the calculations of the basic and diluted weighted average common shares for the three and six months ended September 30, 2025 and 2024:

 

 

 

Three Months Ended

 

 

 

September 30, 2025

 

 

September 30, 2024

 

Net Income

 

$

27,906,000

 

 

$

23,398,000

 

Basic:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

51,314,000

 

 

 

51,399,000

 

Net Income per share

 

$

0.54

 

 

$

0.46

 

Diluted:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

51,314,000

 

 

 

51,399,000

 

Treasury stock impact of stock options

 

 

409,000

 

 

 

624,000

 

Total common and common equivalent shares

 

 

51,723,000

 

 

 

52,023,000

 

Net Income per share

 

$

0.54

 

 

$

0.45

 

 

 

 

Six Months Ended

 

 

 

September 30, 2025

 

 

September 30, 2024

 

Net Income

 

$

55,141,000

 

 

$

44,975,000

 

Basic:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

51,333,000

 

 

 

51,381,000

 

Net Income per share

 

$

1.07

 

 

$

0.88

 

Diluted:

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

51,333,000

 

 

 

51,381,000

 

Treasury stock impact of stock options

 

 

484,000

 

 

 

600,000

 

Total common and common equivalent shares

 

 

51,817,000

 

 

 

51,981,000

 

Net Income per share

 

$

1.06

 

 

$

0.87