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Earnings Per Share | 6 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | 8. Earnings per Share The following data shows the amounts used in computing earnings per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares.
| Three Months Ended September 30, |  |  | Six Months Ended September 30, |
(In thousands, except per share data) | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 3,576 |  |  | $ | 982 |  |  | $ | 6,615 |  |  | $ | 2,954 |
Series A convertible preferred stock dividends |  | (459 | ) |  |  | (459 | ) |  |  | (918 | ) |  |  | (918 | )
Net income attributable to common shareholders | $ | 3,117 |  |  | $ | 523 |  |  | $ | 5,697 |  |  | $ | 2,036 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - basic |  | 24,652 |  |  |  | 24,451 |  |  |  | 24,625 |  |  |  | 24,233 |
Dilutive SSARs |  | 992 |  |  |  | 892 |  |  |  | 881 |  |  |  | 1,005 |
Dilutive unvested restricted shares |  | 139 |  |  |  | 66 |  |  |  | 85 |  |  |  | 58 |
Weighted average shares outstanding - diluted |  | 25,783 |  |  |  | 25,409 |  |  |  | 25,591 |  |  |  | 25,296 |
Income per share - basic: | $ | 0.13 |  |  | $ | 0.02 |  |  | $ | 0.23 |  |  | $ | 0.08 |
Income per share - diluted: | $ | 0.12 |  |  | $ | 0.02 |  |  | $ | 0.22 |  |  | $ | 0.08 |
Anti-dilutive SSARs, restricted shares, performance shares and preferred shares |  | 1,735 |  |  |  | 1,735 |  |  |  | 1,736 |  |  |  | 1,735 |
Basic income per share is computed as net income attributable to common shareholders divided by the weighted average basic shares outstanding. The outstanding shares used to calculate the weighted average basic shares excludes 377,491 and 139,332 of restricted shares at September 30, 2022 and 2021, respectively, as these shares were issued but were not vested and therefore, not considered outstanding for purposes of computing basic income per share at the balance sheet dates. Diluted income per share includes the effect of all potentially dilutive securities on earnings per share. We have stock-settled appreciation rights ("SSARs"), unvested restricted shares, and preferred shares that are potentially dilutive securities. When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation grants because doing so would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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