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Earnings Per Share | 6 Months Ended
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Sep. 30, 2024
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) | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 1,364 |  |  | $ | 4,545 |  |  | $ | 15,470 |  |  | $ | 6,093 |
Series A convertible preferred stock dividends |  | — |  |  |  | (459 | ) |  |  | — |  |  |  | (918 | )
Net income attributable to common shareholders | $ | 1,364 |  |  | $ | 4,086 |  |  | $ | 15,470 |  |  | $ | 5,175 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - basic |  | 27,533 |  |  |  | 25,022 |  |  |  | 27,335 |  |  |  | 24,979 |
Dilutive SSARs |  | 432 |  |  |  | 919 |  |  |  | 571 |  |  |  | 964 |
Dilutive unvested restricted shares |  | 262 |  |  |  | 171 |  |  |  | 268 |  |  |  | 201 |
Dilutive unvested restricted stock units |  | 30 |  |  |  | 5 |  |  |  | 28 |  |  |  | 4 |
Weighted average shares outstanding - diluted |  | 28,257 |  |  |  | 26,117 |  |  |  | 28,202 |  |  |  | 26,148 |
Income per share - basic: | $ | 0.05 |  |  | $ | 0.16 |  |  | $ | 0.57 |  |  | $ | 0.21 |
Income per share - diluted: | $ | 0.05 |  |  | $ | 0.16 |  |  | $ | 0.55 |  |  | $ | 0.20 |
Anti-dilutive SSARs, restricted shares, performance shares and preferred shares |  | — |  |  |  | 1,735 |  |  |  | 24 |  |  |  | 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 345,625 and 326,290 of restricted shares at September 30, 2024 and 2023, 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 impact of all potentially dilutive securities on earnings per share. We have stock-settled appreciation rights (SSARs), restricted shares, restricted stock units, and preferred shares that are potentially dilutive securities.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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