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Earnings per Share | 6 Months Ended
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Sep. 30, 2025
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) | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 11,710 |  |  | $ | 1,364 |  |  | $ | 16,600 |  |  | $ | 15,470 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding - basic |  | 27,882 |  |  |  | 27,533 |  |  |  | 27,838 |  |  |  | 27,335 |
Dilutive SSARs |  | 305 |  |  |  | 432 |  |  |  | 304 |  |  |  | 571 |
Dilutive unvested restricted stock units |  | 87 |  |  |  | 30 |  |  |  | 61 |  |  |  | 28 |
Dilutive unvested restricted shares |  | 123 |  |  |  | 262 |  |  |  | 145 |  |  |  | 268 |
Weighted average shares outstanding - diluted |  | 28,397 |  |  |  | 28,257 |  |  |  | 28,348 |  |  |  | 28,202 |
Income per share - basic: | $ | 0.42 |  |  | $ | 0.05 |  |  | $ | 0.60 |  |  | $ | 0.57 |
Income per share - diluted: | $ | 0.41 |  |  | $ | 0.05 |  |  | $ | 0.59 |  |  | $ | 0.55 |
Anti-dilutive restricted shares, restricted stock units, and performance shares |  | — |  |  |  | — |  |  |  | 1 |  |  |  | 24 |
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 156,781 and 345,625 of restricted shares at September 30, 2025 and 2024, 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, and restricted stock units that are potentially dilutive securities.

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