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EARNINGS PER SHARE
 9 Months Ended
Dec. 31, 2024
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE
10.      EARNINGS PER SHARE
  
Basic earnings per share is calculated by dividing net earnings available to common shareholders by the basic weighted average number of shares of common stock outstanding during each period. Diluted earnings per share is calculated by dividing net earnings available to common shareholders by the basic weighted average number of shares of common stock outstanding plus common stock equivalents during each period.
  
The following table provides a reconciliation of the numerators and denominators used to calculate basic and diluted net income per common share as disclosed on our unaudited consolidated statements of operations for the three and nine months ended December 31, 2024, and 2023, respectively (in thousands, except per share data).
  
  
Three Months Ended
December 31,
 
Nine Months Ended
December 31,
  
2024
 
2023
 
2024
 
2023
Net earnings attributable to common shareholders — basic and diluted
 
$
24,133
  
$
27,282
  
$
82,782
  
$
93,793
 
                 
Basic and diluted common shares outstanding:
                
Weighted average common shares outstanding — basic
  
26,495
   
26,618
   
26,568
   
26,598
 
Effect of dilutive shares
  
125
   
79
   
159
   
67
 
Weighted average common shares outstanding — diluted
  
26,620
   
26,697
   
26,727
   
26,665
 
                 
Earnings per common share — basic
 
$
0.91
  
$
1.02
  
$
3.12
  
$
3.53
 
                 
Earnings per common share — diluted
 
$
0.91
  
$
1.02
  
$
3.10
  
$
3.52