AVERAGE SHARE INFORMATION

6 Months Ended

Sep. 30, 2017

The following is a summary of the basic and diluted average common shares outstanding:



	Three months ended September 30,		Six months ended September 30,
	2017	2016	2017	2016
Basic:
Weighted average common shares outstanding (denominator)	8,713,638	8,727,238	8,700,489	8,724,493

Diluted:
Weighted average common shares outstanding	8,713,638	8,727,238	8,700,489	8,724,493
Dilutive potential common shares stock options	181,636	77,346	160,518	63,002
Weighted average diluted shares outstanding (denominator)	8,895,274	8,804,584	8,861,007	8,787,495

Options to purchase 295,550 and 711,512 shares of common stock at various prices were outstanding during the three months ended September 30, 2017 and 2016 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive.

Options to purchase 455,912 and 728,688 shares of common stock at various prices were outstanding during the six months ended September 30, 2017 and 2016 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive.