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AVERAGE SHARE INFORMATION | 9 Months Ended
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Dec. 31, 2018
Earnings Per Share [Abstract] |
AVERAGE SHARE INFORMATION | AVERAGE SHARE INFORMATION The following is a summary of the basic and diluted average common shares outstanding:
| Three months ended December 31, |  | Nine months ended December 31,
| 2018 |  | 2017 |  | 2018 |  | 2017
Basic: |  |  |  |  |  |  |
Weighted average common shares outstanding (denominator) | 9,108,516 |  |  | 8,787,835 |  |  | 9,078,576 |  |  | 8,729,710 |
Diluted: |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding | 9,108,516 |  |  | 8,787,835 |  |  | 9,078,576 |  |  | 8,729,710 |
Dilutive potential common shares securities | 170,318 |  |  | 150,125 |  |  | 196,492 |  |  | 157,053 |
Weighted average diluted shares outstanding (denominator) | 9,278,834 |  |  | 8,937,960 |  |  | 9,275,068 |  |  | 8,886,763 |
Options to purchase 701,484 and 338,489 shares of common stock at various prices were outstanding during the three months ended December 31, 2018 and 2017 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive. Options to purchase 552,337 and 392,609 shares of common stock at various prices were outstanding during the nine months ended December 31, 2018 and 2017 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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