AVERAGE SHARE INFORMATION

9 Months Ended

Dec. 31, 2018

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.