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AVERAGE SHARE INFORMATION
 6 Months Ended
Sep. 30, 2025
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 September 30,Six months ended September 30,
2025202420252024
Basic:  
Weighted average common shares outstanding (denominator)5,092,845 5,469,276 5,158,066 5,474,710 
Diluted:  
Weighted average common shares outstanding5,092,845 5,469,276 5,158,066 5,474,710 
Dilutive potential common shares2— 79,242 — 83,428 
Weighted average diluted shares outstanding (denominator)5,092,845 5,548,518 5,158,066 5,558,138 
 
Under the treasury stock method, options to purchase 145,591 and 244,738 shares of common stock at various prices were outstanding during the three months ended September 30, 2025 and 2024, respectively, but were not included in diluted shares outstanding because the option exercise price exceeded the market value of the shares.

Under the treasury stock method, options to purchase 154,258 and 252,006 shares of common stock at various prices were outstanding during the six months ended September 30, 2025 and 2024, respectively, but were not included in diluted shares outstanding because the option exercise price exceeded the market value of the shares.
2 Dilutive potential common shares have been excluded from the weighted average diluted shares outstanding calculation for the three and six months ended September 30, 2025. In accordance with ASC 260-10-45, shares which would otherwise be considered dilutive are deemed anti-dilutive when the entity incurs a loss from continuing operations in the period reported.