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Note 3 - Earnings Per Share | 12 Months Ended
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Mar. 31, 2024
Notes to Financial Statements |
Earnings Per Share [Text Block] | 3. Earnings per Share Earnings per share for fiscal years 2024, 2023 and 2022 are as follows (in thousands, except per share amounts):
|  | Fiscal Year: |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Basic |  |  |  |  |  |  |  |  |  |  |  |
Net earnings |  | $ | 63,318 |  |  | $ | 9,231 |  |  | $ | 46,200 |
Deduct preferred stock dividends paid |  |  | 23 |  |  |  | 23 |  |  |  | 23 |
Undistributed net earnings |  |  | 63,295 |  |  |  | 9,208 |  |  |  | 46,177 |
Earnings attributable to participating preferred shareholders |  |  | 72 |  |  |  | 30 |  |  |  | 178 |
Earnings attributable to common shareholders |  | $ | 63,223 |  |  | $ | 9,178 |  |  | $ | 45,999 |
Weighted average common shares outstanding |  |  | 7,318 |  |  |  | 7,796 |  |  |  | 8,707 |
Basic earnings per common share |  | $ | 8.64 |  |  | $ | 1.19 |  |  | $ | 5.28 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |
Earnings attributable to common shareholders |  | $ | 63,223 |  |  | $ | 9,178 |  |  | $ | 45,999 |
Add dividends on convertible preferred stock |  |  | 20 |  |  |  | 20 |  |  |  | 20 |
Earnings attributable to common stock on a diluted basis |  | $ | 63,243 |  |  | $ | 9,198 |  |  | $ | 46,019 |
Weighted average common shares outstanding-basic |  |  | 7,318 |  |  |  | 7,796 |  |  |  | 8,707 |
Additional shares to be issued under full conversion of preferred stock |  |  | 67 |  |  |  | 67 |  |  |  | 67 |
Total shares for diluted |  |  | 7,385 |  |  |  | 7,863 |  |  |  | 8,774 |
Diluted earnings per common share |  | $ | 8.56 |  |  | $ | 1.16 |  |  | $ | 5.24 |

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