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Net Income Per Share (Tables)
12 Months Ended
Mar. 31, 2013
Net Income Per Share  
Schedule of reconciliation of the denominators used in the computation of net income per share -basic and diluted

The following table presents a reconciliation of the denominators used in the computation of net income per share - basic and diluted (in thousands, except share data):

 

 

 

Year ended March 31,

 

 

 

2013

 

2012

 

2011

 

Net income available for stockholders

 

$

8,450

 

$

7,919

 

$

6,183

 

 

 

 

 

 

 

 

 

Weighted avg. outstanding shares of common stock

 

3,357

 

3,285

 

3,231

 

Dilutive effect of stock options

 

236

 

177

 

99

 

Common stock and equivalents

 

3,593

 

3,462

 

3,330

 

Net Income per share:

 

 

 

 

 

 

 

Basic

 

$

2.52

 

$

2.41

 

$

1.91

 

Diluted

 

2.35

 

2.29

 

1.86