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Net Income Per Share (Tables)
9 Months Ended
Dec. 31, 2012
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 per share data):

 

 

 

Three Months Ended
December 31,

 

Nine Months Ended
December 31,

 

 

 

2012

 

2011

 

2012

 

2011

 

Net income available for stockholders

 

$

1,543

 

$

1,987

 

$

5,891

 

$

5,720

 

Weighted average outstanding shares of common stock

 

3,360

 

3,286

 

3,349

 

3,280

 

Dilutive effect of stock options

 

182

 

212

 

178

 

174

 

Common stock and equivalents

 

3,542

 

3,498

 

3,527

 

3,454

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.46

 

$

0.60

 

$

1.76

 

$

1.74

 

Diluted

 

0.44

 

0.57

 

1.67

 

1.66