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Net Income Per Share (Tables)
3 Months Ended
Jun. 30, 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 per share data):

 

 

 

Three Months Ended June 30,

 

 

 

2013

 

2012

 

Net income available for stockholders

 

$

1,860

 

$

2,099

 

Weighted average outstanding shares of common stock

 

3,394

 

3,337

 

Dilutive effect of stock options

 

159

 

204

 

Common stock and equivalents

 

3,553

 

3,541

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

Basic

 

$

0.55

 

$

0.63

 

Diluted

 

0.52

 

0.59