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

 

 

 

Three Months Ended 
December 31,

 

Nine Months Ended 
December 31,

 

 

 

2013

 

2012

 

2013

 

2012

 

Net income available for stockholders

 

$

1,746

 

$

1,543

 

$

5,538

 

$

5,891

 

Weighted average outstanding shares of common stock

 

3,434

 

3,360

 

3,414

 

3,349

 

Dilutive effect of stock options

 

203

 

182

 

177

 

178

 

Common stock and equivalents

 

3,637

 

3,542

 

3,591

 

3,527

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.51

 

$

0.46

 

$

1.62

 

1.76

 

Diluted

 

0.48

 

0.44

 

1.54

 

1.67