XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.22.4

Note N - Earnings Per Share | 9 Months Ended
--- | ---
Dec. 31, 2022
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE N — EARNINGS PER SHARE Basic and dilutive net earnings per share is computed based on the following information:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Numerator (basic and diluted) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) |  | $ | 1,375,893 |  |  | $ | (2,961,833 | ) |  | $ | 15,031,175 |  |  | $ | 21,527,578 |
Less: Allocation to unvested restricted stock units |  |  | 18,656 |  |  |  | 5,992 |  |  |  | 240,482 |  |  |  | 966,761 |
Net earnings (loss) attributable to common shareholders |  | $ | 1,357,237 |  |  | $ | (2,967,825 | ) |  | $ | 14,790,693 |  |  | $ | 20,560,817 |
Denominator (basic and diluted) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 7,275,212 |  |  |  | 6,610,204 |  |  |  | 7,196,452 |  |  |  | 6,593,343 |
For the three and nine month periods ended December 31, 2022 and 2021, the Company allocated dividends and undistributed earnings to the unvested restricted stock units. As the restricted stock qualifies as participating securities, the following restricted stock units were not accounted in the computation of weighted average diluted common shares outstanding under the two-class method:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | December 31, |  |  | December 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Restricted Stock Units |  |  | 56,621 |  |  |  | 239,485 |  |  |  | 48,510 |  |  |  | 232,601 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration