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Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
9 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

 

Three Months Ended

 December 31,

 

 

Nine Months Ended

 December 31,

 

 

 

2012

 

 

2011

 

 

2012

 

 

2011

 

Basic EPS computation:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator-net income (loss)

$

1,031,000

 

$

(16,595,000

)

$

1,038,000

 

$

(15,700,000

)

Denominator-weighted average common shares outstanding

 

22,345,644

 

 

22,321,011

 

 

22,339,509

 

 

22,314,876

 

Basic EPS

$

0.05

 

$

(0.74

)

$

0.05

 

$

(0.70

)

Diluted EPS computation:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator-net income (loss)

$

1,031,000

 

$

(16,595,000

)

$

1,038,000

 

$

(15,700,000

)

Denominator-weighted average common shares outstanding

 

22,345,644

 

 

22,321,011

 

 

22,339,509

 

 

22,314,876

 

Effect of dilutive stock options

 

-

 

 

-

 

 

-

 

 

-

 

Weighted average common shares

 

 

 

 

 

 

 

 

 

 

 

 

and common stock equivalents

 

22,345,644

 

 

22,321,011

 

 

22,339,509

 

 

22,314,876

 

Diluted EPS

$

0.05

 

$

(0.74

)

$

0.05

 

$

(0.70

)