XML 77 R12.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share | 9 Months Ended
--- | ---
Dec. 31, 2013
Notes |
Earnings Per Share | 4. EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed by dividing net income applicable to common stock by the weighted average number of common shares outstanding during the period, without considering any dilutive items. Diluted EPS is computed by dividing net income applicable to common stock by the weighted average number of common shares and common stock equivalents for items that are dilutive, net of shares assumed to be repurchased using the treasury stock method at the average share price for the Company’s common stock during the period. Common stock equivalents arise from assumed conversion of outstanding stock options. Shares owned by the Company’s Employee Stock Ownership Plan (“ESOP”) that have not been allocated are not considered to be outstanding for the purpose of computing earnings per share. For the three and nine months ended December 31, 2013, stock options for 460,000 and 432,000 shares, respectively, of common stock were excluded in computing diluted EPS because they were antidilutive. For the three and nine months ended December 31, 2012, stock options for 420,000 and 423,000 shares, respectively, of common stock were excluded in computing diluted EPS because they were antidilutive.
|  | Three Months Ended December 31, |  |  | Nine Months Ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Basic EPS computation: |  |  |  |  |  |  |  |  |  |  |  |
Numerator-net income | $ | 801,000 |  | $ | 1,031,000 |  | $ | 2,782,000 |  | $ | 1,038,000 |
Denominator-weighted average common shares outstanding |  | 22,370,277 |  |  | 22,345,644 |  |  | 22,364,142 |  |  | 22,339,509 |
Basic EPS | $ | 0.04 |  | $ | 0.05 |  | $ | 0.12 |  | $ | 0.05 |
Diluted EPS computation: |  |  |  |  |  |  |  |  |  |  |  |
Numerator-net income | $ | 801,000 |  | $ | 1,031,000 |  | $ | 2,782,000 |  | $ | 1,038,000 |
Denominator-weighted average common shares outstanding |  | 22,370,277 |  |  | 22,345,644 |  |  | 22,364,142 |  |  | 22,339,509 |
Effect of dilutive stock options |  | 1,637 |  |  | - |  |  | 1,082 |  |  | - |
Weighted average common shares and common stock equivalents |  | 22,371,914 |  |  | 22,345,644 |  |  | 22,365,224 |  |  | 22,339,509 |
Diluted EPS | $ | 0.04 |  | $ | 0.05 |  | $ | 0.12 |  | $ | 0.05 |

X
- 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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration