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Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

3 Months Ended

Jun. 30, 2014

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended June 30,
		2014			2013
Basic EPS computation:
Numerator-net income	$	740,000		$	1,640,000
Denominator-weighted average common shares outstanding		22,382,595			22,357,962
Basic EPS	$	0.03		$	0.07
Diluted EPS computation:
Numerator-net income	$	740,000		$	1,640,000
Denominator-weighted average common shares outstanding		22,382,595			22,357,962
Effect of dilutive stock options		26,180			671
Weighted average common shares and common stock equivalents		22,408,775			22,358,633
Diluted EPS	$	0.03		$	0.07

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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