Three Months Ended September 30,

Six Months Ended

September 30,

2014

2013

2014

2013

Basic EPS computation:

Numerator-net income

$

1,084,000

$

341,000

$

1,824,000

$

1,981,000

Denominator-weighted average common shares outstanding

22,388,753

22,364,120

22,385,691

22,361,058

Basic EPS

$

0.05

$

0.02

$

0.08

$

0.09

Diluted EPS computation:

Numerator-net income

$

1,084,000

$

341,000

$

1,824,000

$

1,981,000

Denominator-weighted average common shares outstanding

22,388,753

22,364,120

22,385,691

22,361,058

Effect of dilutive stock options

30,716

1,340

28,521

883

Weighted average common shares and common stock equivalents

22,419,469

22,365,460

22,414,212

22,361,941

Diluted EPS

$

0.05

$

0.02

$

0.08

$

0.09