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Employee Benefit Plans: Schedule of Stock Options Outstanding, less estimated forfeitures (Tables)
12 Months Ended
Mar. 31, 2015
Tables/Schedules  
Schedule of Stock Options Outstanding, less estimated forfeitures

 

 

Year Ended March 31, 2015

 

Year Ended March 31, 2014

 

 

 

 

 

 

 

 

Stock options fully vested and expected to vest:

 

 

 

 

 

 

 

Number

 

424,654

 

 

 

469,896

 

Weighted average exercise price

$

8.00

 

 

$

7.96

 

Aggregate intrinsic value (1)

$

225,000

 

 

$

71,000

 

Weighted average contractual term of options (years)

 

3.57

 

 

 

4.57

 

Stock options fully vested and currently exercisable:

 

 

 

 

 

 

 

Number

 

424,654

 

 

 

385,900

 

Weighted average exercise price

$

8.00

 

 

$

9.09

 

Aggregate intrinsic value (1)

$

225,000

 

 

$

16,000

 

Weighted average contractual term of options (years)

 

3.57

 

 

 

3.54

 

 

 

 

 

 

 

 

 

 (1)  The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price) that would have been received by the option holders had all option holders exercised. This amount changes based on changes in the market value of the Company’s stock.