Three Months Ended December 31,

Nine Months Ended

December 31,

2014

2013

2014

2013

Basic EPS computation:

Numerator-net income

$

1,149,000

$

801,000

$

2,973,000

$

2,782,000

Denominator-weighted average common shares outstanding

22,394,910

22,370,277

22,388,775

22,364,142

Basic EPS

$

0.05

$

0.04

$

0.13

$

0.12

Diluted EPS computation:

Numerator-net income

$

1,149,000

$

801,000

$

2,973,000

$

2,782,000

Denominator-weighted average common shares outstanding

22,394,910

22,370,277

22,388,775

22,364,142

Effect of dilutive stock options

44,285

1,637

32,555

1,082

Weighted average common shares and common stock equivalents

22,439,195

22,371,914

22,421,330

22,365,224

Diluted EPS

$

0.05

$

0.04

$

0.13

$

0.12