Three Months Ended September 30,

Six Months Ended September 30,

2015

2014

2015

2014

Basic EPS computation:

Numerator-net income

$

1,652,000

$

1,084,000

$

3,247,000

$

1,824,000

Denominator-weighted average common shares outstanding

22,449,386

22,388,753

22,441,898

22,385,691

Basic EPS

$

0.07

$

0.05

$

0.14

$

0.08

Diluted EPS computation:

Numerator-net income

$

1,652,000

$

1,084,000

$

3,247,000

$

1,824,000

Denominator-weighted average common shares outstanding

22,449,386

22,388,753

22,441,898

22,385,691

Effect of dilutive stock options

40,965

30,716

41,813

28,521

Weighted average common shares and common stock equivalents

22,490,351

22,419,469

22,483,711

22,414,212

Diluted EPS

$

0.07

$

0.05

$

0.14

$

0.08