XML 61 R48.htm IDEA: XBRL DOCUMENT v3.5.0.1
Summary of Significant Accounting Policies: Earnings Per Share, Policy (Policies)
12 Months Ended
Mar. 31, 2016
Policies  
Earnings Per Share, Policy

Earnings Per Share – GAAP requires all companies whose capital structure includes dilutive potential common shares to make a dual presentation of basic and diluted earnings per share for all periods presented. The Company’s basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the period, excluding restricted stock and unallocated shares owned by the employee stock ownership plan (“ESOP”). The Company’s diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised and has been computed after giving consideration to the weighted average diluted effect of the Company’s stock options.