XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Earnings Per Share | 3 Months Ended
--- | ---
Jun. 30, 2016
Notes |
Earnings Per Share | 4. EARNINGS PER SHARE Basic earnings per share (“EPS”) is computed by dividing net income or loss applicable to common stock by the weighted average number of common shares outstanding during the period, without considering any dilutive items. Diluted EPS is computed by dividing net income or loss applicable to common stock by the weighted average number of common shares and common stock equivalents for items that are dilutive, net of shares assumed to be repurchased using the treasury stock method at the average share price for the Company’s common stock during the period. Common stock equivalents arise from the assumed exercise of outstanding stock options. Shares owned by the Company’s ESOP that have not been allocated are not considered to be outstanding for the purpose of computing basic and diluted EPS. As of June 30, 2016 and 2015, there were approximately 49,000 and 99,000 shares, respectively, which had not been allocated under the Company’s ESOP. For the three months ended June 30, 2016 and 2015, stock options for 59,000 and 227,000 shares, respectively, of common stock were excluded in computing diluted EPS because they were antidilutive. The following table presents a reconciliation of the components used to compute basic and diluted EPS for the periods indicated:
| Three Months Ended June 30,
|  | 2016 |  |  | 2015
Basic EPS computation: |  |  |  |  |
Numerator-net income | $ | 1,697,000 |  | $ | 1,595,000
Denominator-weighted average common shares outstanding |  | 22,467,861 |  |  | 22,434,327
Basic EPS | $ | 0.08 |  | $ | 0.07
Diluted EPS computation: |  |  |  |  |
Numerator-net income | $ | 1,697,000 |  | $ | 1,595,000
Denominator-weighted average common shares outstanding |  | 22,467,861 |  |  | 22,434,327
Effect of dilutive stock options |  | 46,374 |  |  | 42,679
Weighted average common shares and common stock equivalents |  | 22,514,235 |  |  | 22,477,006
Diluted EPS | $ | 0.08 |  | $ | 0.07

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration