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STOCK PLANS AND STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock options outstanding
 
Three Months Ended
June 30, 2019
 
Three Months Ended
June 30, 2018
 
Number of
Shares
 
Weighted
Average
Exercise
Price
 
Number of
Shares
 
Weighted
Average
Exercise
Price
Balance, beginning of period
101,332
 
$
3.26
 
141,365
 
$
3.77
Options exercised
(15,000
)
 
3.27
 
-
   
-
Expired
-
   
-
 
(2,500
)
 
8.12
Balance, end of period
86,332
 
$
3.26
 
138,865
 
$
3.69

 
               
   
2019
     
2018
 
Stock options fully vested and expected to vest:
             
Number
 
86,332
     
138,865
 
Weighted average exercise price
$
3.26
   
$
3.69
 
Aggregate intrinsic value (1)
$
456,000
   
$
660,000
 
Weighted average contractual term of options (years)
 
1.90
     
2.57
 
Stock options fully vested and currently exercisable:
             
Number
 
86,332
     
138,865
 
Weighted average exercise price
$
3.26
   
$
3.69
 
Aggregate intrinsic value (1)
$
456,000
   
$
660,000
 
Weighted average contractual term of options (years)
 
1.90
     
2.57
 
               
(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.
Schedule of unvested restricted stock activity
 
Time Based
 
Performance Based
 
Total
 
Number of 
Unvested
Shares
 
Weighted
Average
Market
Price
 
Number of
Unvested
Shares
 
Weighted
Average
Market
Price
 
Number of
Unvested
Shares
 
Weighted
Average
Market
Price
Balance, beginning of period
-
 
$
-
 
-
 
$
-
 
-
 
$
-
Granted
49,298
   
8.35
 
33,375
   
8.35
 
82,673
   
8.35
Forfeited
-
   
-
 
-
   
-
 
-
   
-
Vested
-
   
-
 
-
   
-
 
-
   
-
Balance, end of period
49,298
 
$
8.35
 
33,375
 
$
8.35
 
82,673
 
$
8.35