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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Sep. 30, 2020
EARNINGS PER SHARE |
Schedule of basic and diluted earnings per share |
|  | Three Months Ended |  | Six Months Ended
|  | September 30, |  | September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Basic EPS computation: |  |  |  |  |  |  |  |  |  |  |  |
Numerator-net income |  | $ | 2,543,000 |  | $ | 4,534,000 |  | $ | 3,023,000 |  | $ | 8,726,000
Denominator-weighted average common shares outstanding |  |  | 22,261,709 |  |  | 22,643,103 |  |  | 22,259,201 |  |  | 22,631,406
Basic EPS |  | $ | 0.11 |  | $ | 0.20 |  | $ | 0.14 |  | $ | 0.39
Diluted EPS computation: |  |  |  |  |  |  |  |  |  |  |  |
Numerator-net income |  | $ | 2,543,000 |  | $ | 4,534,000 |  | $ | 3,023,000 |  | $ | 8,726,000
Denominator-weighted average common shares outstanding |  |  | 22,261,709 |  |  | 22,643,103 |  |  | 22,259,201 |  |  | 22,631,406
Effect of dilutive stock options |  |  | 14,603 |  |  | 59,593 |  |  | 17,107 |  |  | 62,661
Weighted average common shares and common stock equivalents |  |  | 22,276,312 |  |  | 22,702,696 |  |  | 22,276,308 |  |  | 22,694,067
Diluted EPS |  | $ | 0.11 |  | $ | 0.20 |  | $ | 0.14 |  | $ | 0.38

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -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 + Details
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