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EARNINGS PER SHARE (Tables)
6 Months Ended
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