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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Dec. 31, 2020
EARNINGS PER SHARE |
Schedule of basic and diluted earnings per share |
|  | Three Months Ended |  | Nine Months Ended
|  | December 31, |  | December 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Basic EPS computation: |  |  |  |  |  |  |  |  |  |  |  |
Numerator-net income |  | $ | 4,035,000 |  | $ | 4,128,000 |  | $ | 7,058,000 |  | $ | 12,854,000
Denominator-weighted average common shares outstanding |  |  | 22,320,699 |  |  | 22,748,385 |  |  | 22,279,774 |  |  | 22,701,806
Basic EPS |  | $ | 0.18 |  | $ | 0.18 |  | $ | 0.32 |  | $ | 0.57
Diluted EPS computation: |  |  |  |  |  |  |  |  |  |  |  |
Numerator-net income |  | $ | 4,035,000 |  | $ | 4,128,000 |  | $ | 7,058,000 |  | $ | 12,854,000
Denominator-weighted average common shares outstanding |  |  | 22,320,699 |  |  | 22,748,385 |  |  | 22,279,774 |  |  | 22,701,806
Effect of dilutive stock options |  |  | 16,945 |  |  | 27,808 |  |  | 17,053 |  |  | 39,846
Weighted average common shares and common stock equivalents |  |  | 22,337,644 |  |  | 22,776,193 |  |  | 22,296,827 |  |  | 22,741,652
Diluted EPS |  | $ | 0.18 |  | $ | 0.18 |  | $ | 0.32 |  | $ | 0.57

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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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