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EARNINGS PER SHARE (Tables)

9 Months Ended

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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- References

No definition available.

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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

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