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EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
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Mar. 31, 2022
EMPLOYEE BENEFIT PLANS |
Schedule of activity related to options under all plans | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended March 31,
​ |  | 2022 | ​ | 2021 | ​ | 2020
​ |  | ​ |  | Weighted |  | ​ |  | Weighted |  | ​ |  | Weighted
​ | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average
​ | ​ | Number of | ​ | Exercise | ​ | Number of | ​ | Exercise | ​ | Number of | ​ | Exercise
​ |  | Shares |  | Price |  | Shares |  | Price |  | Shares |  | Price
Balance, beginning of period |  | 23,332 | ​ | $ | 2.78 |  | 43,332 | ​ | $ | 2.69 |  | 101,332 | ​ | $ | 3.26
Options exercised |  | (6,000) | ​ |  | 2.78 |  | (20,000) | ​ |  | 2.58 |  | (58,000) | ​ |  | 3.69
Balance, end of period |  | 17,332 | ​ | $ | 2.78 |  | 23,332 | ​ | $ | 2.78 |  | 43,332 | ​ | $ | 2.69
Schedule of additional information regarding stock options outstanding | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Options Outstanding | ​ | Options Exercisable
​ |  | Weighted Avg |  | ​ |  | Weighted |  | ​ |  | Weighted
​ | ​ | Remaining | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average
Range of | ​ | Contractual | ​ | ​ | ​ | Exercise | ​ | ​ | ​ | Exercise
Exercise Price | ​ | Life (years) | ​ | Number | ​ | Price | ​ | Number | ​ | Price
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
$1.00 - $3.00 |  | 1.29 |  | 17,332 | ​ | $ | 2.78 |  | 17,332 | ​ | $ | 2.78
Schedule of information of stock options outstanding | The following table presents information on stock options outstanding, less estimated forfeitures, as of March 31, 2022 and 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2022 | ​ | March 31, 2021
Stock options fully vested and expected to vest: | ​ | ​ |  |  | ​ |
Number | ​ | ​ | 17,332 |  | ​ | 23,332
Weighted average exercise price | ​ | $ | 2.78 | ​ | $ | 2.78
Aggregate intrinsic value (1) | ​ | $ | 83,000 | ​ | $ | 97,000
Weighted average contractual term of options (years) | ​ |  | 1.29 | ​ |  | 2.29
Stock options fully vested and currently exercisable: | ​ |  | ​ | ​ |  | ​
Number | ​ |  | 17,332 | ​ |  | 23,332
Weighted average exercise price | ​ | $ | 2.78 | ​ | $ | 2.78
Aggregate intrinsic value (1) | ​ | $ | 83,000 | ​ | $ | 97,000
Weighted average contractual term of options (years) | ​ |  | 1.29 | ​ |  | 2.29
​ (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 | ​ | Weighted | ​ | Number | ​ | Weighted | ​ | Number | ​ | Weighted
​ | ​ | of | ​ | Average | ​ | of | ​ | Average | ​ | of | ​ | Average
​ | ​ | Unvested | ​ | Grant Date | ​ | Unvested | ​ | Grant Date | ​ | Unvested | ​ | Grant Date
​ |  | Shares |  | Fair Value |  | Shares |  | Fair Value |  | Shares |  | Fair Value
Balance, beginning of period |  | 45,616 | ​ | $ | 6.57 |  | 96,772 | ​ | $ | 5.27 |  | 142,388 | ​ | $ | 5.69
Granted |  | 15,274 | ​ |  | 7.08 |  | 54,011 | ​ |  | 7.06 |  | 69,285 | ​ |  | 7.06
Forfeited |  | (4,417) | ​ |  | 5.82 |  | (16,559) | ​ |  | 5.55 |  | (20,976) | ​ |  | 5.61
Vested |  | (29,618) | ​ |  | 7.43 |  | (12,732) | ​ |  | 8.35 |  | (42,350) | ​ |  | 7.71
Balance, end of period |  | 26,855 | ​ | $ | 6.02 |  | 121,492 | ​ | $ | 5.70 |  | 148,347 | ​ | $ | 5.76

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