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EARNINGS PER SHARE (Tables)
9 Months Ended
Dec. 31, 2021
EARNINGS PER SHARE  
Schedule of basic and diluted earnings per share

    

Three Months Ended December 31, 

    

Nine Months Ended December 31, 

    

    

2021

    

2020

    

2021

    

2020

    

Basic EPS computation:

 

  

 

  

 

  

 

  

 

Numerator-net income

$

5,510,000

$

4,035,000

$

17,695,000

$

7,058,000

Denominator-weighted average common shares outstanding

 

22,166,130

 

22,320,699

 

22,229,832

 

22,279,774

Basic EPS

$

0.25

$

0.18

$

0.80

$

0.32

Diluted EPS computation:

 

  

 

  

 

  

 

  

Numerator-net income

$

5,510,000

$

4,035,000

$

17,695,000

$

7,058,000

Denominator-weighted average common shares outstanding

 

22,166,130

 

22,320,699

 

22,229,832

 

22,279,774

Effect of dilutive stock options

 

10,990

 

16,945

 

12,203

 

17,053

Weighted average common shares and common stock equivalents

 

22,177,120

 

22,337,644

 

22,242,035

 

22,296,827

Diluted EPS

$

0.25

$

0.18

$

0.80

$

0.32