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EARNINGS PER SHARE (Tables)
3 Months Ended
Jun. 30, 2022
EARNINGS PER SHARE  
Schedule of basic and diluted earnings per share

    

Three Months Ended June 30, 

    

    

2022

    

2021

    

Basic EPS computation:

 

  

 

  

 

Numerator-net income

$

4,652,000

$

5,755,000

Denominator-weighted average common shares outstanding

 

22,027,874

 

22,344,785

Basic EPS

$

0.21

$

0.26

Diluted EPS computation:

 

  

 

  

Numerator-net income

$

4,652,000

$

5,755,000

Denominator-weighted average common shares outstanding

 

22,027,874

 

22,344,785

Effect of dilutive stock options

 

9,446

 

13,979

Weighted average common shares and common stock equivalents

 

22,037,320

 

22,358,764

Diluted EPS

$

0.21

$

0.26