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Net Income Per Share
 3 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Net Income Per Share
Note 2:  Net Income Per Share
 
In accordance with the provisions of ASC Topic 260 (“Earnings Per Share”) basic net income per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period.  Diluted net income per common share includes the dilutive effect of potential restricted stock and the effects of the potential conversion of preferred shares, calculated using the treasury stock method.  Unvested restricted stock and convertible preferred shares issued by the Company represent the only dilutive effect reflected in the diluted weighted average shares outstanding.
 
The following is a reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the periods presented (in thousands, except for per share amounts):
                 
   
Three Months Ended June 30,
  
   
2013
    
2012
  
             
Net income (numerator):
            
             
  Net income
   $ 4,755     $ 3,952  
                 
Shares (denominator):
                
                 
  Weighted average number of common shares
                
    outstanding used in basic computation
     19,848       20,119  
  Common shares issuable upon vesting of
                
    restricted stock
     146       116  
  Common shares issuable upon conversion
                
    of preferred shares
     10       10  
  Shares used in diluted computation
     20,004       20,245  
                 
Net income per common share:
                
                 
  Basic
   $ 0.24     $ 0.20  
  Diluted
   $ 0.24     $ 0.20  
 
At June 30, 2013 and 2012, all common restricted stock were included in the diluted net income per common share computation.