XML 21 R12.htm IDEA: XBRL DOCUMENT v3.22.2.2
Changes in Shareholders' Equity
6 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Changes in Shareholders' Equity Changes in Shareholders Equity:
Changes in Shareholders’ Equity for the three months ended September 30, 2022 is summarized below (in thousands):
Common StockAdditional
Paid-In
Capital
Retained
Earnings
Beginning balance at March 31, 2022:$21 $11,660 $130,496 
Share based compensation— 1,536 — 
Dividends declared— — (6,297)
Net income— — 2,775 
Ending balance at June 30, 2022$21 $13,196 $126,974 
Shares Issued— — — 
Share based compensation— 1,681 — 
Dividends declared— — (6,307)
Net income— — 2,579 
Ending balance at September 30, 2022:$21 $14,877 $123,246 
Changes in Shareholders’ Equity for the six months ended September 30, 2021 is summarized below (in thousands):
Common StockAdditional
Paid-In
Capital
Retained
Earnings
Beginning balance at March 31, 2021:$20 $7,111 $134,141 
Share based compensation— 718 — 
Dividends declared— — (6,080)
Net income— — 4,428 
Ending balance at June 30, 2021$20 $7,829 $132,489 
Shares Issued— — 
Share based compensation— 882 — 
Dividends declared— — (6,092)
Net income— — 6,349 
Ending balance at September 30, 2021:$21 $8,711 $132,746 
There were no shares of common stock that were purchased or retired in the six months ended September 30, 2022 or 2021. At September 30, 2022, the Company had approximately $28.7 million remaining under the Company’s share repurchase plan.