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Earnings Per Share (Tables)

9 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per share


		Three months ended December 31, (In thousands, except per share amounts)								Nine months ended December 31, (In thousands, except per share amounts)
		2017				2016				2017				2016
Numerator:
Net income (loss)		$	(2,898	)		$	1,606			$	(1,741	)		$	6,479
Less: Allocation of earnings (loss) to participating securities			40				(22	)			23				(76	)

Net income (loss) allocated to common stock			(2,858	)			1,584				(1,718	)			6,403

Basic earnings (loss) per share computation:
Net income (loss) allocated to common stock		$	(2,858	)		$	1,584			$	(1,718	)		$	6,403

Weighted average common shares outstanding, including shares considered participating securities			7,910				7,697				7,876				7,763
Less: Weighted average participating securities outstanding			(110	)			(107	)			(102	)			(91	)

Weighted average shares of common stock			7,800				7,590				7,774				7,672

Basic earnings (loss) per share		$	(0.37	)		$	0.21			$	(0.22	)		$	0.83

Diluted earnings (loss) per share computation:
Net income (loss) allocated to common stock		$	(2,858	)		$	1,584			$	(1,718	)		$	6,403
Undistributed earnings re-allocated to participating securities			—				—				—				—

Numerator for diluted earnings (loss) per share		$	(2,858	)		$	1,584			$	(1,718	)		$	6,403

Weighted average common shares outstanding for basic earnings (loss) per share			7,800				7,590				7,774				7,672
Incremental shares from stock options			—				60				—				60

Weighted average shares and dilutive potential common shares			7,800				7,650				7,774				7,732

Diluted earnings (loss) per share		$	(0.37	)		$	0.21			$	(0.22	)		$	0.83