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Earnings Per Share (Tables)

6 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings (loss) per share


		Three months ended September 30, (In thousands, except per share amounts)								Six months ended September 30, (In thousands, except per share amounts)
		2018				2017				2018				2017
Numerator:
Net income		$	582			$	344			$	2,000			$	1,157
Less: Allocation of earnings to participating securities			(5	)			(4	)			(15	)			(14	)

Net income allocated to common stock		$	577			$	340			$	1,985			$	1,143

Basic earnings per share computation:
Net income allocated to common stock		$	577			$	340			$	1,985			$	1,143

Weighted average common shares outstanding, including shares considered participating securities			7,774				7,847				7,859				7,834
Less: Weighted average participating securities outstanding			(61	)			(106	)			(65	)			(98	)

Weighted average shares of common stock			7,713				7,741				7,794				7,736

Basic earnings per share		$	0.07			$	0.04			$	0.25			$	0.15

Diluted earnings per share computation:
Net income allocated to common stock		$	577			$	340			$	1,985			$	1,143
Undistributed earnings re-allocated to participating securities			—				—				—				—

Numerator for diluted earnings per share		$	577			$	340			$	1,985			$	1,143

Weighted average common shares outstanding for basic earnings per share			7,713				7,741				7,794				7,736
Incremental shares from stock options			6				45				6				48

Weighted average shares and dilutive potential common shares			7,719				7,786				7,800				7,784

Diluted earnings per share		$	0.07			$	0.04			$	0.25			$	0.15