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Earnings Per Share (Tables)

6 Months Ended

Sep. 30, 2019

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)
		2019				2018				2019				2018
Numerator:
Net income		$	268			$	582			$	859			$	2,000
Less: Allocation of earnings to participating securities			(1	)			(5	)			(6	)			(15	)
Net income allocated to common stock		$	267			$	577			$	853			$	1,985
Basic earnings per share computation:
Net income allocated to common stock		$	267			$	577			$	853			$	1,985
Weighted average common shares outstanding, including shares considered participating securities			7,859				7,774				7,881				7,859
Less: Weighted average participating securities outstanding			(70	)			(61	)			(61	)			(65	)
Weighted average shares of common stock			7,789				7,713				7,820				7,794
Basic earnings per share		$	0.03			$	0.07			$	0.11			$	0.25
Diluted earnings per share computation:
Net income allocated to common stock		$	267			$	577			$	853			$	1,985
Undistributed earnings re-allocated to participating securities			—				—				—				—
Numerator for diluted earnings per share		$	267			$	577			$	853			$	1,985
Weighted average common shares outstanding for basic earnings per share			7,789				7,713				7,820				7,794
Incremental shares from stock options			1				6				1				6
Weighted average shares and dilutive potential common shares			7,790				7,719				7,821				7,800
Diluted earnings per share		$	0.03			$	0.07			$	0.11			$	0.25