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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings (loss) per share Earnings per share is computed based on the following weighted average number of common shares outstanding:

 

 

 

Three months ended
December 31,
(In thousands, except
per share amounts)

 

 

Nine months ended
December 31,
(In thousands, except
per share amounts)

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 Net loss per consolidated statements of income

 

$

(11,661

)

 

$

(13,373

)

 

$

(20,590

)

 

$

(18,322

)

 Percentage allocated to shareholders *

 

 

100.0

%

 

 

100.0

%

 

 

100.0

%

 

 

100.0

%

 Numerator for basic and diluted earnings per share

 

$

(11,661

)

 

$

(13,373

)

 

$

(20,590

)

 

$

(18,322

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 Denominator for basic earnings per share - weighted-average shares outstanding

 

 

7,286

 

 

 

7,219

 

 

 

7,285

 

 

 

7,349

 

 Dilutive effect of stock options

 

 

 

 

 

 

 

 

 

 

 

 

 Denominator for diluted earnings per share

 

 

7,286

 

 

 

7,219

 

 

 

7,285

 

 

 

7,349

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share loss from continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(1.60

)

 

$

(1.85

)

 

$

(2.83

)

 

$

(2.49

)

Diluted

 

 

(1.60

)

 

 

(1.85

)

 

 

(2.83

)

 

 

(2.49

)

 

 

 

 

 

 

 

 

 

 

 

 

 

* Basic weighted-average shares outstanding

 

 

7,286

 

 

 

7,219

 

 

 

7,285

 

 

 

7,349

 

   Basic weighted-average shares outstanding and unvested restricted stock units expected to vest

 

 

7,287

 

 

 

7,219

 

 

 

7,285

 

 

 

7,349

 

Percentage allocated to shareholders

 

 

100.0

%

 

 

100.0

%

 

 

100.0

%

 

 

100.0

%