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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per share

 

Three months ended June 30,
20122011

Numerator for earnings per share – net income

$5,373,525$5,302,793

Denominator:

Denominator for basic earnings per share – weighted average shares

11,940,20011,651,295

Effect of dilutive securities:

Stock options and other share awards

238,640314,167

Denominator for diluted earnings per share

12,178,84011,965,462

Earnings per share:

Basic

$0.45$0.46

Diluted

$0.44$0.44