Earnings Per Share (Tables)

9 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per share

	Three months ended December 31,				Nine months ended December 31,
	2015		2014		2015		2014
Numerator for earnings per share – net income	$	2,726,901	$	3,769,556	$	9,653,703	$	13,008,445
Denominator:
Denominator for basic earnings per share – weighted average shares		7,622,981		12,197,125		7,620,423		12,188,778
Effect of dilutive securities:
Stock options and other share awards		148,404		178,214		157,141		183,220
Denominator for diluted earnings per share		7,771,385		12,375,339		7,777,564		12,371,998
Earnings per share:
Basic	$	0.36	$	0.31	$	1.27	$	1.07
Diluted	$	0.35	$	0.30	$	1.24	$	1.05