Earnings Per Share (Tables)

9 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per share

	Three months ended December 31, (In thousands, except per share amounts)					Nine months ended December 31, (In thousands, except per share amounts)
	2016			2015		2016			2015
Numerator:
Net income per consolidated statements of income	$	1,606		$	2,727	$	6,479		$	9,653
Less: Allocation of earnings to participating securities		(22	)		—		(76	)		—
Net income allocated to common stock		1,584		$	2,727		6,403		$	9,653
Basic earnings per share computation:
Net income allocated to common stock	$	1,584		$	2,727	$	6,403		$	9,653
Weighted average common shares outstanding, including shares considered participating securities		7,697			7,623		7,763			7,620
Less: Weighted average participating securities outstanding		(107	)		—		(91	)		—
Weighted average shares of common stock		7,590			7,623		7,672			7,620
Basic earnings per share	$	0.21			0.36	$	0.83			1.27
Diluted earnings per share computation:
Net income allocated to common stock	$	1,584		$	2,727	$	6,403		$	9,653
Undistributed earnings re-allocated to participating securities		—			—		—			—
Numerator for diluted earnings per share	$	1,584		$	2,727	$	6,403		$	9,653
Weighted average common shares outstanding for basic earnings per share		7,590			7,623		7,672			7,620
Incremental shares from stock options		60			148		60			158
Weighted average shares and dilutive potential common shares		7,650			7,771		7,732			7,778
Diluted earnings per share	$	0.21		$	0.35	$	0.83		$	1.24