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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of property and equipment estimated useful lives
Automobiles    3 years
Equipment    5 years
Furniture and fixtures    7 years
Leasehold improvements    Lesser of lease term or useful life (generally 6 - 7 years)
Schedule of computation of basic and diluted earnings (loss) per share
     Fiscal Year ended March 31,
(In thousands, except earnings per
share numbers)
 
     2018      2017      2016  

Numerator:

        

Net (loss) income per consolidated statements of income

   $ (1,098    $ 5,409      $ 12,379  

Less: Allocation of earnings to participating securities

     14        (70      (170
  

 

 

    

 

 

    

 

 

 

Net (loss) income allocated to common stock

     (1,084      5,339        12,209  
  

 

 

    

 

 

    

 

 

 

Basic earnings (loss) per share computation:

        

Net income (loss) allocated to common stock

   $ (1,084    $ 5,339      $ 12,209  
  

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding, including shares considered participating securities

     7,819        7,766        7,727  

Less: Weighted average participating securities outstanding

     (100      (102      (105
  

 

 

    

 

 

    

 

 

 

Weighted average shares of common stock

     7,719        7,664        7,622  
  

 

 

    

 

 

    

 

 

 

Basic earnings (loss) per share

   $ (.14    $ .70      $ 1.60  
  

 

 

    

 

 

    

 

 

 

Diluted earnings (loss) per share computation:

        

Net (loss) income allocated to common stock

   $ (1,084    $ 5,339      $ 12,209  

Undistributed earnings re-allocated to participating securities

     —          —          2  
  

 

 

    

 

 

    

 

 

 

Numerator for diluted earnings (loss) per share

   $ (1,084    $ 5,339      $ 12,211  

Weighted average common shares outstanding for basic earnings (loss) per share

     7,719        7,664        7,622  

Incremental shares from stock options

     —          62        70  
  

 

 

    

 

 

    

 

 

 

Weighted average shares and dilutive potential common shares

     7,719        7,726        7,692  
  

 

 

    

 

 

    

 

 

 

Diluted earnings (loss) per share

   $ (.14    $ .69      $ 1.59