Income Taxes	9 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 7. Income Taxes The Company recorded an income tax expense of approximately $229,000 for the three months ended December 31, 2019 compared to income tax benefit of approximately $376,000 for the three months ended December 31, 2018. The Company’s effective tax rate increased to 42.4% for the three months ended December 31, 2019 from 29.4% for the three months ended December 31, 2018. The Company recorded an income tax expense of approximately $527,000 for the nine months ended December 31, 2019 compared to income tax expense of approximately $293,000 for the nine months ended December 31, 2018. The Company’s effective tax rate increased to 31.1% for the nine months ended December 31, 2019 from 21.1% for the nine months ended December 31, 2018. The changes in the effective tax rate was attributed to discrete items, primarily related to state apportionment rates, for the three months ended and for the nine months ended, December 31, 2019, respectively.

Income Taxes

9 Months Ended

Dec. 31, 2019

Note 7. Income Taxes

The Company recorded an income tax expense of approximately $229,000 for the three months ended December 31, 2019 compared to income tax benefit of approximately $376,000 for the three months ended December 31, 2018. The Company’s effective tax rate increased to 42.4% for the three months ended December 31, 2019 from 29.4% for the three months ended December 31, 2018. The Company recorded an income tax expense of approximately $527,000 for the nine months ended December 31, 2019 compared to income tax expense of approximately $293,000 for the nine months ended December 31, 2018. The Company’s effective tax rate increased to 31.1% for the nine months ended December 31, 2019 from 21.1% for the nine months ended December 31, 2018. The changes in the effective tax rate was attributed to discrete items, primarily related to state apportionment rates, for the three months ended and for the nine months ended, December 31, 2019, respectively.