EARNINGS PER SHARE (Tables)

6 Months Ended

Sep. 30, 2012

Reconciliation of numerators and denominators used to calculate basic and diluted earnings per common share

The following table provides a reconciliation of the numerators and denominators used to calculate basic and diluted net earnings per common share as disclosed on our unaudited condensed consolidated statements of operations for the three and six months ended September 30, 2012 and September 30, 2011 (in thousands, except per share data).

	Three months ended September 30,				Six months ended September 30,
	2012		2011		2012		2011
Net earnings available to common shareholders—basic and diluted	$	10,033	$	7,064	$	18,095	$	10,767

Weighted average shares outstanding — basic		7,770		8,153		7,746		8,230
Effect of dilutive shares		151		174		167		192
Weighted average shares outstanding — diluted		7,921		8,327		7,913		8,422

Earnings per common share:
Basic	$	1.29	$	0.87	$	2.34	$	1.31
Diluted	$	1.27	$	0.85	$	2.29	$	1.28