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Changes in Shareholders' Equity (As Restated)
6 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Changes in Shareholders' Equity (As Restated) Changes in Shareholders Equity (As Restated):
Changes in Shareholders’ Equity for the six months ended September 30, 2023 is summarized below (in thousands):
Common StockAdditional
Paid-In
Capital
Retained
Earnings
Beginning balance at March 31, 2023:$21 $18,277 $91,659 
Share based compensation— 1,760 — 
Dividends declared— — (6,346)
Net loss— — (1,136)
Ending balance at June 30, 2023:$21 $20,037 $84,177 
Share based compensation— 1,728 — 
Dividends declared— — (6,308)
Net loss— — 715 
Ending balance at September 30, 2023:$21 $21,765 $78,584 
Changes in Shareholders’ Equity for the six months ended September 30, 2022 is summarized below (in thousands):
Common StockAdditional
Paid-In
Capital
Retained
Earnings
Beginning balance at March 31, 2022:$21 $11,660 $111,760 
Share based compensation— 1,536 — 
Dividends declared— — (6,297)
Net income— — 2,687 
Ending balance at June 30, 2022$21 $13,196 $108,150 
Share based compensation— 1,681 — 
Dividends declared— — (6,307)
Net income— — 2,881 
Ending balance at September 30, 2022$21 $14,877 $104,724 
There were no shares of common stock that were purchased or retired in the six months ended September 30, 2023 or 2022. At September 30, 2023, the Company had approximately $28.7 million remaining under the Company’s share repurchase plan.