Note 6 - Changes in Shareholders' Equity

6 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Stockholders' Equity Note Disclosure [Text Block]

Note 6:   Changes in Shareholders’ Equity

Changes in shareholders’ equity for the six months ended September 30, 2021 and 2020 are summarized below (in thousands):

			Additional
	Common		Paid-In		Retained
	Stock		Capital		Earnings
Beginning balance at March 31, 2021:	$	20	$	7,111	$	134,141
Share based compensation		-		718		-
Dividends declared		-		-		(6,080	)
Net income		-		-		4,428
Ending balance at June 30, 2021:	$	20	$	7,829	$	132,489
Shares Issued		1
Share based compensation		-		882		-
Dividends declared		-		-		(6,092	)
Net income		-		-		6,349
Ending balance at September 30, 2021:	$	21	$	8,711	$	132,746

Note 6:   Changes in Shareholders’ Equity (Continued)

			Additional
	Common		Paid-In		Retained
	Stock		Capital		Earnings
Beginning balance at March 31, 2020:	$	20	$	3,804	$	126,177
Share based compensation		-		740		-
Dividends declared		-		-		(5,647	)
Net income		-		-		7,768
Ending balance at June 30, 2020:	$	20	$	4,544	$	128,298
Share based compensation		-		773		-
Dividends declared		-		-		(5,647	)
Net income		-		-		8,412
Ending balance at September 30, 2020:	$	20	$	5,317	$	131,063

During the six months ended September 30, 2021 and 2020, there were no shares of common stock that were purchased or retired. At September 30, 2021, the Company had approximately $28.7 million remaining under the Company’s share repurchase plan.