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Changes in Shareholders' Equity and Comprehensive Income
3 Months Ended
Jun. 30, 2016
Stockholders' Equity Note [Abstract]  
Changes in Shareholders' Equity and Comprehensive Income

Note 7: Changes in Shareholders’ Equity and Comprehensive Income:

 

Changes in shareholders’ equity for the three months ended June 30, 2016 is summarized below (in thousands):

 

    Additional        
    Paid-In     Retained  
    Capital     Earnings  
             
Beginning balance at March 31, 2016:   $ 4,871     $ 78,295  
Share based compensation     463       -  
Dividends declared     -       (3,885 )
Net income     -       6,594  
Ending balance at June 30, 2016:   $ 5,334     $ 81,004  

 

No shares of treasury stock were purchased or retired in the three months ended June 30, 2016 and 2015.