Changes in Shareholders' Equity and Comprehensive Income

6 Months Ended

Sep. 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 six months ended September 30, 2016 are summarized below (in thousands):

	Additional
	Paid-In		Retained
	Capital		Earnings
Beginning balance at March 31, 2016:	$	4,871	$	78,295
Share based compensation		946		-
Dividends declared		-		(7,786	)
Excess tax benefits related to restricted stock		115		-
Net income		-		11,493
Ending balance at September 30, 2016:	$	5,932	$	82,002

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