Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

6 Months Ended

Sep. 30, 2012

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

		Three Months Ended  September 30,				Six Months Ended  September 30,
		2012		2011		2012		2011
Basic EPS computation:
Numerator-net income (loss)	$	1,787,000	$	181,000	$	7,000	$	895,000
Denominator-weighted average common shares outstanding		22,339,487		22,314,854		22,336,425		22,311,792
Basic EPS	$	0.08	$	0.01	$	0.00	$	0.04
Diluted EPS computation:
Numerator-net income (loss)	$	1,787,000	$	181,000	$	7,000	$	895,000
Denominator-weighted average common shares outstanding		22,339,487		22,314,854		22,336,425		22,311,792
Effect of dilutive stock options		-		-		-		-
Weighted average common shares
and common stock equivalents		22,339,487		22,314,854		22,336,425		22,311,792
Diluted EPS	$	0.08	$	0.01	$	0.00	$	0.04