Three Months Ended September 30,

Six Months Ended

September 30,

2013

2012

2013

2012

Basic EPS computation:

Numerator-net income

$

341,000

$

1,787,000

$

1,981,000

$

7,000

Denominator-weighted average common shares outstanding

22,364,120

22,339,487

22,361,058

22,336,425

Basic EPS

$

0.02

$

0.08

$

0.09

$

0.00

Diluted EPS computation:

Numerator-net income

$

341,000

$

1,787,000

$

1,981,000

$

7,000

Denominator-weighted average common shares outstanding

22,364,120

22,339,487

22,361,058

22,336,425

Effect of dilutive stock options

1,340

-

883

-

Weighted average common shares and common stock equivalents

22,365,460

22,339,487

22,361,941

22,336,425

Diluted EPS

$

0.02

$

0.08

$

0.09

$

0.00