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EARNINGS PER SHARE (Tables)
3 Months Ended
Jun. 30, 2021
EARNINGS PER SHARE  
Schedule of basic and diluted earnings per share

    

Three Months Ended June 30, 

    

    

2021

    

2020

    

Basic EPS computation:

 

  

 

  

 

Numerator-net income

$

5,755,000

$

480,000

Denominator-weighted average common shares outstanding

 

22,344,785

 

22,256,665

Basic EPS

$

0.26

$

0.02

Diluted EPS computation:

 

  

 

  

Numerator-net income

$

5,755,000

$

480,000

Denominator-weighted average common shares outstanding

 

22,344,785

 

22,256,665

Effect of dilutive stock options

 

13,979

 

19,638

Weighted average common shares and common stock equivalents

 

22,358,764

 

22,276,303

Diluted EPS

$

0.26

$

0.02