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

    

Three Months Ended September 30, 

    

Six Months Ended September 30, 

    

    

2021

    

2020

    

2021

    

2020

    

Basic EPS computation:

 

  

 

  

 

  

 

  

 

Numerator-net income

$

6,430,000

$

2,543,000

$

12,185,000

$

3,023,000

Denominator-weighted average common shares outstanding

 

22,179,829

 

22,261,709

 

22,261,856

 

22,259,201

Basic EPS

$

0.29

$

0.11

$

0.55

$

0.14

Diluted EPS computation:

 

  

 

  

 

  

 

  

Numerator-net income

$

6,430,000

$

2,543,000

$

12,185,000

$

3,023,000

Denominator-weighted average common shares outstanding

 

22,179,829

 

22,261,709

 

22,261,856

 

22,259,201

Effect of dilutive stock options

 

11,658

 

14,603

 

12,812

 

17,107

Weighted average common shares and common stock equivalents

 

22,191,487

 

22,276,312

 

22,274,668

 

22,276,308

Diluted EPS

$

0.29

$

0.11

$

0.55

$

0.14