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2. NET INCOME (LOSS) PER COMMON SHARE (Tables)
12 Months Ended
Mar. 31, 2016
NET LOSS PER COMMON SHARE  
Basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31,

 

 

2016

 

2015

 

2014

 

 

(In thousands, except per share amounts)

Net loss

 

$

(2,170)

 

$

(4,978)

 

$

(6,189)

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

Weighted average shares—Basic

 

 

22,593

 

 

25,029

 

 

27,505

Dilutive effect of employee stock options

 

 

 -

 

 

 -

 

 

 -

Dilutive effect of employee stock purchase plan options

 

 

 -

 

 

 -

 

 

 -

Weighted average shares—Dilutive

 

 

22,593

 

 

25,029

 

 

27,505

Net loss per common share—Basic

 

$

(0.10)

 

$

(0.20)

 

$

(0.23)

Net loss per common share—Diluted

 

$

(0.10)

 

$

(0.20)

 

$

(0.23)

 

Anti-dilutive shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31,

 

 

 

2016

 

 

2015

 

 

2014

 

 

 

(In thousands)

Shares underlying options

 

 

5,407

 

 

3,851

 

 

2,911