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NET LOSS PER COMMON SHARE (Tables)
12 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Summary of the effect of net income per common share The effect of net loss per common share is calculated based upon the following shares:

 

 

 

Fiscal Year Ended March 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss (dollars in thousands)

 

$

(6,674

)

 

$

(13,128

)

 

$

(12,288

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

29,429,540

 

 

 

28,783,830

 

 

 

28,156,382

 

Weighted-average common shares and share equivalents outstanding

 

 

29,429,540

 

 

 

28,783,830

 

 

 

28,156,382

 

Net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.23

)

 

$

(0.46

)

 

$

(0.44

)

Diluted

 

$

(0.23

)

 

$

(0.46

)

 

$

(0.44

)

 

Number of potentially dilutive securities

The following table indicates the number of potentially dilutive securities as of the end of each period:

 

 

 

March 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Common stock options

 

 

467,836

 

 

 

629,667

 

 

 

1,520,953

 

Restricted shares

 

 

1,312,593

 

 

 

1,485,799

 

 

 

1,704,543

 

Total

 

 

1,780,429

 

 

 

2,115,466

 

 

 

3,225,496