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NET (LOSS) INCOME PER COMMON SHARE (Tables)
3 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of the Effect of Net Income Per Common Share Net income per common share is calculated based upon the following shares:

 

 

 

For the Three Months Ended

June 30,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

Net (loss) income (in thousands)

 

$

(2,835

)

 

$

2,510

 

Denominator:

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

31,138,398

 

 

 

30,860,178

 

Weighted-average common shares and common share

   equivalents outstanding

 

 

31,138,398

 

 

 

31,289,924

 

Net (loss) income per common share:

 

 

 

 

 

 

 

 

Basic

 

$

(0.09

)

 

$

0.08

 

Diluted

 

$

(0.09

)

 

$

0.08

 

 

Number of Potentially Dilutive Securities Excluded from the Calculation of Diluted Net Income per Common Share

The following table indicates the number of potentially dilutive securities excluded from the calculation of Diluted net income per common share because their inclusion would have been anti-dilutive. The number of shares is as of the end of each period:

 

 

 

For the Three Months Ended

June 30,

 

 

 

2022

 

 

2021

 

Common stock options

 

 

 

 

 

 

Restricted shares

 

 

 

 

 

26,205

 

Total

 

 

 

 

 

26,205