Stockholders' Equity

6 Months Ended

Sep. 30, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders' Equity

The following table represents changes in stockholders' equity for the six months ended September 30, 2017 (dollars in thousands):

				Additional paid-in capital			Retained earnings		Accumulated other comprehensive income		Total
	Common Stock
	Shares	Amount
Balance, April 1, 2017	8,994,968	$	90	$	244,791		$	148,141	$	1,386	$	394,408
Cumulative effect of implementing ASU 2016-09	—	—		—			69		—		69
Stock option exercises, including incremental tax benefits	32,626	—		(1,583		)			—		(1,583		)
Share-based compensation	—	—		1,535			—		—		1,535
Net income	—	—		—			17,935		—		17,935
Unrealized loss on available-for-sale securities	—	—		—			—		604		604
Balance, September 30, 2017	9,027,594	$	90	$	244,743		$	166,145	$	1,990	$	412,968

(1) Other comprehensive income is comprised of unrealized gains and losses on available-for-sale investments. Unrealized gains before tax effect on available-for-sale securities were $983,000 for the six months ended September 30, 2017.