Income Per Common Share (Tables)

6 Months Ended

Sep. 30, 2014

Income Per Common Share Tables

Number of shares used in the calculation of basic income (loss) per share and diluted income (loss) per share

		Three Months Ended				Six Months Ended
		September 30				September 30
		2014		2013		2014		2013
Net income		$	86,256	$	194,051	$	105,310	$	210,182
Shares outstanding:
Weighted avg. common shares outstanding – basic			2,038,266		2,036,866		2,038,266		2,036,866
Effect of the assumed exercise of dilutive stock options			14,892		2,242		15,737		1,934
Weighted avg. common shares outstanding – dilutive			2,053,158		2,039,108		2,054,003		2,038,800
Earnings per common share:
	Basic	$	0.04	$	0.10	$	0.05	$	0.10
	Diluted	$	0.04	$	0.10	$	0.05	$	0.10