NOTE 4. NET INCOME PER SHARE

6 Months Ended

Sep. 30, 2024

Notes

NOTE 4. NET INCOME PER SHARE

NOTE 4. NET INCOME PER SHARE

Net income per basic share is computed based on the weighted-average number of common shares issued and outstanding during each period. Net income per diluted share amounts assume exercise of all stock options. The following tables show the components of diluted shares:

	Quarter Ended September 30,
	2024	2023
Weighted average common shares outstanding – basic	4,833,855	4,833,401
Dilutive effect of stock options	5,436	7,369
Shares used in computing net income per share – diluted	4,839,291	4,840,770

	Six Months Ended September 30,
	2024	2023
Weighted average common shares outstanding – basic	4,833,766	4,832,786
Dilutive effect of stock options	5,379	7,902
Shares used in computing net income per share – diluted	4,839,145	4,840,688