XML 22 R11.htm IDEA: XBRL DOCUMENT v3.24.4
NOTE 4. NET INCOME PER SHARE
9 Months Ended
Dec. 31, 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 December 31,

 

2024

 

2023

Weighted average common shares outstanding – basic

4,835,262

 

4,833,401

Dilutive effect of stock options

3,862

 

3,829

Shares used in computing net income per share – diluted

4,839,124

 

4,837,230

 

Nine Months Ended December 31,

 

2024

 

2023

Weighted average common shares outstanding – basic

4,834,382

 

4,832,992

Dilutive effect of stock options

4,865

 

6,733

Shares used in computing net income per share – diluted

4,839,247

 

4,839,725