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Statements of Shareholders' Equity (Unaudited) - USD ($)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Mar. 31, 2020   4,835,038        
Balance at Mar. 31, 2020   $ 48,350 $ 19,383,956 $ 516,523 $ 58,046,520 $ 77,995,349
Unrealized loss on marketable securities, net of tax   1,242,662 1,242,662
Net income   2,411,865 2,411,865
Total comprehensive income   3,654,527
Stock-based compensation   2,707 2,707
Cash dividends declared ($1.00 per share of common stock)   (4,835,038) (4,835,038)
Balance (in shares) at Jun. 30, 2020 4,835,038          
Balance at Jun. 30, 2020   $ 48,350 19,386,663 1,759,185 55,623,347 76,817,545
Balance (in shares) at Mar. 31, 2020   4,835,038        
Balance at Mar. 31, 2020   $ 48,350 19,383,956 516,523 58,046,520 77,995,349
Unrealized loss on marketable securities, net of tax           1,112,338
Net income           4,634,205
Balance (in shares) at Sep. 30, 2020   4,833,232        
Balance at Sep. 30, 2020   $ 48,332 19,329,577 1,628,861 53,010,649 74,017,419
Balance (in shares) at Jun. 30, 2020 4,835,038          
Balance at Jun. 30, 2020   48,350 19,386,663 1,759,185 55,623,347 76,817,545
Unrealized loss on marketable securities, net of tax   (130,324) (130,324)
Net income   2,222,340 2,222,340
Total comprehensive income           2,092,016
Stock-based compensation     34,315     34,315
Cash dividends declared ($1.00 per share of common stock)         (4,835,038) (4,835,038)
Balance (in shares) at Sep. 30, 2020   4,833,232        
Balance at Sep. 30, 2020   $ 48,332 19,329,577 1,628,861 53,010,649 74,017,419
Repurchase of common stock (in shares)   (1,806)        
Repurchase of common stock   $ (18) (91,401) (91,401)
Balance (in shares) at Mar. 31, 2021   4,833,232        
Balance at Mar. 31, 2021   $ 48,332 19,338,127 1,101,119 50,404,364 70,891,942 [1]
Unrealized loss on marketable securities, net of tax       (90,165)   (90,165)
Net income         3,579,566 3,579,566
Total comprehensive income           3,489,401
Stock-based compensation     7,238     7,238
Cash dividends declared ($1.00 per share of common stock)         (4,833,232) (4,833,232)
Balance (in shares) at Jun. 30, 2021 4,833,232          
Balance at Jun. 30, 2021   $ 48,332 19,345,365 1,010,954 49,150,698 69,555,349
Balance (in shares) at Mar. 31, 2021   4,833,232        
Balance at Mar. 31, 2021   $ 48,332 19,338,127 1,101,119 50,404,364 70,891,942 [1]
Unrealized loss on marketable securities, net of tax           (287,199)
Net income           7,226,073
Balance (in shares) at Sep. 30, 2021   4,833,232        
Balance at Sep. 30, 2021   $ 48,332 19,402,364 813,920 47,963,973 68,228,589
Balance (in shares) at Jun. 30, 2021 4,833,232          
Balance at Jun. 30, 2021   48,332 19,345,365 1,010,954 49,150,698 69,555,349
Unrealized loss on marketable securities, net of tax   (197,034) (197,034)
Net income   3,646,507 3,646,507
Total comprehensive income   3,449,473
Stock-based compensation   56,999 56,999
Cash dividends declared ($1.00 per share of common stock)   (4,833,232) (4,833,232)
Balance (in shares) at Sep. 30, 2021   4,833,232        
Balance at Sep. 30, 2021   $ 48,332 $ 19,402,364 $ 813,920 $ 47,963,973 $ 68,228,589
[1] The March 31, 2021 Balance Sheet is derived from the audited financial statements contained in our Annual Report on Form 10-K for the fiscal year ended March 31, 2021.