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Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2013
Earnings Per Share  
Summary of reconciliations between the numerator and the denominator of the basic and diluted earnings per share computations

Reconciliations between the numerator and the denominator of the basic and diluted earnings per share computations for the years ended March 31, 2013, 2012 and 2011 are as follows:

 

 

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

 

 

(in thousands, except per share amounts)

 

Year ended March 31, 2013:

 

 

 

 

 

 

 

Basic income per share

 

$

4,209

 

5,455

 

$

.77

 

Effective dilutive securities— Common stock options

 

 

200

 

(.03

)

Diluted income per share

 

$

4,209

 

5,655

 

$

.74

 

Year ended March 31, 2012:

 

 

 

 

 

 

 

Basic income per share

 

$

3,632

 

5,414

 

$

0.67

 

Effective dilutive securities— Common stock options

 

 

120

 

(.01

)

Diluted income per share

 

$

3,632

 

5,534

 

$

0.66

 

Year ended March 31, 2011:

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

1,730

 

5,353

 

$

0.32

 

Effective dilutive securities— Common stock options

 

 

60

 

 

Diluted income per share

 

$

1,730

 

5,413

 

$

0.32