Basic and Diluted Earnings Per Share

6 Months Ended

Sep. 30, 2011

Basic and Diluted (loss) Earnings Per Common Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Basic and Diluted Earnings Per Common Share

The following is the reconciliation of the numerators and denominators of the basic and diluted net income per common share calculations:

	Three Months Ended September 30,
	2011			2010
Net income	$	3,345		$	1,099
Weighted average number of shares issued	30,434,808			30,158,789
Weighted average number of treasury shares	(9,668,977		)	(9,668,977		)
Weighted average number of shares outstanding used in basic earnings per share calculation	20,765,831			20,489,812
Basic net income per common share	$	0.16		$	0.05
Weighted average number of shares outstanding used in basic earnings per share calculation	20,765,831			20,489,812
Effect of dilutive securities:
Stock options and warrants	213,116			151,191
Weighted average number of shares outstanding used in diluted earnings per share calculation	20,978,947			20,641,003
Diluted net income per common share	$	0.16		$	0.05
Antidilutive securities not included in diluted earnings per share computation:
Options and warrants to purchase common stock	6,478,354			6,734,036
Exercise price	$3.30 to $5.55			$2.18 to $5.55

	Six Months Ended September 30,
	2011			2010
Net income	$	448		$	1,331
Weighted average number of shares issued	30,427,013			30,151,784
Weighted average number of treasury shares	(9,668,977		)	(9,668,977		)
Weighted average number of shares outstanding used in basic earnings per share calculation	20,758,036			20,482,807
Basic net income per common share	$	0.02		$	0.06
Weighted average number of shares outstanding used in basic earnings per share calculation	20,758,036			20,482,807
Effect of dilutive securities:
Stock options and warrants	106,558			130,796
Weighted average number of shares outstanding used in diluted earnings per share calculation	20,864,594			20,613,603
Diluted net income per common share	$	0.02		$	0.06
Antidilutive securities not included in diluted earnings per share computation:
Options and warrants to purchase common stock	6,487,591			6,853,111
Exercise price	$3.30 to $5.55			$2.18 to $5.55

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