Weighted Average Shares and Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Calculations of Basic and Diluted Weighted Average Common Shares

The following table sets forth the calculations of the basic and diluted weighted average common shares for the three months ended June 30, 2024 and 2023:

	Three Months Ended June 30,
	2024		2023
Net Income	$	21,577,000	$	19,805,000
Basic:
Weighted average common shares outstanding		17,122,000		17,144,000
Net Income per share	$	1.26	$	1.16
Diluted:
Weighted average common shares outstanding		17,122,000		17,144,000
Treasury stock impact of stock options		191,000		241,000
Total common and common equivalent shares		17,313,000		17,385,000
Net Income per share	$	1.25	$	1.14