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COMPUTATION OF EARNINGS PER SHARE (Tables)
6 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Common Shares Outstanding

The calculation of basic and diluted common shares outstanding is as follows:

 

 

 

For the Three Months Ended September 30,

 

 

For the Six Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Weighted-Average Shares of Common Stock Outstanding

 

 

37,140,197

 

 

 

41,222,161

 

 

 

37,559,087

 

 

 

41,623,187

 

Effect of Dilutive Shares

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

420,199

 

 

 

560,876

 

 

 

424,489

 

 

 

606,876

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(310,956

)

 

 

(365,887

)

 

 

(311,373

)

 

 

(395,516

)

Restricted Stock Units

 

 

117,439

 

 

 

177,583

 

 

 

120,410

 

 

 

179,300

 

Weighted-Average Common Stock and Dilutive Securities Outstanding

 

 

37,366,879

 

 

 

41,594,733

 

 

 

37,792,613

 

 

 

42,013,847

 

Shares Excluded Due to Anti-dilution Effects

 

 

46,750

 

 

 

3,578

 

 

 

39,703

 

 

 

2,684