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COMPUTATION OF EARNINGS PER SHARE
6 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
COMPUTATION OF EARNINGS PER SHARE

(J) COMPUTATION OF EARNINGS PER SHARE

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,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Weighted-Average Shares of Common Stock Outstanding

 

 

35,056,973

 

 

 

37,140,197

 

 

 

35,165,268

 

 

 

37,559,087

 

Effect of Dilutive Shares

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

312,065

 

 

 

420,199

 

 

 

316,163

 

 

 

424,489

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(169,038

)

 

 

(310,956

)

 

 

(171,659

)

 

 

(311,373

)

Restricted Stock Units

 

 

136,966

 

 

 

117,439

 

 

 

124,065

 

 

 

120,410

 

Weighted-Average Common Stock and Dilutive Securities Outstanding

 

 

35,336,966

 

 

 

37,366,879

 

 

 

35,433,837

 

 

 

37,792,613

 

Shares Excluded Due to Anti-Dilution Effects

 

 

4,884

 

 

 

46,750

 

 

 

31,586

 

 

 

39,703