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Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2019
Earnings Per Share  
Calculation of Basic and Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

Amounts in thousands, except per share amounts

Amounts in thousands, except per share amounts

 

2019

 

2018

 

2017

Earnings per share – Basic:

 

 

    

    

 

    

 

 

    

Net earnings

 

$

5,546

 

$

5,195

 

$

1,445

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 —

 

 

 —

 

 

 —

Earnings available to common shareholders – Basic

 

$

5,546

 

$

5,195

 

$

1,445

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,437

 

 

8,371

 

 

8,313

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

$

0.66

 

$

0.62

 

$

0.17

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

 

 

Net earnings

 

$

5,546

 

$

5,195

 

$

1,445

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 —

 

 

 —

 

 

 —

Earnings available to common shareholders – Diluted

 

$

5,546

 

$

5,195

 

$

1,445

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,437

 

 

8,371

 

 

8,313

Effect of dilutive options

 

 

130

 

 

100

 

 

27

Weighted average common shares outstanding – Diluted

 

 

8,567

 

 

8,471

 

 

8,340

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

$

0.65

 

$

0.61

 

$

0.17

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above

 

 

94

 

 

40

 

 

60