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QUARTERLY DATA -UNAUDITED
12 Months Ended
Mar. 31, 2013
QUARTERLY DATA -UNAUDITED [Abstract]  
QUARTERLY DATA -UNAUDITED
15. QUARTERLY DATA —UNAUDITED

We reviewed our RSA agreements and identified that certain RSAs issued contain non-forfeitable rights to dividends prior to their vesting. As a result, those RSAs are considered participating securities which requires us to use the two-class method to compute basic and diluted earnings per shares. Accordingly, we have corrected our reported earnings per share for the corresponding periods. Condensed quarterly financial information is as follows (amounts in thousands, except per share amounts):
 
  
Year Ended March 31, 2013
 
   
First Quarter
  
Second Quarter
  
Third Quarter
  
Fourth Quarter
  
Annual Amount
 
   
Previously
  
Adjust-
  
 
  
Previously
  
Adjust-
  
 
  
 
  
 
  
 
 
   
Reported
  
ments
  
As restated
  
Reported
  
ments
  
As restated
  
As reported
  
As reported
  
As reported
 
   
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
 
Total revenues
 $244,724  $-  $244,724  $260,051  $-  $260,051  $242,025  $236,312  $983,112 
Total costs and expenses
  231,161   -   231,161   243,143   -   243,143   226,496   223,567   924,367 
Earnings before provision for income taxes
  13,563   -   13,563   16,908   -   16,908   15,529   12,745   58,745 
Provision for income taxes
  5,501   -   5,501   6,875   -   6,875   6,496   5,043   23,915 
Net earnings
 $8,062  $-  $8,062  $10,033  $-  $10,033  $9,033  $7,702  $34,830 
                                      
Net earnings per common share—Basic (1)
 $1.04  $(0.03) $1.01  $1.29  $(0.03) $1.26  $1.11  $0.96  $4.37 
Net earnings per common share—Diluted (1)
 $1.02  $(0.02) $1.00  $1.27  $(0.02) $1.25  $1.11  $0.95  $4.32 
 
   
Year Ended March 31, 2012
 
   
First Quarter
  
Second Quarter
  
Third Quarter
  
Fourth Quarter
  
Annual Amount
 
   
Previously
  
Adjust-
  
 
  
Previously
  
Adjust-
  
 
  
Previously
  
Adjust-
  
 
  
Previously
  
Adjust-
  
 
  
 
 
   
Reported
  
ments
  
As restated
  
Reported
  
ments
  
As restated
  
Reported
  
ments
  
As restated
  
Reported
  
ments
  
As restated
  
As restated
 
   
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
 
Total revenues
 $178,899  $-  $178,899  $203,655  $-  $203,655  $224,028  $-  $224,028  $218,999  $-  $218,999  $825,581 
Total costs and expenses
  172,616   -   172,616   191,807   -   191,807   209,594   -   209,594   211,990   -   211,990   786,007 
Earnings before provision for income taxes
  6,283   -   6,283   11,848   -   11,848   14,434   -   14,434   7,009   -   7,009   39,574 
Provision for income taxes
  2,580   -   2,580   4,784   -   4,784   5,691   -   5,691   3,152   -   3,152   16,207 
Net earnings
 $3,703  $-  $3,703  $7,064  $-  $7,064  $8,743  $-  $8,743  $3,857  $-  $3,857  $23,367 
                                                      
Net earnings per common share—Basic (1)
 $0.45  $(0.02) $0.43  $0.87  $(0.04) $0.83  $1.12  $(0.04) $1.08  $0.50  $(0.02) $0.48  $2.82 
Net earnings per common share—Diluted (1)
 $0.44  $(0.01) $0.43  $0.85  $(0.03) $0.82  $1.10  $(0.03) $1.07  $0.49  $(0.01) $0.48  $2.79 

(1)
Basic and diluted earnings per share are computed independently for each of the quarters presented. Therefore, the sum of quarterly basic and diluted per share information may not equal annual basic and diluted earnings per share.