EARNINGS PER SHARE (Tables)

12 Months Ended

Mar. 31, 2013

EARNINGS PER SHARE [Abstract]

Reconciliation of Numerators and Denominators Used to Calculate Basic and Diluted Earnings per Common Share

The following table provides a reconciliation of the numerators and denominators used to calculate basic and diluted net earnings per common share as disclosed in our consolidated statements of operations for the fiscal years ended March 31, 2013, 2012, and 2011 (in thousands, except per share data).

	Year Ended March 31,
	2013		2012		2011
Basic and diluted shares outstanding
Weighted average shares outstanding — basic		7,810		8,002		8,201
Effect of dilutive shares		93		93		152
Weighted average shares outstanding — diluted		7,903		8,095		8,353
Calculation of earnings per share - basic
Net earnings	$	34,830	$	23,367	$	23,727
Net earnings attributable to participating securities		668		764		524
Net earnings attributable to common shareholders	$	34,162	$	22,603	$	23,203
Earnings per share - basic	$	4.37	$	2.82	$	2.83
Calculation of earnings per share - diluted
Net earnings attributable to common shareholders— basic	$	34,162	$	22,603	$	23,203
Add: undistributed earnings attributable to participating securities		4		8		9
Net earnings attributable to common shareholders— diluted	$	34,166	$	22,612	$	23,213
Earnings per share - diluted	$	4.32	$	2.79	$	2.78