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EARNINGS PER SHARE (Tables)
6 Months Ended
Sep. 30, 2016
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 income per common share as disclosed on our consolidated statements of operations for the three and six months ended September 30, 2016 and 2015 (in thousands, except per share data):

  
Three Months Ended
September 30,
  
Six Months Ended
September 30,
 
  
2016
  
2015
  
2016
  
2015
 
             
Net earnings attributable to common shareholders - basic and diluted
 
$
16,775
  
$
15,679
  
$
27,446
  
$
24,493
 
                 
Basic and diluted common shares outstanding:
                
                 
Weighted average common shares outstanding — basic
  
6,909
   
7,274
   
6,971
   
7,249
 
Effect of dilutive shares
  
33
   
23
   
56
   
61
 
                 
Weighted average shares common outstanding — diluted
  
6,942
   
7,297
   
7,027
   
7,310
 
                 
Earnings per common share - basic
 
$
2.43
  
$
2.16
  
$
3.94
  
$
3.38
 
                 
Earnings per common share - diluted
 
$
2.42
  
$
2.15
  
$
3.91
  
$
3.35