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EARNINGS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2020
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, 2020, 2019 and 2018(in thousands, except per share data).

 
2020
   
2019
   
2018
 
                   
Net earnings attributable to common shareholders - basic and diluted
 
$
69,082
   
$
63,192
   
$
55,122
 
                         
Basic and diluted common shares outstanding:
                       
Weighted average common shares outstanding — basic
   
13,327
     
13,448
     
13,790
 
Effect of dilutive shares
   
88
     
130
     
177
 
Weighted average shares common outstanding — diluted
   
13,415
     
13,578
     
13,967
 
                         
Earnings per common share - basic
 
$
5.18
   
$
4.70
   
$
4.00
 
                         
Earnings per common share - diluted
 
$
5.15
   
$
4.65
   
$
3.95