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EARNINGS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2022
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, 2022, 2021 and 2020 (in thousands, except per share data):

 
2022
   
2021
   
2020
 
                   
Net earnings attributable to common shareholders - basic and diluted
 
$
105,600
   
$
74,397
   
$
69,082
 
                         
Basic and diluted common shares outstanding:
                       
Weighted average common shares outstanding — basic
   
26,638
     
26,674
     
26,654
 
Effect of dilutive shares
   
228
     
160
     
176
 
Weighted average shares common outstanding — diluted
   
26,866
     
26,834
     
26,830
 
                         
Earnings per common share - basic
 
$
3.96
   
$
2.79
   
$
2.59
 
                         
Earnings per common share - diluted
 
$
3.93
   
$
2.77
   
$
2.57