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EARNINGS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2023
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, 2023, 2022 and 2021 (in thousands, except per share data):

 
2023
   
2022
   
2021
 
                   
Net earnings attributable to common shareholders - basic and diluted
 
$
119,356
   
$
105,600
   
$
74,397
 
                         
Basic and diluted common shares outstanding:
                       
Weighted average common shares outstanding — basic
   
26,569
     
26,638
     
26,674
 
Effect of dilutive shares
   
85
     
228
     
160
 
Weighted average shares common outstanding — diluted
   
26,654
     
26,866
     
26,834
 
                         
Earnings per common share - basic
 
$
4.49
   
$
3.96
   
$
2.79
 
                         
Earnings per common share - diluted
 
$
4.48
   
$
3.93
   
$
2.77