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AVERAGE SHARE INFORMATION (Tables)
9 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Summary of basic and diluted average common shares outstanding
The following is a summary of the basic and diluted average common shares outstanding:

 
Three months ended
December 31,
 
Nine months ended
December 31,
 
2012
 
2011
 
2012
 
2011
Basic:
 
 
 
 
 
 
 
Weighted average common shares outstanding (denominator)
12,837,327

 
14,747,139

 
13,144,131

 
15,046,415

 
 
 
 
 
 
 
 
Diluted:
 

 
 

 
 

 
 

Weighted average common shares outstanding
12,837,327

 
14,747,139

 
13,144,131

 
15,046,415

Dilutive potential common shares stock options
262,962

 
372,540

 
287,137

 
395,233

Conversion premium on convertible notes

 

 

 
11,925

Weighted average diluted shares outstanding (denominator)
13,100,289

 
15,119,679

 
13,431,268

 
15,453,573