AVERAGE SHARE INFORMATION

9 Months Ended

Dec. 31, 2017

The following is a summary of the basic and diluted average common shares outstanding:



	Three months ended December 31,		Nine months ended December 31,
	2017	2016	2017	2016
Basic:
Weighted average common shares outstanding (denominator)	8,787,835	8,701,975	8,729,710	8,716,960

Diluted:
Weighted average common shares outstanding	8,787,835	8,701,975	8,729,710	8,716,960
Dilutive potential common shares stock options	150,125	80,622	157,053	68,875
Weighted average diluted shares outstanding (denominator)	8,937,960	8,782,597	8,886,763	8,785,835

Options to purchase 338,489 and 746,274 shares of common stock at various prices were outstanding during the three months ended December 31, 2017 and 2016 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive.

Options to purchase 392,609 and 734,155 shares of common stock at various prices were outstanding during the nine months ended December 31, 2017 and 2016 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive.