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AVERAGE SHARE INFORMATION
6 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
AVERAGE SHARE INFORMATION
AVERAGE SHARE INFORMATION

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

 
Three months ended September 30,
 
Six months ended September 30,
 
2018
 
2017
 
2018
 
2017
Basic:
 
 
 
 
 
 
 
Weighted average common shares outstanding (denominator)
9,072,160

 
8,713,638

 
9,063,524

 
8,700,489

 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 

 
 

Weighted average common shares outstanding
9,072,160

 
8,713,638

 
9,063,524

 
8,700,489

Dilutive potential common shares securities
220,726

 
181,636

 
209,580

 
160,518

Weighted average diluted shares outstanding (denominator)
9,292,886

 
8,895,274

 
9,273,104

 
8,861,007



Options to purchase 468,253 and 295,550 shares of common stock at various prices were outstanding during the three months ended September 30, 2018 and 2017 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive. 

Options to purchase 477,357 and 455,912 shares of common stock at various prices were outstanding during the six months ended September 30, 2018 and 2017 respectively, but were not included in the computation of diluted EPS because the option exercise price was anti-dilutive.