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Earnings Per Share
12 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following is a reconciliation of the numerators and denominators of the basic and diluted EPS from continuing operations calculations:
 
For the year ended March 31, 2019
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share
Amount
Basic EPS
 
 
 
 
 
Income from continuing operations available to common shareholders
$
73,897,515

 
8,994,036

 
$
8.22

 
 
 
 
 
 
Effect of dilutive securities options and restricted stock

 
210,341

 
 

 
 
 
 
 
 
Diluted EPS
 

 
 

 
 

Income from continuing operations available to common shareholders including dilutive securities
$
73,897,515

 
9,204,377

 
$
8.03


 
For the year ended March 31, 2018
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share Amount
Basic EPS
 

 
 

 
 

Income from continuing operations available to common shareholders
$
49,093,080

 
8,791,168

 
$
5.58

 
 
 
 
 
 
Effect of dilutive securities options and restricted stock

 
167,508

 
 
 
 
 
 
 
 
Diluted EPS
 

 
 

 
 

Income from continuing operations available to common shareholders including dilutive securities
$
49,093,080

 
8,958,676

 
$
5.48


 
For the year ended March 31, 2017
 
Income
(Numerator)
 
Shares
(Denominator)
 
Per Share Amount
Basic EPS
 

 
 

 
 

Income from continuing operations available to common shareholders
$
67,790,382

 
8,705,658

 
$
7.79

 
 
 
 
 
 
Effect of dilutive securities options and restricted stock

 
72,386

 
 
 
 
 
 
 
 
Diluted EPS
 

 
 

 
 

Income from continuing operations available to common shareholders including dilutive securities
$
67,790,382

 
8,778,044

 
$
7.72



Options to purchase 592,947, 299,455, and 733,053 shares of common stock at various prices were outstanding during the years ended March 31, 2019, 2018, and 2017, respectively, but were not included in the computation of diluted EPS because the option exercise price was antidilutive.