Earnings Per Share

12 Months Ended

Mar. 31, 2021

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, 2021
	Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic EPS
Income from continuing operations available to common shareholders	$	88,282,828	6,493,898	$	13.59

Effect of dilutive securities options and restricted stock	—		178,212

Diluted EPS
Income from continuing operations available to common shareholders including dilutive securities	$	88,282,828	6,672,110	$	13.23


	For the year ended March 31, 2020
	Income (Numerator)		Shares (Denominator)	Per Share Amount
Basic EPS
Income from continuing operations available to common shareholders	$	28,157,478	7,688,242	$	3.66

Effect of dilutive securities options and restricted stock	—		264,658

Diluted EPS
Income from continuing operations available to common shareholders including dilutive securities	$	28,157,478	7,952,900	$	3.54


	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

Options to purchase 608,087, 656,347, and 592,947 shares of common stock at various prices were outstanding during the years ended March 31, 2021, 2020, and 2019, respectively, but were not included in the computation of diluted EPS because the option exercise price was antidilutive.