AVERAGE SHARE INFORMATION (Tables)

3 Months Ended

Jun. 30, 2012

AVERAGE SHARE INFORMATION [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
	June 30,
	2012		2011
Basic:
Weighted average common shares outstanding (denominator)		13,614,838		15,481,814
Diluted:
Weighted average common shares outstanding		13,614,838		15,481,814
Dilutive potential common shares Stock options		287,095		408,599
Conversion premium on convertible notes		-		27,631
Weighted average diluted shares outstanding (denominator)		13,901,933		15,918,044