Net Earnings Per Share

3 Months Ended

Jun. 30, 2012

Net Earnings Per Share [Abstract]

NET EARNINGS PER SHARE

NOTE 3 — NET EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

	Three months ended June  30
	2012		2011
Numerator:
Net income	$	3,840	$	3,337
Denominator:
Denominator for basic earnings per share — weighted average shares		27,130		27,130
Effect of dilutive securities on denominator:
Options (computed using the treasury stock method)		—		—
Denominator for diluted earnings per share — weighted average shares and assumed conversions		27,130		27,130
Basic and diluted earnings per share	$	.14	$	.12