Net Earnings Per Share (Tables)

12 Months Ended

Mar. 31, 2014

Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share for the years ended March 31, 2014 and March 31, 2013:

	2014		2013
	(In thousands, except per share data)
Numerator:
Net income for basic and diluted earnings per share	$	1,317	$	5,999
Denominator:
Denominator for basic earnings per share — weighted average shares		27,130		27,130
Effect of dilutive securities on denominator:
Options		—		—
Denominator for diluted earnings per share — weighted average shares and assumed conversions		27,130		27,130
Net income per share:
Basic and diluted income per share	$	.05	$	.22