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Net Earnings Per Share
6 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Net Earnings Per Share

NOTE 2 — 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

September 30,

 

 

Six Months Ended

September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

165

 

 

$

(710

)

 

$

111

 

 

$

(589

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted earnings per share — weighted average shares

 

 

27,130

 

 

 

27,130

 

 

 

27,130

 

 

 

27,130

 

Basic and diluted income (loss) per share

 

$

0.01

 

 

$

(0.03

)

 

$

0.00

 

 

$

(0.02

)