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Net Earnings Per Share
12 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Earnings Per Share

NOTE 9 — NET EARNINGS PER SHARE:

The following table sets forth the computation of basic and diluted earnings per share for the years ended March 31, 2017 and March 31, 2016:

 

 

 

2017

 

 

2016

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

Net (loss) for basic and diluted earnings per share

 

$

(237

)

 

$

(968

)

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic earnings per share — weighted

   average shares

 

 

27,115

 

 

 

27,130

 

Effect of dilutive securities on denominator:

 

 

 

 

 

 

 

 

Options

 

 

 

 

 

 

Denominator for diluted earnings per share — weighted

   average shares and assumed conversions

 

 

27,115

 

 

 

27,130

 

Net (loss) per share:

 

 

 

 

 

 

 

 

Basic and diluted (loss) per share

 

$

(0.01

)

 

$

(0.04

)

 

For the year ended March 31, 2017, there were no outstanding instruments which were potentially dilutive.