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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts). Weighted average shares includes the impact of shares held in treasury.

 

 

 

Three Months Ended December 31,

 

 

Nine Months Ended December 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

(In thousands, except per share data)

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(1,171

)

 

$

448

 

 

$

(3,103

)

 

$

559

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted earnings per share —

   weighted average shares

 

 

24,299

 

 

 

27,129

 

 

 

25,857

 

 

 

27,130

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (loss) income per share

 

$

(0.05

)

 

$

.02

 

 

$

(0.12

)

 

$

.02