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Earnings Per Share
6 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 2 — 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 September 30,

 

 

Six Months Ended

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss)

 

$

(876

)

 

$

(595

)

 

$

(1,863

)

 

$

(1,445

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted earnings per share —

   weighted average shares

 

 

21,043

 

 

 

22,405

 

 

 

21,043

 

 

 

22,515

 

Net (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted (loss) per share

 

$

(0.04

)

 

$

(0.03

)

 

$

(0.09

)

 

$

(0.06

)