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Earnings Per Share
6 Months Ended
Sep. 30, 2020
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,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(956

)

 

$

(876

)

 

$

(2,081

)

 

$

(1,863

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic and diluted loss per share —

   weighted average shares

 

 

21,043

 

 

 

21,043

 

 

 

21,043

 

 

 

21,043

 

Net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

(0.05

)

 

$

(0.04

)

 

$

(0.10

)

 

$

(0.09

)