NOTE 4. NET INCOME PER SHARE

9 Months Ended

Dec. 31, 2022

Notes

NOTE 4. NET INCOME PER SHARE

NOTE 4. NET INCOME PER SHARE

Net income per basic share is computed based on the weighted-average number of common shares issued and outstanding during each period. Net income per diluted share amounts assume exercise of all stock options. The following tables show the components of diluted shares:

	Quarter Ended December 31,
	2022	2021
Weighted average common shares outstanding – basic	4,830,826	4,833,604
Dilutive effect of stock options	1,542	2,166
Shares used in computing net income per share – diluted	4,832,368	4,835,770
	Nine Months Ended December 31,
	2022	2021
Weighted average common shares outstanding – basic	4,830,826	4,833,356
Dilutive effect of stock options	342	2,425
Shares used in computing net income per share – diluted	4,831,168	4,835,781