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NET INCOME PER SHARE
6 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
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 September 30, 
   2023   2022 
Weighted average common shares outstanding – basic   4,833,401    4,830,826 
Dilutive effect of stock options   7,369    130 
Shares used in computing net income per share – diluted   4,840,770    4,830,956 

 

               
   Six Months Ended September 30, 
   2023   2022 
Weighted average common shares outstanding – basic   4,832,786    4,830,826 
Dilutive effect of stock options   7,902    101 
Shares used in computing net income per share – diluted   4,840,688    4,830,927