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STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Mar. 31, 2022 $ 48,308 $ 19,256,485 $ (318,120) $ 45,578,456 $ 64,565,129
Beginning balance (in shares) at Mar. 31, 2022 4,830,826        
Comprehensive income:          
Unrealized loss on marketable securities, net of tax   (338,553)   (338,553)
Net income       4,140,116 4,140,116
Total comprehensive income         3,801,563
Stock-based compensation   7,134     7,134
Cash dividends declared ($1.00 per share of common stock)       (4,830,826) (4,830,826)
Ending balance, value at Jun. 30, 2022 $ 48,308 19,263,619 (656,673) 44,887,746 63,543,000
Ending balance (in shares) at Jun. 30, 2022 4,830,826        
Beginning balance, value at Mar. 31, 2022 $ 48,308 19,256,485 (318,120) 45,578,456 64,565,129
Beginning balance (in shares) at Mar. 31, 2022 4,830,826        
Comprehensive income:          
Net income         10,230,490
Total comprehensive income         8,764,575
Ending balance, value at Sep. 30, 2022 $ 48,308 19,303,570 (1,784,035) 46,147,293 63,715,136
Ending balance (in shares) at Sep. 30, 2022 4,830,826        
Beginning balance, value at Jun. 30, 2022 $ 48,308 19,263,619 (656,673) 44,887,746 63,543,000
Beginning balance (in shares) at Jun. 30, 2022 4,830,826        
Comprehensive income:          
Unrealized loss on marketable securities, net of tax   (1,127,362)   (1,127,362)
Net income       6,090,373 6,090,373
Total comprehensive income         4,963,011
Stock-based compensation   39,951     39,951
Cash dividends declared ($1.00 per share of common stock)       (4,830,826) (4,830,826)
Ending balance, value at Sep. 30, 2022 $ 48,308 19,303,570 (1,784,035) 46,147,293 63,715,136
Ending balance (in shares) at Sep. 30, 2022 4,830,826        
Beginning balance, value at Mar. 31, 2023 $ 48,308 19,295,442 (1,213,858) 48,949,610 67,079,502 [1]
Beginning balance (in shares) at Mar. 31, 2023 4,830,826        
Exercise of stock options $ 26 117,501     117,527
Exercise of stock options (in shares) 2,575        
Comprehensive income:          
Unrealized loss on marketable securities, net of tax     (234,701)   (234,701)
Net income       4,403,730 4,403,730
Total comprehensive income         4,169,029
Stock-based compensation   10,536     10,536
Cash dividends declared ($1.00 per share of common stock)       (4,830,826) (4,830,826)
Ending balance, value at Jun. 30, 2023 $ 48,334 19,423,479 (1,448,559) 48,522,514 66,545,768
Ending balance (in shares) at Jun. 30, 2023 4,833,401        
Beginning balance, value at Mar. 31, 2023 $ 48,308 19,295,442 (1,213,858) 48,949,610 67,079,502 [1]
Beginning balance (in shares) at Mar. 31, 2023 4,830,826        
Comprehensive income:          
Net income         9,127,296
Total comprehensive income         8,839,007
Ending balance, value at Sep. 30, 2023 $ 48,334 19,529,791 (1,502,147) 48,412,679 66,488,657
Ending balance (in shares) at Sep. 30, 2023 4,833,401        
Beginning balance, value at Jun. 30, 2023 $ 48,334 19,423,479 (1,448,559) 48,522,514 66,545,768
Beginning balance (in shares) at Jun. 30, 2023 4,833,401        
Comprehensive income:          
Unrealized loss on marketable securities, net of tax   (53,588)   (53,588)
Net income       4,723,566 4,723,566
Total comprehensive income         4,669,978
Stock-based compensation   106,312     106,312
Cash dividends declared ($1.00 per share of common stock)       (4,833,401) (4,833,401)
Ending balance, value at Sep. 30, 2023 $ 48,334 $ 19,529,791 $ (1,502,147) $ 48,412,679 $ 66,488,657
Ending balance (in shares) at Sep. 30, 2023 4,833,401        
[1] The March 31, 2023 Balance Sheet is derived from the audited financial statements contained in our Annual Report on Form 10-K for the fiscal year ended March 31, 2023.