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(Loss) Earnings Per Share
 6 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings (Loss) per Share

The following data shows the amounts used in computing (loss) earnings per share and the effect on income and the weighted average number of shares of dilutive potential common shares.
 
Three months ended
 
Six months ended
 
September 30,
 
September 30,
(In thousands, except per share data)
2013
 
2012
 
2013
 
2012
Numerator:
 
 
 
 
 
 
 
Loss from continuing operations
$
(628
)
 
$
(1,415
)
 
$
(267
)
 
$
(4,070
)
Income from discontinued operations
21,080

 
1,064

 
22,035

 
1,926

Net income (loss)
$
20,452

 
$
(351
)
 
$
21,768

 
$
(2,144
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares outstanding - basic and diluted
22,125

 
21,883

 
22,075

 
21,860

 
 
 
 
 
 
 
 
Earnings (loss) per share - basic and diluted:
 
 
 
 
 
 
 
Loss from continuing operations
$
(0.03
)
 
$
(0.06
)
 
$
(0.01
)
 
$
(0.19
)
Income from discontinued operations
0.95

 
0.05

 
1.00

 
0.09

Net income (loss) per share
$
0.92

 
$
(0.01
)
 
$
0.99

 
$
(0.10
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Anti-dilutive stock options, SSARs, restricted shares and performance shares
1,406

 
1,884

 
1,502
 
1,807


Basic earnings (loss) per share is computed as net income available to common shareholders divided by the weighted average basic shares outstanding. The outstanding shares used to calculate the weighted average basic shares excludes 283,596 and 241,412 of restricted shares and performance shares at September 30, 2013 and 2012, respectively, as these shares were issued but were not vested and, therefore, not considered outstanding for purposes of computing basic earnings per share at the balance sheet dates.

Diluted earnings (loss) per share includes the effect of all potentially dilutive securities on earnings per share. We have stock options, stock-settled appreciation rights ("SSARs") and unvested restricted shares that are potentially dilutive securities. When a loss is reported, the denominator of diluted earnings per share cannot be adjusted for the dilutive impact of share-based compensation awards because doing so would be anti-dilutive. In addition, when a loss from continuing operations is reported, adjusting the denominator of diluted earnings per share would also be anti-dilutive to the loss per share, even if the entity has net income after adjusting for a discontinued operation. Therefore, for all periods presented, basic weighted-average shares outstanding were used in calculating the diluted net loss per share.