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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of amounts used in computing earnings per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares

The following data shows the amounts used in computing earnings per share and the effect on earnings and the weighted average number of shares of dilutive potential common shares.

 

 

Three Months Ended June 30,

 

(In thousands, except per share data)

2022

 

 

2021

 

Numerator:

 

 

 

 

 

Net income

$

3,039

 

 

$

1,972

 

Series A convertible preferred stock dividends

 

(459

)

 

 

(459

)

Net income attributable to common shareholders

$

2,580

 

 

$

1,513

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Weighted average shares outstanding - basic

 

24,598

 

 

 

24,014

 

Dilutive SSARs

 

728

 

 

 

1,115

 

Dilutive unvested restricted shares

 

44

 

 

 

49

 

Weighted average shares outstanding - diluted

 

25,370

 

 

 

25,178

 

 

 

 

 

 

 

Income per share - basic:

$

0.10

 

 

$

0.06

 

Income per share - diluted:

$

0.10

 

 

$

0.06

 

 

 

 

 

 

 

Anti-dilutive SSARs, restricted shares,
   performance shares and preferred shares

 

1,797

 

 

 

1,735