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Earnings Per Share (Tables)
 6 Months Ended
Sep. 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 September 30,

 

 

Six Months Ended September 30,

 

(In thousands, except per share data)

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

3,576

 

 

$

982

 

 

$

6,615

 

 

$

2,954

 

Series A convertible preferred stock dividends

 

(459

)

 

 

(459

)

 

 

(918

)

 

 

(918

)

Net income attributable to common shareholders

$

3,117

 

 

$

523

 

 

$

5,697

 

 

$

2,036

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

24,652

 

 

 

24,451

 

 

 

24,625

 

 

 

24,233

 

Dilutive SSARs

 

992

 

 

 

892

 

 

 

881

 

 

 

1,005

 

Dilutive unvested restricted shares

 

139

 

 

 

66

 

 

 

85

 

 

 

58

 

Weighted average shares outstanding - diluted

 

25,783

 

 

 

25,409

 

 

 

25,591

 

 

 

25,296

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share - basic:

$

0.13

 

 

$

0.02

 

 

$

0.23

 

 

$

0.08

 

Income per share - diluted:

$

0.12

 

 

$

0.02

 

 

$

0.22

 

 

$

0.08

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

1,735

 

 

 

1,735

 

 

 

1,736

 

 

 

1,735