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Earnings Per Share (Tables)
 9 Months Ended
Dec. 31, 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 December 31,

 

 

Nine Months Ended December 31,

 

(In thousands, except per share data)

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

3,892

 

 

$

1,542

 

 

$

10,507

 

 

$

4,496

 

Series A convertible preferred stock dividends

 

(459

)

 

 

(459

)

 

 

(1,377

)

 

 

(1,377

)

Net income attributable to common shareholders

$

3,433

 

 

$

1,083

 

 

$

9,130

 

 

$

3,119

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

24,703

 

 

 

24,477

 

 

 

24,651

 

 

 

24,315

 

Dilutive SSARs

 

1,149

 

 

 

826

 

 

 

996

 

 

 

943

 

Dilutive unvested restricted shares

 

218

 

 

 

89

 

 

 

133

 

 

 

69

 

Weighted average shares outstanding - diluted

 

26,070

 

 

 

25,392

 

 

 

25,780

 

 

 

25,327

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share - basic:

$

0.14

 

 

$

0.04

 

 

$

0.37

 

 

$

0.13

 

Income per share - diluted:

$

0.13

 

 

$

0.04

 

 

$

0.35

 

 

$

0.12

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

1,736

 

 

 

1,764

 

 

 

1,751

 

 

 

1,736