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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2023
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)

2023

 

 

2022

 

Numerator:

 

 

 

 

 

Net income

$

1,548

 

 

$

3,039

 

Series A convertible preferred stock dividends

 

(459

)

 

 

(459

)

Net income attributable to common shareholders

$

1,089

 

 

$

2,580

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Weighted average shares outstanding - basic

 

24,936

 

 

 

24,598

 

Dilutive SSARs

 

1,008

 

 

 

728

 

Dilutive unvested restricted shares

 

231

 

 

 

44

 

Dilutive unvested restricted stock units

 

2

 

 

 

 

Weighted average shares outstanding - diluted

 

26,177

 

 

 

25,370

 

 

 

 

 

 

 

Income per share - basic:

$

0.04

 

 

$

0.10

 

Income per share - diluted:

$

0.04

 

 

$

0.10

 

 

 

 

 

 

 

Anti-dilutive SSARs, restricted shares, restricted stock units,
   and preferred shares

 

1,735

 

 

 

1,797