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

 

 

Nine months ended
December 31,

 

(In thousands, except per share data)

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

77,141

 

 

$

3,892

 

 

$

83,234

 

 

$

10,507

 

Series A convertible preferred stock dividends

 

(286

)

 

 

(459

)

 

 

(1,204

)

 

 

(1,377

)

Net income attributable to common shareholders

$

76,855

 

 

$

3,433

 

 

$

82,030

 

 

$

9,130

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

25,808

 

 

 

24,703

 

 

 

25,256

 

 

 

24,651

 

Dilutive SSARs

 

920

 

 

 

1,149

 

 

 

951

 

 

 

996

 

Dilutive unvested restricted shares

 

223

 

 

 

218

 

 

 

239

 

 

 

133

 

Dilutive unvested restricted stock units

 

28

 

 

 

 

 

 

17

 

 

 

 

Weighted average shares outstanding - diluted

 

26,979

 

 

 

26,070

 

 

 

26,463

 

 

 

25,780

 

 

 

 

 

 

 

 

 

 

 

 

 

Income per share - basic:

$

2.98

 

 

$

0.14

 

 

$

3.25

 

 

$

0.37

 

Income per share - diluted:

$

2.85

 

 

$

0.13

 

 

$

3.10

 

 

$

0.35

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

89

 

 

 

1,736

 

 

 

30

 

 

 

1,751