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Income (Loss) Per Share (Tables)
6 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of amounts used in computing income (loss) 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 income (loss) 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)

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

5,867

 

 

$

(2,918

)

 

$

5,350

 

 

$

(4,493

)

Series A convertible preferred stock issuance costs

 

(94

)

 

 

 

 

 

(1,031

)

 

 

 

Series A convertible preferred stock dividends

 

(459

)

 

 

 

 

 

(658

)

 

 

 

Net income (loss) attributable to common shareholders

$

5,314

 

 

$

(2,918

)

 

$

3,661

 

 

$

(4,493

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

23,424

 

 

 

23,238

 

 

 

23,415

 

 

 

23,225

 

Dilutive SSARs

 

342

 

 

 

 

 

 

329

 

 

 

 

Dilutive unvested restricted shares

 

100

 

 

 

 

 

 

105

 

 

 

 

Weighted average shares outstanding - diluted

 

23,866

 

 

 

23,238

 

 

 

23,849

 

 

 

23,225

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per share - basic:

$

0.23

 

 

$

(0.13

)

 

$

0.16

 

 

$

(0.19

)

Income (loss) per share - diluted:

$

0.22

 

 

$

(0.13

)

 

$

0.15

 

 

$

(0.19

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive stock options, SSARs, restricted shares,

   performance shares and preferred shares

 

2,415

 

 

 

1,494

 

 

 

2,418

 

 

 

1,386