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Income (Loss) Per Share (Tables)
3 Months Ended
Jun. 30, 2021
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

June 30,

 

(In thousands, except per share data)

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

Net income (loss)

$

1,972

 

 

$

(517

)

Series A convertible preferred stock issuance costs

 

 

 

 

(937

)

Series A convertible preferred stock dividends

 

(459

)

 

 

(199

)

Net income (loss) attributable to common shareholders

$

1,513

 

 

$

(1,653

)

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

24,014

 

 

 

23,405

 

Dilutive SSARs

 

1,115

 

 

 

 

Dilutive unvested restricted shares

 

49

 

 

 

 

Weighted average shares outstanding - diluted

 

25,178

 

 

 

23,405

 

 

 

 

 

 

 

 

 

Income (loss) per share - basic:

$

0.06

 

 

$

(0.07

)

Income (loss) per share - diluted:

$

0.06

 

 

$

(0.07

)

 

 

 

 

 

 

 

 

Anti-dilutive stock options, SSARs, restricted shares,

   performance shares and preferred shares

 

4,740

 

 

 

3,560