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Weighted Average Shares and Net Income Per Share (Tables)
3 Months Ended
Jun. 30, 2013
Weighted Average Shares and Net Income Per Share [Abstract]  
Calculations of the basic and diluted weighted shares

The calculations of the basic and diluted weighted shares for the three months ended June 30, 2012 and 2013, are as follows:

 

                 
    Three Months Ended June 30,  
    2012     2013  

Net Income

  $ 6,596,000     $ 8,609,000  
   

 

 

   

 

 

 
     

Basic:

               

Weighted average common shares outstanding

    22,626,000       21,396,000  
   

 

 

   

 

 

 
     

Net Income per share

  $ 0.29     $ 0.40  
   

 

 

   

 

 

 
     

Diluted:

               

Weighted average common shares outstanding

    22,626,000       21,396,000  

Treasury stock impact of stock options

    226,000       188,000  
   

 

 

   

 

 

 

Total common and common equivalent shares

    22,852,000       21,584,000  
   

 

 

   

 

 

 

Net Income per share

  $ 0.29     $ 0.40