Weighted Average Shares and Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Calculations of Basic and Diluted Weighted Shares

The calculations of the basic and diluted weighted shares for the three months ended June 30, 2013 and 2014, are as follows:

	Three Months Ended June 30,
	2013		2014
Net Income	$	8,609,000	$	8,299,000
Basic:
Weighted average common shares outstanding		21,396,000		20,935,000
Net Income per share	$	0.40	$	0.40
Diluted:
Weighted average common shares outstanding		21,396,000		20,935,000
Treasury stock impact of stock options		188,000		275,000
Total common and common equivalent shares		21,584,000		21,210,000
Net Income per share	$	0.40	$	0.39