Weighted Average Shares and Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2015

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, 2014 and 2015, are as follows:

	Three Months Ended June 30,
	2014		2015
Net Income	$	8,299,000	$	6,900,000
Basic:
Weighted average common shares outstanding		20,935,000		20,149,000
Net Income per share	$	0.40	$	0.34
Diluted:
Weighted average common shares outstanding		20,935,000		20,149,000
Treasury stock impact of stock options		275,000		186,000
Total common and common equivalent shares		21,210,000		20,335,000
Net Income per share	$	0.39	$	0.34