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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Schedule of Estimated Economic Useful Lives of Property and Equipment

The Company provides for depreciation on property and equipment using the straight-line method by charges to operations in amounts that allocate the cost of depreciable assets over their estimated lives as follows:

 

Asset Classification

  

Estimated Useful Life

Leasehold Improvements

   Shorter of five years or the life of lease

Furniture and Equipment

   Five to seven years

Computer Hardware

   Two to five years

Computer Software

   Three to five years
Schedule of Earnings Per Share Basic and Diluted

The difference between the basic shares and the diluted shares for each of the three fiscal years ended March 31, 2014, 2015, and 2016 is as follows:

 

     Fiscal 2014      Fiscal 2015      Fiscal 2016  

Basic weighted shares

     21,104,000         20,669,000         19,826,000   

Treasury stock impact of stock options

     268,000         221,000         178,000   
  

 

 

    

 

 

    

 

 

 

Diluted weighted shares

     21,372,000         20,890,000         20,004,000