NET INCOME PER SHARE (Tables)

3 Months Ended

Jun. 30, 2013

NET INCOME PER SHARE [Abstract]

Reconciliation of weighted average number of common shares outstanding used in calculating basic and diluted net income per share

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net income per share (in thousands, except share and per share data):

	Three Months Ended
	June 30,
	2013		2012
Numerator:
Net income	$	3,229	$	2,864
Denominator:
Weighted average common shares outstanding - basic		22,229,000		21,817,000
Weighted average effect of dilutive securities:
Stock options		26,000		107,000
Restricted stock units		288,000		266,000
Warrants		28,000		27,000
Weighted average common shares outstanding - diluted		22,571,000		22,217,000
Net income per share:
Basic net income per share	$	0.15	$	0.13
Diluted net income per share	$	0.14	$	0.13

Antidilutive securities excluded from computation of diluted weighted average shares outstanding

We excluded the following restricted stock units from the computation of diluted weighted average shares outstanding because the inclusion of these awards would be antidilutive to net income per share:

	Three Months Ended
	June 30,
	2013		2012
Weighted average number of shares underlying antidilutive restricted stock units		-		66,000