NET INCOME PER SHARE (Tables)

6 Months Ended

Sep. 30, 2014

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 September 30,				Six Months Ended September 30,
	2014		2013		2014		2013
Numerator:
Net income	$	5,400	$	3,996	$	10,115	$	7,225
Denominator:
Weighted average common shares outstanding - basic		22,507,000		22,306,000		22,458,000		22,268,000
Weighted average effect of dilutive securities:
Stock options		2,000		24,000		2,000		25,000
Restricted stock units		172,000		216,000		201,000		268,000
Warrants		9,000		28,000		17,000		28,000
Weighted average common shares outstanding - diluted		22,690,000		22,574,000		22,678,000		22,589,000
Net income per share:
Basic net income per share	$	0.24	$	0.18	$	0.45	$	0.32
Diluted net income per share	$	0.24	$	0.18	$	0.45	$	0.32