NET INCOME PER SHARE (Tables)

12 Months Ended

Mar. 31, 2016

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 computations for basic and diluted net income from continuing and discontinued operations per share are as follows (in thousands, except share and per share data):

	Year Ended March 31,
	2016			2015			2014
Income from continuing operations	$	31,074		$	20,803		$	16,229
Loss from discontinued operations, net of tax		(3	)		(1,154	)		(2,044	)
Gain on sale of discontinued operations, net of tax		559			7,682			-
Net income	$	31,630		$	27,331		$	14,185
Weighted average common shares outstanding:
Basic		22,661,000			22,497,000			22,270,000
Effect of dilutive securities:
Stock options		-			1,000			20,000
Restricted stock units		221,000			276,000			257,000
Warrants		1,000			13,000			28,000
Diluted		22,883,000			22,787,000			22,575,000
Net income (loss) per share:
Basic
Continuing operations	$	1.37		$	0.92		$	0.73
Discontinued operations		0.03			0.29			(0.09	)
Basic net income per share	$	1.40		$	1.21		$	0.64
Diluted
Continuing operations	$	1.36		$	0.91		$	0.72
Discontinued operations		0.02			0.29			(0.09	)
Diluted net income per share	$	1.38		$	1.20		$	0.63

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:

	Year Ended March 31,
	2016		2015		2014
Weighted average number of shares underlying antidilutive restricted stock units		92,000		-		5,000