Net Income per Share (Tables)

9 Months Ended

Dec. 31, 2020

Net Income per Share [Abstract]

Reconciliation of Basic and Diluted Net Income Per Share

The following presents a reconciliation of basic and diluted net income per share:

	Three Months Ended December 31,				Nine Months Ended December 31,
	2020		2019		2020		2019
Net income	$	8,469,000	$	865,000	$	20,641,000	$	903,000
Basic shares		19,053,232		18,961,517		19,016,302		18,895,893
Effect of potentially dilutive securities		383,561		344,288		317,456		367,221
Diluted shares		19,436,793		19,305,805		19,333,758		19,263,114
Net income per share:
Basic net income per share	$	0.44	$	0.05	$	1.09	$	0.05
Diluted net income per share	$	0.44	$	0.04	$	1.07	$	0.05