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Stockholders' Equity
6 Months Ended
Sep. 30, 2011
Stockholders' Equity [Abstract] 
Stockholders' Equity
(E) STOCKHOLDERS' EQUITY

A summary of changes in stockholders' equity follows:

 

    For the Six Months Ended September 30, 2011  
    (dollars in thousands)  

Common Stock –

 

Balance at Beginning of Period

  $ 444   

Stock Option Exercises

    5   
 

 

 

 

Balance at End of Period

  $ 449   
 

 

 

 

Capital in Excess of Par Value –

 

Balance at Beginning of Period

    24,859   

Stock Compensation Expense

    2,293   

Shares Redeemed to Settle Employee Taxes

    (393

Stock Option Exercises

    123   
 

 

 

 

Balance at End of Period

    26,882   
 

 

 

 

Retained Earnings –

 

Balance at Beginning of Period

    437,154   

Dividends Declared to Stockholders

    (8,939

Net Earnings

    9,082   
 

 

 

 

Balance at End of Period

    437,297   
 

 

 

 

Accumulated Other Comprehensive Loss -

 

Balance at Beginning of Period

    (2,893
 

 

 

 

Balance at End of Period

    (2,893
 

 

 

 

Total Stockholders' Equity

  $ 461,735   
 

 

 

 

There were no open market share repurchases during the three and six month periods ended September 30, 2011. As of September 30, 2011, we have authorization to purchase an additional 717,300 shares.