v3.25.2
Income Per Share
3 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Income Per Share

NOTE 6 – INCOME PER SHARE:

Basic income per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted income per share is calculated by dividing net income by the weighted average number of common shares outstanding and, when applicable, potential common shares outstanding during the period. A reconciliation of the numerators and denominators of basic and diluted income per share is presented below:

 

 

 

Three Months Ended

 

 

 

June 30,

 

 

 

2025

 

 

2024

 

Basic income per share

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income

 

$

4,595

 

 

$

2,966

 

Denominator:

 

 

 

 

 

 

Weighted average common shares
   outstanding

 

 

10,927

 

 

 

10,862

 

Basic income per share

 

$

0.42

 

 

$

0.27

 

 

 

 

 

 

 

 

Diluted income per share

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income

 

$

4,595

 

 

$

2,966

 

Denominator:

 

 

 

 

 

 

Weighted average common shares
   outstanding

 

 

10,927

 

 

 

10,862

 

Restricted stock units outstanding

 

 

106

 

 

 

96

 

Weighted average common and
   potential common shares
   outstanding

 

 

11,033

 

 

 

10,958

 

Diluted income per share

 

$

0.42

 

 

$

0.27