v3.25.2
AVERAGE SHARE INFORMATION
3 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
AVERAGE SHARE INFORMATION AVERAGE SHARE INFORMATION
The following is a summary of the basic and diluted average common shares outstanding:
Three months ended June 30,
20252024
Basic:
Weighted average common shares outstanding (denominator)5,224,004 5,480,205 
Diluted:
Weighted average common shares outstanding5,224,004 5,480,205 
Dilutive potential common shares64,639 87,613 
Weighted average diluted shares outstanding (denominator)5,288,643 5,567,818 
 
Under the treasury stock method, options to purchase 163,021 and 259,355 shares of common stock at various prices were outstanding during the three months ended June 30, 2025 and 2024, respectively, but were not included in diluted shares outstanding because the option exercise price exceeded the market value of the shares.