| Earnings Per Share |
Earnings Per Share The following is a reconciliation of the numerators and denominators of the basic and diluted EPS calculations: | | | | | | | | | | | | | | | | | | | | For the year ended March 31, 2026 | | Income (Numerator) | | Shares (Denominator) | | Per Share Amount | | Basic EPS | | | | | | | Net income available to common shareholders | $ | 34,586,024 | | | 4,941,307 | | | $ | 7.00 | | | | | | | | | Effect of dilutive securities options and restricted stock | — | | | 84,474 | | | | | | | | | | | Diluted EPS | | | | | | | Net income available to common shareholders including dilutive securities | $ | 34,586,024 | | | 5,025,781 | | | $ | 6.88 | |
| | | | | | | | | | | | | | | | | | | | For the year ended March 31, 2025 | | | Income (Numerator) | | Shares (Denominator) | | Per Share Amount | | Basic EPS | | | | | | | Net income available to common shareholders | $ | 89,242,722 | | | 5,425,483 | | | $ | 16.45 | | | | | | | | | Effect of dilutive securities options and restricted stock | — | | | 81,502 | | | | | | | | | | | Diluted EPS | | | | | | | Net income available to common shareholders including dilutive securities | $ | 89,242,722 | | | 5,506,985 | | | $ | 16.21 | |
| | | | | | | | | | | | | | | | | | | | For the year ended March 31, 2024 | | | Income (Numerator) | | Shares (Denominator) | | Per Share Amount | | Basic EPS | | | | | | | Net income available to common shareholders | $ | 77,046,344 | | | 5,748,554 | | | $ | 13.40 | | | | | | | | | Effect of dilutive securities options and restricted stock | — | | | 113,346 | | | | | | | | | | | Diluted EPS | | | | | | | Net income available to common shareholders including dilutive securities | $ | 77,046,344 | | | 5,861,900 | | | $ | 13.14 | |
Options to purchase 146,503, 255,669, and 293,695 shares of common stock at various prices were outstanding during the years ended March 31, 2026, 2025, and 2024, respectively, but were not included in the computation of diluted EPS because the option exercise price was antidilutive.
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