v3.26.1
Pay vs Performance (Details)
12 Months Ended
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Mar. 31, 2024
USD ($)
Summary Compensation Table Total for CEO($) $ 585,775 $ 586,515 $ 577,985
"Actually Paid" CEO Compensation ($)(1) [1] 575,924 541,220 619,910
Average Summary Comp. Table Total for Non-CEO NEOs($) 215,515 205,855 192,726
Average Comp. Actually Paid to Non-CEO NEOs($)(1) [1] 215,515 205,855 195,226
Value of Initial Fixed $100 Investment Based on Total Shareholder Return($)(2) [2] 93.38 86.44 113.48
Company Net Income($) $ 15,199,195 $ 15,064,516 $ 17,124,699
Company Income from Operations ($)(3) [3] 15,920,491 15,994,149 18,518,865
Adjustments to Determine "Compensation Actually Paid" for CEO $ (9,851) $ (45,295) $ 41,925
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table      
Adjustments to Determine "Compensation Actually Paid" for CEO (41,026) (57,045) (50,175)
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested      
Adjustments to Determine "Compensation Actually Paid" for CEO 37,675 28,500 74,600
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested      
Adjustments to Determine "Compensation Actually Paid" for CEO $ (6,500) $ (16,750) $ 17,500
[1] “Actually paid compensation” is defined as “total compensation” as reported in the Summary Compensation Table except the value of Option Awards calculated as follows: (i) for new option awards granted during the fiscal year, the fair value as of the earlier of the vesting date or the last day of the fiscal year; plus (ii) for awards granted in prior fiscal years (and not vested as of the first day of the covered fiscal year), the change in fair value (positive or negative) from the end of the last fiscal year to the earlier of the vesting date or the end of the covered fiscal year. Fair value is determined from the Black-Scholes-Merton option-pricing model with the assumptions discussed in Note 7 to the Financial Statements in our Annual Report on Form 10-K for the year ended March 31, 2026.
[2] Based on an initial fixed $100 investment at March 31, 2023.
[3] We use income from operations as an important financial metric to link compensation to financial performance.