Quarterly report pursuant to Section 13 or 15(d)

Income Per Share (Tables)

v3.2.0.727
Income Per Share (Tables)
3 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Income Per Share
A reconciliation of the numerators and denominators of basic and diluted income per share is presented below:

 

     Three Months Ended
June 30,
 
    

2015

    

2014

 

Basic income per share

     

Numerator:

     

Net income

   $ 2,361       $ 2,392   
  

 

 

    

 

 

 

Denominator:

     

Weighted average common shares outstanding

     10,148         10,105   
  

 

 

    

 

 

 

Basic income per share

   $ .23       $ .24   
  

 

 

    

 

 

 

Diluted income per share

     

Numerator:

     

Net income

   $ 2,361       $ 2,392   
  

 

 

    

 

 

 

Denominator:

     

Weighted average common shares outstanding

     10,148         10,105   

Stock options outstanding

     13         22   
  

 

 

    

 

 

 

Weighted average common and potential common shares outstanding

     10,161         10,127   
  

 

 

    

 

 

 

Diluted income per share

   $ .23       $ .24