| |
Consolidated Statements of Stockholder's Equity
|
Years Ended March 31, 2000, 2001,
and 2002
|
|
|
Common stock- shares
|
Common stock - amount
|
Common stock and paid in capital
|
Treasury Shares
|
|
Balance -
March 31, 1999
|
14,828,364
|
$2,000
|
$32,916,000
|
(2,620,920)
|
|
Stock issued under employee stock purchase plan
|
52,200
|
-
|
588,000
|
-
|
|
Stock issued and income tax benefits under stock
option plan, net of shares repurchased
|
237,938
|
-
|
2,490,000
|
-
|
|
Purchase of common stock
|
-
|
-
|
-
|
(879,090)
|
|
Net income
|
-
|
-
|
-
|
-
|
|
Balance -
March 31, 2000
|
15,118,502
|
2,000
|
35,994,000
|
(3,500,010)
|
|
Stock issued under employee stock purchase plan
|
45,108
|
-
|
687,000
|
-
|
|
Stock issued and income tax benefits under stock
option plan, net of shares repurchased
|
281,094
|
-
|
3,463,000
|
-
|
|
Purchase of common stock
|
-
|
-
|
-
|
(711,900)
|
|
Net income
|
-
|
-
|
-
|
-
|
|
Balance -
March 31, 2001
|
15,444,704
|
2,000
|
40,144,000
|
(4,211,910)
|
|
Stock issued under employee stock purchase plan
|
36,951
|
-
|
788,000
|
-
|
|
Stock issued and income tax benefits under stock
option plan, net of shares repurchased
|
135,726
|
-
|
1,893,000
|
-
|
|
Purchase of common stock
|
-
|
-
|
-
|
(557,870)
|
|
Net income
|
-
|
-
|
-
|
-
|
|
Balance -
March 31, 2002
|
15,617,381

|
$2,000

|
$42,825,000

|
(4,769,780)

|
See accompanying notes to consolidated financial statements.
|
|
Treasury shares - cost
|
Retained Earnings
|
Total shareholders' equity
|
|
Balance - March 31, 1999
|
$(26,990,000)
|
$47,286,000
|
$53,214,000
|
|
Stock issued under employee stock purchase plan
|
-
|
-
|
588,000
|
|
Stock issued and income tax benefits under stock
option plan, net of shares repurchased
|
-
|
-
|
2,490,000
|
|
Purchase of common stock
|
(12,966,000)
|
-
|
(12,966,000)
|
|
Net income
|
-
|
11,967,000
|
11,967,000
|
|
Balance - March 31, 2000
|
(39,956,000)
|
59,253,000
|
55,293,000
|
|
Stock issued under employee stock purchase plan
|
-
|
-
|
687,000
|
|
Stock issued and income tax benefits under stock
option plan
|
-
|
-
|
3,463,000
|
|
Purchase of common stock
|
(13,947,000)
|
-
|
(13,947,000)
|
|
Net income
|
-
|
13,222,000
|
13,222,000
|
|
Balance - March 31, 2001
|
(53,903,000)
|
72,475,000
|
58,718,000
|
|
Stock issued under employee stock purchase plan
|
-
|
-
|
788,000
|
|
Stock issued and income tax benefits under stock
option plan, net of shares repurchased
|
-
|
-
|
1,893,000
|
|
Purchase of common stock
|
(15,237,000)
|
-
|
(15,237,000)
|
|
Net income
|
-
|
14,821,000
|
14,821,000
|
|
Balance - March 31, 2002
|
$(69,140,000)

|
$87,296,000

|
$60,983,000

|
|