EARNINGS PER SHARE

12 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following is a reconciliation between the weighted-average common shares outstanding used in the calculation of basic and diluted earnings per share:

	Year ended March 31,
	2016	2015	2014
	(thousands)
Weighted-average common shares outstanding—basic	49,218	50,796	51,711
Net effect of dilutive stock options and nonvested stock	—	169	265
Net effect of convertible debt	—	40	811
Weighted-average common shares outstanding—diluted	49,218	51,005	52,787