Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2012

Net Income Per Share Tables

Net Income Per Share (Tables)

Basic net income per share is computed by dividing net income available to common stockholders (numerator) by the weighted average number of vested, unrestricted common shares outstanding during the period (denominator). Diluted net income per share is computed on the basis of the weighted average number of shares of common stock outstanding plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include shares issuable upon exercise of outstanding stock options and warrants and under the employee stock purchase plan.

		Three Months Ended
		June 30,
		2012		2011
		(in thousands, except per share amounts)
Numerator:
Net income available to common stockholders	$	8,617	$	1,947
Denominator:
Common shares		70,717		62,264
Denominator for basic calculation		70,717		62,264
Employee stock options		2,759		3,168
Stock purchase rights		309		352
Employee stock purchase plan		325		24
Denominator for diluted calculation		74,110		65,808
Net income per share
Basic	$	0.12	$	0.03
Diluted	$	0.12	$	0.03

The following shares attributable to outstanding stock options and stock purchase rights were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive (in thousands):

	Three Months Ended
	June 30,
	2012	2011
Employee stock options	774	784
Stock purchase rights	3	1
	777	785