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Net Income (Loss) Per Share (Tables)
6 Months Ended
Sep. 30, 2015
Net Income Loss Per Share Tables  
Net Income (Loss) Per Share

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net income (loss) per share (in thousands, except share and per share data):

      Three Months Ended     Six Months Ended
      September 30,     September
      2015     2014     2015     2014
Numerator:                        
Net (loss) income available to common stockholders     (1,892)     1,291      (2,364)     1,299 
                         
Denominator:                        
Common shares     88,557      89,073      88,397      88,861 
                         
Denominator for basic calculation     88,557      89,073      88,397      88,861 
Employee stock options          2,187          2,335 
Stock purchase rights         355          372 
Denominator for diluted calculation      88,557      91,615      88,397      91,568 
                         
Net (loss) income per share                        
     Basic    $ (0.02)   $ 0.01    $ (0.03)   $ 0.01 
     Diluted    $ (0.02)   $ 0.01    $ (0.03)   $ 0.01 

 

 

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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

      Three Months Ended     Six Months Ended
      September 30,     September
      2015     2014     2015     2014
Employee stock options     2,640      1,422      2,544      1,396 
Stock purchase rights     262      62      157      60 
Total anti-dilutive employee stock-based securities     2,902      1,484      2,701      1,456