Net Income Per Share (Tables)

12 Months Ended

Mar. 31, 2016

Net Income Per Share Tables

Net Income Per Share

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

		Years Ended March 31,
		2016		2015		2014
		(In Thousands, Except Per Share Amounts)
Numerator:
Income (loss) from continuing operations	$	(5,120)	$	1,926	$	1,598
Income from discontinued operations, net
of income tax provision		-		-		916
Net income (loss) available to common stockholders	$	(5,120)	$	1,926	$	2,514
Denominator:
Common shares		88,477		89,071		78,310
Denominator for basic calculation		88,477		89,071		78,310
Employee stock options		-		2,088		2,927
Employee restricted purchase rights		-		493		421
Denominator for diluted calculation		88,477		91,652		81,658
Income (loss) per share - continuing operations:
Basic	$	(0.06)	$	0.02	$	0.02
Diluted	$	(0.06)	$	0.02	$	0.02
Income per share - discontinued operations:
Basic	$	0.00	$	0.00	$	0.01
Diluted	$	0.00	$	0.00	$	0.01
Net income (loss) per share:
Basic	$	(0.06)	$	0.02	$	0.03
Diluted	$	(0.06)	$	0.02	$	0.03

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):

	Years Ended March 31,
	2016	2015	2014
Common stock options	2,193	1,812	750
Stock purchase rights	50	57	18
	2,243	1,869	768