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Net Income Per Share (Tables)
12 Months Ended
Mar. 31, 2017
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 (loss) per share (in thousands, except share and per share data):

      Years Ended March 31,
      2017     2016     2015
      (In Thousands, Except Per Share Amounts)
Numerator:                  
Net income (loss) available to common stockholders   $ (4,751)   $ (5,120)   $ 1,926 
                   
Denominator:                  
Common shares     90,340      88,477      89,071 
                   
Denominator for basic calculation      90,340      88,477      89,071 
Employee stock options             2,088 
Employee restricted purchase rights             493 
Denominator for diluted calculation     90,340      88,477      91,652 
                   
                   
Net income (loss) per share:                  
     Basic   $ (0.05)   $ (0.06)   $ 0.02 
     Diluted   $ (0.05)   $ (0.06)   $ 0.02 

 

 

 

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,
    2017   2016   2015
Common stock options   4,462    4,793    1,812 
Stock purchase rights   4,950    4,628    57 
    9,412    9,421    1,869