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NET LOSS PER SHARE
 6 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
NET LOSS PER SHARE
Calculations of the basic and diluted net loss per share and potential common shares are as follows (in thousands, except for per share data):

Three Months Ended

Six Months Ended
 
September 30,

September 30,
 
2016

2015

2016

2015
Numerator:







Net loss
$
(1,266
)
 
$
(7,915
)
 
$
(10,264
)
 
$
(246
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic net loss per share - weighted average common shares outstanding
91,919

 
91,410

 
92,628

 
66,232

Dilutive common equivalent shares:
 
 
 
 
 
 
 
      Weighted average stock options
—

 
—

 
—

 
—

      Weighted average restricted stock units
—

 
—

 
—

 
—

Denominator for diluted net loss per share - weighted average shares outstanding
91,919

 
91,410

 
92,628

 
66,232

Net loss per share:
 
 
 
 
 
 
 
Basic net loss per share
$
(0.01
)
 
$
(0.09
)
 
$
(0.11
)
 
$
—

Diluted net loss per share
$
(0.01
)
 
$
(0.09
)
 
$
(0.11
)
 
$
—


The following table sets forth restricted stock units excluded from the calculation of diluted net loss per share, since their inclusion would be anti-dilutive (in thousands):

Three Months Ended

Six Months Ended
 
September 30,

September 30,
 
2016

2015

2016

2015
Restricted stock units
709

 
557

 
797

 
579


Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of shares outstanding during the period. Unvested restricted shares, although legally issued and outstanding, are not considered outstanding for purposes of calculating basic earnings per share. Diluted net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of shares outstanding plus the dilutive effect, if any, of outstanding stock options, restricted shares and restricted stock units using the treasury stock method. The calculation of the dilutive effect of outstanding equity awards under the treasury stock method includes consideration of proceeds from the assumed exercise of stock options, unrecognized compensation expense and any tax benefits as additional proceeds. As we incurred a net loss in the six months ended September 30, 2016, all outstanding restricted stock units have an anti-dilutive effect and are therefore excluded from the computation of diluted weighted average share outstanding.