(Loss) Income Per Share

12 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

(Loss) Income Per Share

(LOSS) INCOME PER SHARE

The weighted average numbers of shares outstanding used to compute (loss) income per share amounts were as follows (in thousands):

	Year Ended March 31,	Three-Months Ended March 31, (transition period)	Year Ended December 31,
	2022	2021	2020	2019
Shares used for basic per share calculations	31,029	30,416	30,007	29,684
Dilutive effect of outstanding options, RSUs, and PSUs	—	2,226	2,116	—
Shares used for diluted per share calculations	31,029	32,642	32,123	29,684

The weighted average numbers of shares outstanding listed in the table below were dilutive and are excluded from the computation of diluted per share when there is a loss from continuing operations, as such, the exercise or conversion of any potential shares would increase the number of shares in the denominator and results in a lower income (loss).

These shares may be dilutive potential common shares in the future (in thousands):

	Year Ended March 31,	Three-Months Ended March 31, (transition period)	Year Ended December 31,
	2022	2021	2020	2019
Stock options	463	—	—	96
RSUs	885	—	—	257
Total potential dilutive shares excluded due to net loss	1,348	—	—	353

The weighted average numbers of shares outstanding listed in the table below were anti-dilutive and excluded from the computation of diluted income (loss) per share. In the case of RSUs, this is because unrecognized compensation expense exceeds the current value of the awards (i.e., grant date market value was higher than current average market price). In the case of stock options, this is because the average market price did not exceed the exercise price.

These shares may be anti-dilutive potential common shares in the future (in thousands):

	Year Ended March 31,	Three-Months Ended March 31, (transition period)	Year Ended December 31,
	2022	2021	2020	2019
Stock options	2	—	14	76
RSUs	336	21	11	228
Total anti-dilutive shares excluded	338	21	25	304