XML 31 R19.htm IDEA: XBRL DOCUMENT v3.23.3
Net Income Per Share
 6 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):
 Three Months EndedSix Months Ended
 September 30, 2023October 1, 2022September 30, 2023October 1, 2022
Numerator:
Numerator for basic and diluted net income per share — net income available to common stockholders$97,461 $188,615 $53,881 $257,499 
Denominator:
Denominator for basic net income per share — weighted-average shares97,945 102,927 98,167 103,991 
Effect of dilutive securities:
Stock-based awards
645 747 725 826 
Denominator for diluted net income per share — adjusted weighted-average shares and assumed conversions98,590 103,674 98,892 104,817 
Basic net income per share$1.00 $1.83 $0.55 $2.48 
Diluted net income per share$0.99 $1.82 $0.54 $2.46 
In the computation of diluted net income per share for the three and six months ended September 30, 2023, approximately 0.8 million and 0.6 million shares, respectively, of outstanding stock-based awards were excluded because the effect of their inclusion would have been anti-dilutive. In the computation of diluted net income per share for the three and six months ended October 1, 2022, approximately 1.0 million and 0.7 million shares, respectively, of outstanding stock-based awards were excluded because the effect of their inclusion would have been anti-dilutive.