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Earnings Per Share
 3 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share

The Company provides dual presentation of “basic” and “diluted” earnings per share (“EPS”). Shares discussed below are in thousands.
 
Three Months Ended June 30,
 
2012
 
2011
Net income
$
15,497

 
$
18,983

Basic net income per share:
 
 
 
Weighted-average shares outstanding — Basic
59,281

 
58,362

Basic net income per common share
0.26

 
0.33

 
 
 
 
Net income
$
15,497

 
$
18,983

Diluted net income per share:
 
 
 
Weighted-average shares outstanding — Basic
59,281

 
58,362

Effect of potentially dilutive securities
107

 
438

Weighted-average shares outstanding — Diluted
59,388

 
58,800

Diluted net income per common share
0.26

 
0.32



The computation of diluted net income per share does not include 692 and 156 options to acquire shares of common stock for the three months ended June 30, 2012 and 2011, respectively, because their inclusion would have an anti-dilutive effect on net income per share.