XML 60 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 9 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings per Share

The Company provides presentation of “basic” and “diluted” earnings per share (“EPS”). Shares discussed below are in thousands.
 
Three Months Ended December 31,
 
Nine Months Ended December 31,
 
2013
 
2012
 
2013
 
2012
Net income (loss)
$
(12,587
)
 
$
15,626

 
$
10,479

 
$
46,814

Basic net income (loss) per share:
 
 
 
 
 
 
 
Weighted-average shares outstanding — Basic
60,173

 
59,400

 
59,823

 
59,343

Basic net income (loss) per common share
$
(0.21
)
 
$
0.26

 
$
0.18

 
$
0.79

 
 
 
 
 
 
 
 
Net income (loss)
$
(12,587
)
 
$
15,626

 
$
10,479

 
$
46,814

Diluted net income (loss) per share:
 
 
 
 
 
 
 
Weighted-average shares outstanding — Basic
60,173

 
59,400

 
59,823

 
59,343

Effect of potentially dilutive securities
—

 
5

 
161

 
68

Weighted-average shares outstanding — Diluted
60,173

 
59,405

 
59,984

 
59,411

Diluted net income (loss) per common share
$
(0.21
)
 
$
0.26

 
$
0.17

 
$
0.79



The computation of diluted net income per share does not include 1,386 and 1,347 options to acquire shares of common stock for the three and nine months ended December 31, 2013, respectively, because their inclusion would have an anti-dilutive effect on net income per share.

The computation of diluted net income per share does not include 1,250 and 1,027 options to acquire shares of common stock for the three and nine months ended December 31, 2012, respectively, because their inclusion would have an anti-dilutive effect on net income per share.