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Earnings Per Share
3 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings (Loss) per Share

The dual presentation of “basic” and “diluted” earnings (loss) per share (“EPS”) is provided below. Share amounts below are in thousands.
 
Three Months Ended June 30,
 
2016
 
2015
Earnings (loss) per share — Basic:
 
 
 
Net income (loss)
$
(647
)
 
$
6,362

Weighted-average shares outstanding — Basic
61,179

 
60,312

Net income (loss) per common share — Basic
$
(0.01
)
 
$
0.11

 
 
 
 
Earnings (loss) per share — Diluted:
 
 
 
Net income (loss)
$
(647
)
 
$
6,362

Weighted-average shares outstanding
61,179

 
60,312

Effect of potentially dilutive securities

 
752

Weighted-average shares outstanding — Diluted
61,179

 
61,064

Net income (loss) per common share — Diluted
$
(0.01
)
 
$
0.10



The computation of diluted net income (loss) per share does not include 2,767 and 1,768 options to acquire shares of common stock for the three months ended June 30, 2016 and 2015, respectively, because their inclusion would have an anti-dilutive effect on net income per share.