10. Earnings per Share

The dual presentation of “basic” and “diluted” earnings per share is provided below. Share amounts below are in thousands.

	Three Months Ended December 31,				Nine Months Ended December 31,
	2017		2016		2017		2016
Earnings per share — Basic:
Net income	$	1,541	$	10,486	$	13,467	$	13,826
Weighted-average shares outstanding — Basic		63,706		62,093		63,287		61,645
Net income per common share — Basic	$	0.02	$	0.17	$	0.21	$	0.22

Earnings per share — Diluted:
Net income	$	1,541	$	10,486	$	13,467	$	13,826
Weighted-average shares outstanding		63,706		62,093		63,287		61,645
Effect of potentially dilutive securities		2		-		9		255
Weighted-average shares outstanding — Diluted		63,708		62,093		63,296		61,900
Net income per common share — Diluted	$	0.02	$	0.17	$	0.21	$	0.22

The computation of diluted net income per share does not include 3,228 and 2,785 options to acquire shares of common stock for the three and nine months ended December 31, 2017, 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 3,054 and 3,015 options to acquire shares of common stock for the three and nine months ended December 31, 2016, respectively, because their inclusion would have an anti-dilutive effect on net income per share.