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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Weighted Average Shares Outstanding for Basic and Diluted Net Income 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