Earnings Per Share

3 Months Ended

Jun. 30, 2018

11. 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 June 30,
	2018		2017
Earnings per share — Basic:
Net income	$	2,648	$	3,896
Weighted-average shares outstanding — Basic		64,019		62,636
Net income per common share — Basic	$	0.04	$	0.06

Earnings per share — Diluted:
Net income	$	2,648	$	3,896
Weighted-average shares outstanding		64,019		62,636
Effect of potentially dilutive securities		35		7
Weighted-average shares outstanding — Diluted		64,054		62,643
Net income per common share — Diluted	$	0.04	$	0.06

The computation of diluted net income per share does not include 2,853 and 2,568 options to acquire shares of common stock for the three months ended June 30, 2018 and June 30, 2017, respectively, because their inclusion would have an anti-dilutive effect on net income per share.