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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2018
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 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