Earnings Per Share

9 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share

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 December 31,				Nine Months Ended December 31,
	2018		2017		2018		2017
Earnings per share — Basic:
Net income	$	4,824	$	1,541	$	20,566	$	13,467
Weighted-average shares outstanding — Basic		64,637		63,706		64,308		63,287
Net income per common share — Basic	$	0.07	$	0.02	$	0.32	$	0.21
Earnings per share — Diluted:
Net income	$	4,824	$	1,541	$	20,566	$	13,467
Weighted-average shares outstanding		64,637		63,706		64,308		63,287
Effect of potentially dilutive securities		139		2		191		9
Weighted-average shares outstanding — Diluted		64,776		63,708		64,499		63,296
Net income per common share — Diluted	$	0.07	$	0.02	$	0.32	$	0.21

The computation of diluted net income per share does not include 2,532 and 3,228 options to acquire shares of common stock for the three months ended December 31, 2018 and 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 1,913 and 2,785 options to acquire shares of common stock for the nine months ended December 31, 2018 and December 31, 2017, respectively, because their inclusion would have an anti-dilutive effect on net income per share.