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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 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 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