Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2019

Weighted Average Shares Outstanding for Basic and Diluted Net Income Per Share

We provide a dual presentation of “basic” and “diluted” earnings per share (“EPS”). Shares below are in thousands.

	Fiscal Year Ended March 31,
	2019		2018		2017
Earnings per share — Basic:
Net income	$	24,494	$	2,420	$	18,241
Weighted-average shares outstanding — Basic		64,417		63,435		61,818
Net income per common share — Basic	$	0.38	$	0.04	$	0.30

Earnings per share — Diluted:
Net income	$	24,494	$	2,420	$	18,241
Weighted-average shares outstanding		64,417		63,435		61,818
Effect of potentially dilutive securities		183		5		192
Weighted-average shares outstanding — Diluted		64,600		63,440		62,010
Net income per common share — Diluted	$	0.38	$	0.04	$	0.29

Schedule of Stock-Based Compensation Expense

The following table shows total share-based compensation expense included in the consolidated statements of net income and comprehensive income for the fiscal year ended March 31, 2019, 2018, and 2017:

	Fiscal Year Ended March 31,
	2019			2018			2017
Costs and expenses:
Cost of revenue	$	1,252		$	938		$	514
Research and development costs		2,919			2,038			973
Selling, general and administrative		11,931			9,220			6,111
Total share-based compensation		16,102			12,196			7,598
Income tax benefit		(3,859	)		(4,125	)		(2,637	)
Decrease in net income	$	12,243		$	8,071		$	4,961