Earnings Per Share

3 Months Ended

Jun. 30, 2019

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,
	2019		2018
Earnings per share — Basic:
Net income	$	1,244	$	2,648
Weighted-average shares outstanding — Basic		65,015		64,019
Net income per common share — Basic	$	0.02	$	0.04

Earnings per share — Diluted:
Net income	$	1,244	$	2,648
Weighted-average shares outstanding		65,015		64,019
Effect of potentially dilutive securities		338		35
Weighted-average shares outstanding — Diluted		65,353		64,054
Net income per common share — Diluted	$	0.02	$	0.04

The computation of diluted net income per share does not include 639 and 2,853 options to acquire shares of common stock for the three months ended June 30, 2019 and June 30, 2018, respectively, because their inclusion would have an anti-dilutive effect on net income per share.