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Earnings Per Share (Tables)
6 Months Ended
Sep. 30, 2019
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 September 30,

 

 

Six Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Earnings per share — Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,081

 

 

$

13,094

 

 

$

7,325

 

 

$

15,742

 

Weighted-average shares outstanding — Basic

 

 

65,401

 

 

 

64,265

 

 

 

65,209

 

 

 

64,143

 

Net income per common share — Basic

 

$

0.09

 

 

$

0.20

 

 

$

0.11

 

 

$

0.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,081

 

 

$

13,094

 

 

$

7,325

 

 

$

15,742

 

Weighted-average shares outstanding

 

 

65,401

 

 

 

64,265

 

 

 

65,209

 

 

 

64,143

 

Effect of potentially dilutive securities

 

 

159

 

 

 

592

 

 

 

236

 

 

 

219

 

Weighted-average shares outstanding — Diluted

 

 

65,560

 

 

 

64,857

 

 

 

65,445

 

 

 

64,362

 

Net income per common share — Diluted

 

$

0.09

 

 

$

0.20

 

 

$

0.11

 

 

$

0.24