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Earnings Per Share (Tables)
6 Months Ended
Sep. 30, 2020
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,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Earnings per share — Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,455

 

 

$

6,081

 

 

$

9,631

 

 

$

7,325

 

Weighted-average shares outstanding — Basic

 

 

66,688

 

 

 

65,401

 

 

 

66,493

 

 

 

65,209

 

Net income per common share — Basic

 

$

0.16

 

 

$

0.09

 

 

$

0.14

 

 

$

0.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

10,455

 

 

$

6,081

 

 

$

9,631

 

 

$

7,325

 

Weighted-average shares outstanding

 

 

66,688

 

 

 

65,401

 

 

 

66,493

 

 

 

65,209

 

Effect of potentially dilutive securities

 

 

1

 

 

 

159

 

 

 

 

 

 

236

 

Weighted-average shares outstanding — Diluted

 

 

66,689

 

 

 

65,560

 

 

 

66,493

 

 

 

65,445

 

Net income per common share — Diluted

 

$

0.16

 

 

$

0.09

 

 

$

0.14

 

 

$

0.11