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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
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,

 

 

 

2022

 

 

2021

 

 

2020

 

Earnings per share — Basic:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,618

 

 

$

9,515

 

 

$

7,498

 

Weighted-average shares outstanding — Basic

 

 

67,370

 

 

 

66,739

 

 

 

65,474

 

Net income per common share — Basic

 

$

0.02

 

 

$

0.14

 

 

$

0.11

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

1,618

 

 

$

9,515

 

 

$

7,498

 

Weighted-average shares outstanding

 

 

67,370

 

 

 

66,739

 

 

 

65,474

 

Effect of potentially dilutive securities

 

 

418

 

 

 

146

 

 

 

138

 

Weighted-average shares outstanding — Diluted

 

 

67,788

 

 

 

66,885

 

 

 

65,612

 

Net income per common share — Diluted

 

$

0.02

 

 

$

0.14

 

 

$

0.11