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Earnings Per Share (Tables)
6 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Weighted Average Shares Outstanding for Basic and Diluted Net Income Per Share

The 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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Earnings per share — Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

13,623

 

 

$

(6,771

)

 

$

14,771

 

 

$

(3,923

)

Weighted-average shares outstanding — Basic

 

 

67,806

 

 

 

67,406

 

 

 

67,698

 

 

 

67,291

 

Net income (loss) per common share — Basic

 

$

0.20

 

 

$

(0.10

)

 

$

0.22

 

 

$

(0.06

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share — Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

13,623

 

 

$

(6,771

)

 

$

14,771

 

 

$

(3,923

)

Weighted-average shares outstanding

 

 

67,806

 

 

 

67,406

 

 

 

67,698

 

 

 

67,291

 

Effect of potentially dilutive securities

 

 

616

 

 

 

 

 

 

655

 

 

 

 

Weighted-average shares outstanding — Diluted

 

 

68,422

 

 

 

67,406

 

 

 

68,353

 

 

 

67,291

 

Net income (loss) per common share — Diluted

 

$

0.20

 

 

$

(0.10

)

 

$

0.22

 

 

$

(0.06

)