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Earnings (Loss) Per Share (Tables)
6 Months Ended
Sep. 30, 2016
Earnings Per Share Reconciliation [Abstract]  
Computation Of Basic Earnings (Loss) And Diluted Earnings (Loss) Per Share
The following table summarizes the computations of basic earnings per share (“Basic EPS”) and diluted earnings per share (“Diluted EPS”). Basic EPS is computed as net income divided by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock-based compensation plans including stock options, restricted stock, restricted stock units, ESPP purchase rights, warrants, and other convertible securities using the treasury stock method.
 
Three Months Ended September 30,
 
  Six Months Ended September 30,
(In millions, except per share amounts)
2016
 
2015
 
2016
 
2015
Net income (loss)
$
(38
)
 
$
(140
)
 
$
402

 
$
302

Shares used to compute earnings (loss) per share:
 
 
 
 
 
 
 
Weighted-average common stock outstanding — basic
301

 
312

 
301

 
311

Dilutive potential common shares related to stock award plans and from assumed exercise of stock options

 

 
3

 
7

Dilutive potential common shares related to the Convertible Notes

 

 
2

 
9

Dilutive potential common shares related to the Warrants

 

 
9

 
7

Weighted-average common stock outstanding — diluted
301

 
312

 
315

 
334

Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
(0.13
)
 
$
(0.45
)
 
$
1.34

 
$
0.97

Diluted
$
(0.13
)
 
$
(0.45
)
 
$
1.28

 
$
0.90