EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

6 Months Ended

Sep. 30, 2015

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

2.EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY:

Earnings (Loss) Per Share

A reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share is shown below (in thousands, except per share amounts):

	For the quarter ended September 30						For the six months ended September 30
	2015			2014			2015			2014
Basic earnings (loss) per share:
Net loss from continuing operations	$	(1,345	)	$	(7,101	)	$	(6,527	)	$	(17,842	)
Net earnings from discontinued operations	12,068			5,557			16,211			8,694
Net earnings (loss)	$	10,723		$	(1,544	)	$	9,684		$	(9,148	)
Basic weighted-average shares outstanding	77,960			77,123			77,939			76,978
Basic earnings (loss) per share:
Continuing operations	$	(0.02	)	$	(0.09	)	$	(0.08	)	$	(0.23	)
Discontinued operations	$	0.15		$	0.07		$	0.21		$	0.11
Net earnings (loss)	$	0.14		$	(0.02	)	$	0.12		$	(0.12	)
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding	77,960			77,123			77,939			76,978
Dilutive effect of common stock options, warrants, and restricted stock as computed under the treasury stock method	—			—			—			—
Diluted weighted-average shares outstanding	77,960			77,123			77,939			76,978
Diluted earnings (loss) per share:
Continuing operations	$	(0.02	)	$	(0.09	)	$	(0.08	)	$	(0.23	)
Discontinued operations	$	0.15		$	0.07		$	0.21		$	0.11
Net earnings (loss)	$	0.14		$	(0.02	)	$	0.12		$	(0.12	)

Some earnings (loss) per share amounts may not add due to rounding.

Due to the net loss from continuing operations incurred by the Company during the quarter and six months ended September 30, 2015, the dilutive effect of options, warrants and restricted stock units covering 1.4 million shares of common stock in each period was excluded from the diluted earnings (loss) per share calculations since the impact on the calculations was anti-dilutive.

Additional options and warrants to purchase shares of common stock and restricted stock units, including performance-based restricted stock units not meeting performance criteria, that were outstanding during the periods presented but were not included in the computation of diluted earnings (loss) per share because the effect was anti-dilutive are shown below (in thousands, except per share amounts):

	For the quarter ended September 30		For the six months ended September 30
	2015	2014	2015	2014
Number of shares outstanding under options, warrants and restricted stock units	1,946	3,446	1,915	1,813
Range of exercise prices for options and warrants	$2.58-$62.06	$19.02-$62.06	$2.58-$62.06	$21.17-$62.06

Stockholders’ Equity

On August 29, 2011, the board of directors adopted a common stock repurchase program.  That program was subsequently modified and expanded, most recently on May 19, 2015.  Under the modified common stock repurchase program, the Company may purchase up to $300.0 million of its common stock through the period ending December 31, 2016. During the six months ended September 30, 2015, the Company repurchased 1.4 million shares of its common stock for $27.3 million.  Through September 30, 2015, the Company had repurchased 14.3 million shares of its stock for $229.7 million, leaving remaining capacity of $70.3 million under the stock repurchase program.

Accumulated Other Comprehensive Income

The accumulated balances for each component of other comprehensive income are as follows (dollars in thousands):

	September 30, 2015			March 31, 2015
Foreign currency translation	$	7,938		$	9,612
Unrealized loss on interest rate swap	(269		)	(199		)
	$	7,669		$	9,413