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STOCKHOLDERS' INVESTMENT, EARNINGS PER SHARE AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
 12 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Rollforward schedule of Common Stock
The following is a summary of changes in outstanding shares of Common Stock for the years ended March 31, 2017 and 2016: 
 
 
Shares
 
Weighted Average
Price Per Share
Outstanding as of March 31, 2015
 
34,838,374

 
 
Issuance of restricted stock
 
138,369

 
$
45.69

Outstanding as of March 31, 2016
 
34,976,743

 
 
Issuance of restricted stock
 
237,248

 
$
17.41

Outstanding as of March 31, 2017
 
35,213,991

 
 
Schedule of antidilutive securities
Diluted earnings per common share excludes options to purchase shares and restricted stock awards, which were outstanding during the period but were anti-dilutive, as follows:
 
 
Fiscal Year Ended March 31,
 
 
2017
 
2016
 
2015
Options:
 
 
 
 
 
 
Outstanding
 
1,815,020

 
1,194,783

 
682,800

Weighted average exercise price
 
$
31.98

 
$
62.11

 
$
69.04

Restricted stock awards:
 
 
 
 
 
 
Outstanding
 
541,014

 
286,804

 
—

Weighted average price
 
$
26.76

 
$
37.27

 
$
—
Schedule of earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
Fiscal Year Ended March 31,
 
 
2017
 
2016
 
2015
Earnings (in thousands):
 
 
 
 
 
 
Income (loss) available to common stockholders
 
$
(170,536
)
 
$
(73,940
)
 
$
84,300

Shares:
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
35,044,040

 
34,893,844

 
35,193,480

Net effect of dilutive stock options, restricted stock units and restricted stock awards based on the treasury stock method
 
—

 
—

 
335,125

Weighted average number of common shares outstanding – diluted
 
35,044,040

 
34,893,844

 
35,528,605

Basic earnings (loss) per common share
 
$
(4.87
)
 
$
(2.12
)
 
$
2.40

Diluted earnings (loss) per common share
 
$
(4.87
)
 
$
(2.12
)
 
$
2.37
Schedule of accumulated other comprehensive income
The following table sets forth the changes in the balances of each component of accumulated other comprehensive income:
 
 
Currency Translation Adjustments
 
Pension Liability Adjustments (1)
 
Total
Outstanding as of March 31, 2014
 
$
57,812

 
$
(214,318
)
 
$
(156,506
)
Other comprehensive income before reclassification
 
(76,845
)
 
(42,301
)
 
(119,146
)
Reclassified from accumulated other comprehensive income
 
—

 
5,323

 
5,323

Net current period other comprehensive income
 
(76,845
)
 
(36,978
)
 
(113,823
)
Foreign exchange rate impact
 
(20,033
)
 
20,033

 
—

Outstanding as of March 31, 2015
 
(39,066
)
 
(231,263
)
 
(270,329
)
Other comprehensive income before reclassification
 
(20,195
)
 
(5,583
)
 
(25,778
)
Reclassified from accumulated other comprehensive income
 
—

 
6,288

 
6,288

Net current period other comprehensive income
 
(20,195
)
 
705

 
(19,490
)
Foreign exchange rate impact
 
(8,104
)
 
8,104

 
—

Outstanding as of March 31, 2016
 
(67,365
)
 
(222,454
)
 
(289,819
)
Other comprehensive income before reclassification
 
(26,947
)
 
(17,142
)
 
(44,089
)
Reclassified from accumulated other comprehensive income
 
—

 
5,631

 
5,631

Net current period other comprehensive income
 
(26,947
)
 
(11,511
)
 
(38,458
)
Foreign exchange rate impact
 
(55,409
)
 
55,409

 
—

Outstanding as of March 31, 2017
 
$
(149,721
)
 
$
(178,556
)
 
$
(328,277
)

_______________
(1) Reclassification of amounts related to pension liability adjustments were included as a component of net periodic pension cost.