Basis of Preparation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Computation of Basic and Diluted Net Income Per Share

For purposes of the diluted net income per share calculation, potential dilutive securities are excluded from the calculation if their effect would be anti-dilutive.

The Company’s basic and diluted net income per share were as follows:

	Fiscal Years Ended March 31,
	2022		2021		2020
Basic Net Income Per Share	(in thousands, except per share data)
Net income	$	136,505	$	225,525	$	203,009
Weighted average shares - basic		45,445		45,140		45,179
Net income per share - basic	$	3.00	$	5.00	$	4.49

	Fiscal Years Ended March 31,
	2022		2021		2020
Diluted Net Income Per Share	(in thousands, except per share data)
Net income	$	136,505	$	225,525	$	203,009
Weighted average shares - basic		45,445		45,140		45,179
Effect of dilutive securities		436		534		637
Weighted average shares - diluted		45,881		45,674		45,816
Net income per share - diluted	$	2.98	$	4.94	$	4.43