Net Income Per Share (Tables)

6 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

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

	For the Three Months Ended September 30,				For the Six Months Ended September 30,
	2022		2021		2022		2021
Net income per share – basic	(in thousands, except per share data)
Net income	$	106,133	$	56,953	$	160,687	$	30,428
Weighted average shares – basic		45,372		45,437		45,475		45,374
Net income per share – basic	$	2.34	$	1.25	$	3.53	$	0.67

	For the Three Months Ended September 30,				For the Six Months Ended September 30,
	2022		2021		2022		2021
Net income per share – diluted	(in thousands, except per share data)
Net income	$	106,133	$	56,953	$	160,687	$	30,428
Weighted average shares – basic		45,372		45,437		45,475		45,374
Effect of dilutive securities		339		456		337		483
Weighted average shares – diluted		45,711		45,893		45,812		45,857
Net income per share – diluted	$	2.32	$	1.24	$	3.51	$	0.66