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Net Income Per Share (Tables)
9 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The Company’s basic and diluted net income per share for the three and nine months ended December 31, 2016 and 2015 were as follows (in thousands, except per share data):

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Basic Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

15,432

 

 

$

 

10,555

 

 

$

 

37,217

 

 

$

 

27,149

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

43,431

 

 

 

 

42,427

 

 

 

 

43,125

 

 

 

 

42,118

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic

$

 

0.36

 

 

$

 

0.25

 

 

$

 

0.86

 

 

$

 

0.64

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Diluted Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

15,432

 

 

$

 

10,555

 

 

$

 

37,217

 

 

$

 

27,149

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

43,431

 

 

 

 

42,427

 

 

 

 

43,125

 

 

 

 

42,118

 

Effect of dilutive securities

 

 

1,339

 

 

 

 

2,522

 

 

 

 

1,472

 

 

 

 

2,687

 

Weighted average shares used in computing diluted

   net income per share

 

 

44,770

 

 

 

 

44,949

 

 

 

 

44,597

 

 

 

 

44,805

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted

$

 

0.34

 

 

$

 

0.23

 

 

$

 

0.83

 

 

$

 

0.61