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Net Income Per Share (Tables)
6 Months Ended
Sep. 30, 2017
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 six months ended September 30, 2017 and 2016 were as follows (in thousands, except per share data):

 

For the Three Months Ended September 30,

 

 

For the Six Months Ended September 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Basic Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

24,503

 

 

$

 

8,875

 

 

$

 

61,877

 

 

$

 

21,785

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

44,141

 

 

 

 

43,129

 

 

 

 

44,018

 

 

 

 

42,971

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic

$

 

0.56

 

 

$

 

0.21

 

 

$

 

1.41

 

 

$

 

0.51

 

 

 

For the Three Months Ended September 30,

 

 

For the Six Months Ended September 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Diluted Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

24,503

 

 

$

 

8,875

 

 

$

 

61,877

 

 

$

 

21,785

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

44,141

 

 

 

 

43,129

 

 

 

 

44,018

 

 

 

 

42,971

 

Effect of dilutive securities

 

 

1,557

 

 

 

 

1,451

 

 

 

 

1,637

 

 

 

 

1,522

 

Weighted average shares used in computing diluted

   net income per share

 

 

45,698

 

 

 

 

44,580

 

 

 

 

45,655

 

 

 

 

44,493

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted

$

 

0.54

 

 

$

 

0.20

 

 

$

 

1.36

 

 

$

 

0.49