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Net Income Per Share (Tables)
9 Months Ended
Dec. 31, 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 nine months ended December 31, 2017 and 2016 were as follows (in thousands, except per share data):

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Basic Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

13,446

 

 

$

 

15,432

 

 

$

 

75,323

 

 

$

 

37,217

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

44,247

 

 

 

 

43,431

 

 

 

 

44,095

 

 

 

 

43,125

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic

$

 

0.30

 

 

$

 

0.36

 

 

$

 

1.71

 

 

$

 

0.86

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Diluted Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

13,446

 

 

$

 

15,432

 

 

$

 

75,323

 

 

$

 

37,217

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

44,247

 

 

 

 

43,431

 

 

 

 

44,095

 

 

 

 

43,125

 

Effect of dilutive securities

 

 

1,622

 

 

 

 

1,339

 

 

 

 

1,636

 

 

 

 

1,472

 

Weighted average shares used in computing diluted

   net income per share

 

 

45,869

 

 

 

 

44,770

 

 

 

 

45,731

 

 

 

 

44,597

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted

$

 

0.29

 

 

$

 

0.34

 

 

$

 

1.65

 

 

$

 

0.83