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Net Income Per Share (Tables)
 3 Months Ended
Jun. 30, 2018
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 months ended June 30, 2018 and 2017 were as follows (in thousands, except per share data):

 

For the Three Months Ended June 30,

 

 

2018

 

 

2017

 

Basic Net Income Per Share

 

 

 

 

 

 

 

 

 

Net income

$

 

90,066

 

 

$

 

37,374

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

44,546

 

 

 

 

43,895

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic

$

 

2.02

 

 

$

 

0.85

 

 

 

For the Three Months Ended June 30,

 

 

2018

 

 

2017

 

Diluted Net Income Per Share

 

 

 

 

 

 

 

 

 

Net income

$

 

90,066

 

 

$

 

37,374

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares used in computing basic net

   income per share

 

 

44,546

 

 

 

 

43,895

 

Effect of dilutive securities

 

 

1,623

 

 

 

 

1,713

 

Weighted average shares used in computing diluted

   net income per share

 

 

46,169

 

 

 

 

45,608

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted

$

 

1.95

 

 

$

 

0.82