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Net Income Per Share (Tables)
 9 Months Ended
Dec. 31, 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 and nine months ended December 31, 2018 and 2017 were as follows (in thousands, except per share data):

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Basic Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

44,862

 

 

$

 

13,446

 

 

$

 

185,056

 

 

$

 

75,323

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

45,046

 

 

 

 

44,247

 

 

 

 

44,852

 

 

 

 

44,095

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

$

 

1.00

 

 

$

 

0.30

 

 

$

 

4.13

 

 

$

 

1.71

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Diluted Net Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 

44,862

 

 

$

 

13,446

 

 

$

 

185,056

 

 

$

 

75,323

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

45,046

 

 

 

 

44,247

 

 

 

 

44,852

 

 

 

 

44,095

 

Effect of dilutive securities

 

 

1,090

 

 

 

 

1,622

 

 

 

 

1,295

 

 

 

 

1,636

 

Diluted weighted average shares outstanding

 

 

46,136

 

 

 

 

45,869

 

 

 

 

46,147

 

 

 

 

45,731

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share

$

 

0.97

 

 

$

 

0.29

 

 

$

 

4.01

 

 

$

 

1.65