Basis of Preparation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2019

Computation of Basic and Diluted Net Income Per Share

For the fiscal years ended March 31, 2019, 2018 and 2017, the Company’s basic and diluted net income per share were as follows (figures in tables are in thousands, except per share data):

	Fiscal Years Ended March 31,
Basic Net Income Per Share		2019		2018		2017
Net income	$	259,016	$	112,170	$	52,116

Weighted average shares - basic		44,911		44,153		43,238

Net income per share - basic	$	5.77	$	2.54	$	1.21

	Fiscal Years Ended March 31,
Diluted Net Income Per Share		2019		2018		2017
Net income	$	259,016	$	112,170	$	52,116

Weighted average shares - basic		44,911		44,153		43,238
Effect of dilutive securities		1,240		1,696		1,420
Weighted average shares - diluted		46,151		45,849		44,658

Net income per share - diluted	$	5.61	$	2.45	$	1.17

Summary of Most Significant Impacts of ASU 2016-09 in Beginning Stockholders’ Equity

See table below for the changes in beginning stockholders’ equity as a result of this implementation.

	Common Stock				Treasury Stock
	Number of shares		Par value		Number of shares		Amount			Additional Paid in Capital		Retained Earnings (Accumulated Deficit)			Accumulated Other Comprehensive Loss			Total Stockholders' Equity
Balance, March 31, 2017		43,673,286	$	437		1,575,995	$	(46,763	)	$	565,962	$	(46,959	)	$	(20,606	)	$	452,071
Cumulative effect of adoption											1,835		75,246						77,081
Balance, April 1, 2017		43,673,286	$	437		1,575,995	$	(46,763	)	$	567,797	$	28,287		$	(20,606	)	$	529,152