Net Income Per Share (Tables)

9 Months Ended

Dec. 31, 2019

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, 2019 and 2018 were as follows (in thousands, except per share data):

	For the Three Months Ended December 31,				For the Nine Months Ended December 31,
Basic Net Income Per Share		2019		2018		2019		2018
Net income	$	69,217	$	44,862	$	171,211	$	185,056
Weighted average shares - basic		45,140		45,046		45,225		44,852
Net income per share - basic	$	1.53	$	1.00	$	3.79	$	4.13

	For the Three Months Ended December 31,				For the Nine Months Ended December 31,
Diluted Net Income Per Share		2019		2018		2019		2018
Net income	$	69,217		44,862		171,211		185,056
Weighted average shares - basic		45,140		45,046		45,225		44,852
Effect of dilutive securities		555		1,090		710		1,295
Weighted average shares - diluted		45,695		46,136		45,935		46,147
Net income per share - diluted	$	1.51	$	0.97	$	3.73	$	4.01