Net Income Per Share (Tables)

6 Months Ended

Sep. 30, 2020

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 six months ended September 30, 2020 and 2019 were as follows (in thousands, except per share data):

	For the Three Months Ended September 30,				For the Six Months Ended September 30,
Basic Net Income Per Share		2020		2019		2020		2019
Net income	$	62,213	$	13,071	$	106,801	$	101,994
Weighted average shares – basic		45,104		45,319		45,057		45,267
Net income per share – basic	$	1.38	$	0.29	$	2.37	$	2.25

	For the Three Months Ended September 30,				For the Six Months Ended September 30,
Diluted Net Income Per Share		2020		2019		2020		2019
Net income	$	62,213		13,071		106,801		101,994
Weighted average shares – basic		45,104		45,319		45,057		45,267
Effect of dilutive securities		557		593		552		764
Weighted average shares – diluted		45,661		45,912		45,609		46,031
Net income per share – diluted	$	1.36	$	0.28	$	2.34	$	2.22