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Net Income Per Share (Tables)
3 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share The following tables illustrate the determination of basic and diluted net (loss) income per share for each period presented three months ended June 30, 2021 and 2020 (in thousands, except per share data):

 

 

 

For the Three Months Ended June 30,

 

 

 

 

2021

 

 

 

2020

 

Net (loss) income

 

$

(26,525

)

 

$

44,588

 

 

 

 

 

 

 

 

 

 

Weighted average shares – basic

 

 

45,311

 

 

 

45,010

 

 

 

 

 

 

 

 

 

 

Net (loss) income per share – basic

 

$

(0.59

)

 

$

0.99

 

 

 

 

For the Three Months Ended June 30,

 

 

 

 

2021

 

 

 

2020

 

Net (loss) income

 

$

(26,525

)

 

 

44,588

 

 

 

 

 

 

 

 

 

 

Weighted average shares – basic

 

 

45,311

 

 

 

45,010

 

Effect of dilutive securities

 

 

 

 

 

539

 

Weighted average shares – diluted

 

 

45,311

 

 

 

45,549

 

 

 

 

 

 

 

 

 

 

Net (loss) income per share – diluted

 

$

(0.59

)

 

$

0.98