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Net Income Per Share (Tables)
9 Months Ended
Dec. 31, 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 income per share for each period presented (in thousands, except per share data):

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

 

 

2021

 

 

 

2020

 

 

 

2021

 

 

 

2020

 

Net income

 

$

45,752

 

 

$

61,868

 

 

$

76,180

 

 

$

168,669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares – basic

 

 

45,508

 

 

 

45,201

 

 

 

45,419

 

 

 

45,105

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share – basic

 

$

1.01

 

 

$

1.37

 

 

$

1.68

 

 

$

3.74

 

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

 

 

2021

 

 

 

2020

 

 

 

2021

 

 

 

2020

 

Net income

 

$

45,752

 

 

 

61,868

 

 

 

76,180

 

 

 

168,669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares – basic

 

 

45,508

 

 

 

45,201

 

 

 

45,419

 

 

 

45,105

 

Effect of dilutive securities

 

 

413

 

 

 

505

 

 

 

432

 

 

 

548

 

Weighted average shares – diluted

 

 

45,921

 

 

 

45,706

 

 

 

45,851

 

 

 

45,653

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share – diluted

 

$

1.00

 

 

$

1.35

 

 

$

1.66

 

 

$

3.69