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Net Income Per Common Share (Tables)
3 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted net income per common share (in millions, except per share amounts):
 
Three Months Ended
June 30,
 
2020
 
2019
Net income
$
123.6

 
$
50.7

Basic weighted average common shares outstanding
247.7

 
237.8

Dilutive effect of stock options and RSUs
2.9

 
3.7

Dilutive effect of 2015 Senior Convertible Debt
7.2

 
12.4

Dilutive effect of 2017 Senior Convertible Debt

 

Dilutive effect of 2017 Junior Convertible Debt

 

Diluted weighted average common shares outstanding
257.8

 
253.9

Basic net income per common share
$
0.50

 
$
0.21

Diluted net income per common share
$
0.48

 
$
0.20


Schedule of Convertible Debt The following is the weighted average conversion price per share used in calculating the dilutive effect (see Note 6 for details on the convertible debt):

 
Three Months Ended
June 30,
 
2020
 
2019
2015 Senior Convertible Debt
$
61.21

 
$
62.18

2017 Senior Convertible Debt
$
95.45

 
$
96.96

2017 Junior Convertible Debt
$
93.77

 
$
95.26