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Net Income Per Common Share (Tables)
9 Months Ended
Dec. 31, 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
December 31,
Nine Months Ended
December 31,
2020201920202019
Net income$36.2 $311.1 $233.4 $470.7 
Basic weighted average common shares outstanding263.4 239.2 255.7 238.5 
Dilutive effect of stock options and RSUs3.7 3.4 3.4 3.5 
Dilutive effect of 2015 Senior Convertible Debt
3.5 15.2 5.4 13.6 
Dilutive effect of 2017 Senior Convertible Debt
2.8 0.3 1.5 0.1 
Dilutive effect of 2020 Senior Convertible Debt— — — — 
Dilutive effect of 2017 Junior Convertible Debt
2.0 0.2 1.0 0.1 
Diluted weighted average common shares outstanding
275.4 258.3 267.0 255.8 
Basic net income per common share$0.14 $1.30 $0.91 $1.97 
Diluted net income per common share$0.13 $1.20 $0.87 $1.84 
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
December 31,
Nine Months Ended
December 31,
2020201920202019
2015 Senior Convertible Debt$60.78 $61.67 $60.99 $61.92 
2017 Senior Convertible Debt$94.78 $96.16 $95.11 $96.56 
2020 Senior Convertible Debt$186.87 $— $186.87 $— 
2017 Junior Convertible Debt$93.12 $94.48 $93.44 $94.87