EARNINGS PER SHARE (Tables)

12 Months Ended

Mar. 31, 2020

Schedule of basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share

The following table reflects the basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted income per share:



	Fiscal Year Ended March 31,
	2020		2019		2018
	(In thousands, except per share amounts)
Basic earnings per share:
Net income	$	87,579	$	93,399	$	428,534
Shares used in computation:
Weighted-average ordinary shares outstanding	508,774		526,519		529,782
Basic earnings per share	$	0.17	$	0.18	$	0.81

Diluted earnings per share:
Net income	$	87,579	$	93,399	$	428,534
Shares used in computation:
Weighted-average ordinary shares outstanding	508,774		526,519		529,782
Weighted-average ordinary share equivalents from stock options and RSU awards (1) (2)	3,663		3,551		6,816
Weighted-average ordinary shares and ordinary share equivalents outstanding	512,437		530,070		536,598
Diluted earnings per share	$	0.17	$	0.18	$	0.80

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(1)	An immaterial amount of options to purchase ordinary shares during fiscal years 2020, 2019, and 2018 were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents.

(2)

RSU awards of 3.6 million and 6.8 million during fiscal years 2020 and 2019 were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents. Less than 0.1 million of anti-dilutive RSU awards were excluded from the computation of diluted earnings per share during fiscal year 2018.