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EARNINGS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2015
EARNINGS PER SHARE  
Schedule of basic weighted-average ordinary shares outstanding and diluted weighted-average ordinary share equivalents used to calculate basic and diluted earnings per share

 

 

 

Fiscal Year Ended March 31,

 

 

 

2015

 

2014

 

2013

 

 

 

(In thousands, except
per share amounts)

 

Basic earnings from continuing and discontinued operations per share:

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

600,801

 

$

365,594

 

$

302,502

 

Loss from discontinued operations

 

$

 

$

 

$

(25,451

)

​  

​  

​  

​  

​  

​  

Net income

 

$

600,801

 

$

365,594

 

$

277,051

 

​  

​  

​  

​  

​  

​  

Shares used in computation:

 

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 

 

579,981

 

 

610,497

 

 

662,874

 

​  

​  

​  

​  

​  

​  

Basic earnings from continuing operations per share

 

$

1.04

 

$

0.60

 

$

0.46

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Basic loss from discontinued operations per share

 

$

 

$

 

$

(0.04

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Basic earnings per share

 

$

1.04

 

$

0.60

 

$

0.42

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Diluted earnings from continuing and discontinued operations per share:

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

600,801

 

$

365,594

 

$

302,502

 

Loss from discontinued operations

 

$

 

$

 

$

(25,451

)

​  

​  

​  

​  

​  

​  

Net income

 

$

600,801

 

$

365,594

 

$

277,051

 

​  

​  

​  

​  

​  

​  

Shares used in computation:

 

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 

 

579,981

 

 

610,497

 

 

662,874

 

Weighted-average ordinary share equivalents from stock options and awards(1)

 

 

11,575

 

 

12,982

 

 

12,159

 

​  

​  

​  

​  

​  

​  

Weighted-average ordinary shares and ordinary share equivalents outstanding

 

 

591,556

 

 

623,479

 

 

675,033

 

​  

​  

​  

​  

​  

​  

Diluted earnings from continuing operations per share

 

$

1.02

 

$

0.59

 

$

0.45

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Diluted loss from discontinued operations per share

 

$

 

$

 

$

(0.04

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Diluted earnings per share

 

$

1.02

 

$

0.59

 

$

0.41

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


(1)

Options to purchase ordinary shares of 6.2 million, 17.1 million and 20.6 million during fiscal years 2015, 2014 and 2013, respectively, and share bonus awards of less than 0.1 million and 0.3 million during fiscal years 2015 and 2013, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary shares equivalents. There were no anti-dilutive share bonus awards in fiscal year 2014.