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EARNINGS PER SHARE
 9 Months Ended
Dec. 31, 2014
EARNINGS PER SHARE  
EARNINGS PER SHARE

4.  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 earnings per share:

 

 

Three-Month Periods Ended

 

Nine-Month Periods Ended

 

 

 

December 31, 2014

 

December 31, 2013

 

December 31, 2014

 

December 31, 2013

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Net income

 

$
152,899 

 

$
145,157 

 

$
465,689 

 

$
322,619 

 

Shares used in computation:

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 
577,157 

 
606,724 

 
583,383 

 
614,539 

 

Basic earnings per share

 

$
0.26 

 

$
0.24 

 

$
0.80 

 

$
0.52 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income

 

$
152,899 

 

$
145,157 

 

$
465,689 

 

$
322,619 

 

Shares used in computation:

 

 

 

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 
577,157 

 
606,724 

 
583,383 

 
614,539 

 

Weighted-average ordinary share equivalents from stock options and awards (1) (2)

 
10,044 

 
11,953 

 
11,408 

 
12,860 

 

Weighted-average ordinary shares and ordinary share equivalents outstanding

 
587,201 

 
618,677 

 
594,791 

 
627,399 

 

Diluted earnings per share

 

$
0.26 

 

$
0.23 

 

$
0.78 

 

$
0.51 

 

 

(1)

Options to purchase ordinary shares of 9.4 million and 16.5 million during the three-month periods ended December 31, 2014 and December 31, 2013, respectively, and share bonus awards of 0.2 million for both three-month periods ended December 31, 2014 and December 31, 2013, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary share equivalents.

(2)

Options to purchase ordinary shares of 11.2 million and 16.5 million during the nine-month periods ended December 31, 2014 and December 31, 2013, respectively, and share bonus awards of 0.1 million for both nine-month periods ended December 31, 2014 and December 31, 2013, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted average ordinary share equivalents.