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Basic and Diluted Net Loss Per Common Share
6 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Common Share
Basic and Diluted Net Income (Loss) Per Common Share
 
The following table presents basic EPS and diluted EPS (amounts in thousands, except per share data):
 
Quarters Ended September 30,
 
Quarters Ended Six Month Periods Ended September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 

 
 

 
 
 
 
Income (loss) from continuing operations
$
7,730

 
$
(11,945
)
 
$
(2,753
)
 
$
(45,575
)
Income (loss) from discontinued operations, net of income tax expense (benefit) of $1,017, $(124), $1,935 and $(360), respectively
(1,400
)
 
(1,151
)
 
5,543

 
(2,661
)
Net income (loss)
$
6,330

 
$
(13,096
)
 
$
2,790

 
$
(48,236
)
Denominator:
 

 
 

 
 
 
 
Weighted-average shares outstanding:
 

 
 

 
 
 
 
Basic
45,400

 
45,092

 
45,337

 
45,057

Assumed conversion of employee stock grants
430

 

 
463

 

Assumed conversion of warrants
6,691

 

 
6,762

 

Diluted
52,521

 
45,092

 
52,562

 
45,057

Net income (loss) per basic share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.17

 
$
(0.26
)
 
$
(0.06
)
 
$
(1.01
)
Income (loss) from discontinued operations
$
(0.03
)
 
$
(0.03
)
 
$
0.12

 
$
(0.06
)
Net income (loss)
$
0.14

 
$
(0.29
)
 
$
0.06

 
$
(1.07
)
 
 
 
 
 
 
 
 
Net income (loss) per diluted share:
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.15

 
$
(0.26
)
 
$
(0.05
)
 
$
(1.01
)
Income (loss) from discontinued operations
$
(0.03
)
 
$
(0.03
)
 
$
0.11

 
$
(0.06
)
Net income (loss)
$
0.12

 
$
(0.29
)
 
$
0.06

 
$
(1.07
)

 
Common stock equivalents that could potentially dilute net income (loss) per basic share in the future, but were not included in the computation of diluted earnings per share because the impact would have been anti-dilutive, are as follows (amounts in thousands):
 
Quarters Ended September 30,
 
Six Month Periods Ended September 30,
 
2014
 
2013
 
2014
 
2013
Assumed conversion of employee stock grants
1,001

 
2,234

 
1,030

 
1,941

Assumed conversion of warrants

 
6,371

 

 
6,540