Basic and Diluted Net Loss Per Common Share

3 Months Ended

Jun. 30, 2016

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 earnings per share ("EPS") and diluted EPS (amounts in thousands, except per share data):

	Quarters Ended June 30,
	2016			2015
Numerator:
Net income (loss)	$	(12,205	)	$	(37,050	)
Denominator:
Weighted-average shares outstanding:
Basic	46,349			45,552
Assumed conversion of employee stock grants	—			—
Assumed conversion of warrants	—			—
Diluted	46,349			45,552
Net income (loss) per basic and diluted share	$	(0.26	)	$	(0.81	)

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 June 30,
	2016	2015
Assumed conversion of employee stock grants	2,330	2,303
Assumed conversion of warrants	4,853	6,015