Basic and Diluted Net Income (Loss) Per Common Share (Tables)

9 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of basic EPS and diluted EPS

The following table presents basic earnings per share (“EPS”) and diluted EPS (amounts in thousands, except per share data):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2018		2017		2018		2017
Numerator:
Net income (loss) (1)	$	40,806	$	18,589	$	113,167	$	251,847
Denominator:
Weighted-average shares outstanding:
Basic	58,010		56,778		57,717		51,340
Assumed conversion of employee stock grants	1,101		2,159		1,399		2,384
Assumed conversion of warrants	—		—		—		4,707
Diluted	59,111		58,937		59,116		58,431
Net income (loss) per basic share	$	0.70	$	0.33	$	1.96	$	4.91
Net income (loss) per diluted share	$	0.69	$	0.32	$	1.91	$	4.31

Schedule of 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 antidilutive

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):

	Three Months Ended December 31,		Nine Months Ended December 31,
	2018	2017	2018	2017
Assumed conversion of employee stock grants	76	164	—	134