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

6 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of basic EPS and diluted EPS

The following table presents net income (loss) per basic and diluted share (amounts in thousands, except per share data):

	Three Months Ended September 30,					Six Months Ended September 30,
	2019			2018		2019		2018
Numerator:
Net income (loss)	$	(15,260	)	$	37,141	$	25,080	$	72,361
Denominator:
Weighted-average shares outstanding:
Basic	58,528			57,799		58,440		57,570
Assumed conversion of employee stock grants	—			1,398		735		1,549
Diluted	58,528			59,197		59,175		59,119
Net income (loss) per basic share	$	(0.26	)	$	0.64	$	0.43	$	1.26
Net income (loss) per diluted share	$	(0.26	)	$	0.63	$	0.42	$	1.22

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

ommon stock equivalents that could potentially dilute net income 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.