XML 47 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMPUTATION OF EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share
The following table sets forth the computation of basic and diluted earnings per share:
(in thousands, except earnings per share data)
 
Fiscal Year Ended March 31,
 
 
2014
 
2013
 
2012
Numerator:
 
 
 
 
 
 
Net income
 
$
112,417

 
$
106,402

 
$
109,036

 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average common shares-basic
 
42,452

 
41,748

 
44,023

Dilutive effect of employee equity incentive plans
 
912

 
990

 
1,242

Weighted average shares-diluted
 
43,364

 
42,738

 
45,265

 
 
 
 
 
 
 
Basic earnings per common share
 
$
2.65

 
$
2.55

 
$
2.48

Diluted earnings per common share
 
$
2.59

 
$
2.49

 
$
2.41

 
 
 
 
 
 
 
Potentially dilutive securities excluded from diluted earnings per share because their effect is anti-dilutive
 
202

 
1,038

 
1,199