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COMPUTATION OF EARNINGS PER COMMON SHARE (Tables)
 12 Months Ended
Mar. 31, 2018
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 common share for the years ended March 31, 2018, 2017 and 2016:
(in thousands, except earnings per share data)
 
Fiscal Year Ended March 31,
 
 
2016
 
2017
 
2018
Numerator:
 
 
 
 
 
 
Net income
 
$
68,392

 
$
82,599

 
$
(869
)
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average common shares-basic
 
34,127

 
32,279

 
32,345

Dilutive effect of employee equity incentive plans
 
811

 
684

 
—

Weighted average shares-diluted
 
34,938

 
32,963

 
32,345

 
 
 
 
 
 
 
Basic earnings per common share
 
$
2.00

 
$
2.56

 
$
(0.03
)
Diluted earnings per common share
 
$
1.96

 
$
2.51

 
$
(0.03
)
 
 
 
 
 
 
 
Potentially dilutive securities excluded from diluted earnings per share because their effect is anti-dilutive
 
326

 
574

 
543