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COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE (Tables)
3 Months Ended
Jun. 30, 2019
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 (loss) per common share for the three months ended June 30, 2019, and 2018:
 
 
Three Months Ended June 30,
(in thousands, except per share data)
 
2019
 
2018
Basic earnings (loss) per common share:
 
 
 
 
Numerator:
 
 
 
 
Net income (loss)
 
$
(44,871
)
 
$
14,471

 
 
 
 
 
Denominator:
 
 
 
 
Weighted average common shares, basic
 
39,239

 
32,594

Dilutive effect of employee equity incentive plans
 

 
940

Weighted average common shares-diluted
 
39,239

 
33,534

 
 
 
 
 
Basic earnings (loss) per common share
 
$
(1.14
)
 
$
0.43

Diluted earnings (loss) per common share
 
$
(1.14
)
 
$
0.42

 
 
 
 
 
Potentially dilutive securities excluded from diluted earnings (loss) per common share because their effect is anti-dilutive
 
706

 
202