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COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE (Tables)
 9 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share
The following table sets forth the computation of basic loss per common share for the three and nine months ended December 31, 2019, and 2018:
 
 
Three Months Ended December 31,
 
Nine Months Ended
December 31,
(in thousands, except per share data)
 
2019
 
2018
 
2019
 
2018
Basic loss per common share:
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
Net loss
 
$
(78,483
)
 
$
(41,734
)
 
$
(149,264
)
 
$
(113,971
)
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares, basic
 
39,784

 
39,314

 
39,535

 
37,063

Dilutive effect of employee equity incentive plans
 
—

 
—

 
—

 
—

Weighted average common shares-diluted
 
39,784

 
39,314

 
39,535

 
37,063

 
 
 
 
 
 
 
 
 
Basic loss per common share
 
$
(1.97
)
 
$
(1.06
)
 
$
(3.78
)
 
$
(3.08
)
Diluted loss per common share
 
$
(1.97
)
 
$
(1.06
)
 
$
(3.78
)
 
$
(3.08
)
 
 
 
 
 
 
 
 
 
Potentially dilutive securities excluded from diluted loss per common share because their effect is anti-dilutive
 
1,470

 
952

 
834

 
456