Calculation of Basic and Diluted Common Shares Outstanding |
The calculation
of basic and diluted common shares outstanding is as
follows:
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For the Three
Months
Ended
September 30, |
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For the Six
Months
Ended
September 30, |
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2012 |
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2011 |
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2012 |
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2011 |
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Weighted-Average Shares of
Common Stock Outstanding
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44,746,225 |
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44,200,291 |
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44,708,499 |
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44,190,220 |
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Common Equivalent
Shares:
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Assumed Exercise of
Outstanding Dilutive Options
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1,711,195 |
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330,646 |
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1,428,889 |
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798,081 |
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Less: Shares Repurchased
from Assumed Proceeds of Assumed Exercised Options
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(1,371,038 |
) |
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(224,231 |
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(1,162,751 |
) |
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(656,517 |
) |
Restricted
Shares
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267,396 |
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18,571 |
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244,587 |
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102,025 |
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Weighted-Average Common and
Common Equivalent Shares Outstanding
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45,353,778 |
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44,325,277 |
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45,219,224 |
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44,433,809 |
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Shares Excluded Due to
Anti-dilution Effects
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1,935,783 |
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3,340,271 |
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2,126,953 |
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2,772,812 |
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