EARNINGS (LOSS) PER SHARE ("EPS") (Tables)

9 Months Ended

Dec. 31, 2015

EARNINGS (LOSS) PER SHARE ("EPS")

Schedule of computation of basic and diluted EPS

	Three Months Ended December 31,						Nine Months Ended December 31,
	2015			2014			2015			2014
Computation of Basic earnings (loss) per share:
Net (loss) income	$	(42,413	)	$	40,093		$	(54,701	)	$	(36,679	)
Less: net income allocated to participating securities		—			(3,127	)		—			—
Net income (loss) for basic earnings (loss) per share calculation	$	(42,413	)	$	36,966		$	(54,701	)	$	(36,679	)
Total weighted average shares outstanding—basic		83,426			87,483			83,338			80,128
Less: weighted average participating shares outstanding		—			(6,824	)		—			—
Weighted average common shares outstanding—basic		83,426			80,659			83,338			80,128
Basic earnings (loss) per share	$	(0.51	)	$	0.46		$	(0.66	)	$	(0.46	)
Computation of Diluted earnings (loss) per share:
Net income (loss)	$	(42,413	)	$	40,093		$	(54,701	)	$	(36,679	)
Less: net income allocated to participating securities		—			(2,401	)		—			—
Add: interest expense, net of tax, on Convertible Notes		—			7,199			—			—
Net income (loss) for diluted EPS calculation	$	(42,413	)	$	44,891		$	(54,701	)	$	(36,679	)
Weighted average common shares outstanding—basic		83,426			80,659			83,338			80,128
Add: dilutive effect of common stock equivalents		—			26,455			—			—
Total weighted average shares outstanding—diluted		83,426			107,114			83,338			80,128
Diluted earnings (loss) per share	$	(0.51	)	$	0.42		$	(0.66	)	$	(0.46	)