EARNINGS PER SHARE ("EPS") (Tables)

12 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted EPS

The following table sets forth the computation of basic and diluted EPS (in thousands except per share amounts):

	Fiscal Year Ended March 31,
	2019		2018			2017
Computation of Basic earnings per share:
Net income	$	333,837	$	173,533		$	67,303
Less: net income allocated to participating securities	—		(159		)	(1,275		)
Net income for basic earnings per share calculation	$	333,837	$	173,374		$	66,028
Total weighted average shares outstanding—basic	113,176		110,210			91,921
Less: weighted average participating shares outstanding	—		(101		)	(1,741		)
Weighted average common shares outstanding—basic	113,176		110,109			90,180
Basic earnings per share	$	2.95	$	1.57		$	0.73
Computation of Diluted earnings per share:
Net income	$	333,837	$	173,533		$	67,303
Less: net income allocated to participating securities	—		(155		)	(1,246		)
Net income for diluted earnings per share calculation	$	333,837	$	173,378		$	66,057
Weighted average common shares outstanding—basic	113,176		110,109			91,921
Add: dilutive effect of common stock equivalents	2,022		2,755			2,152
Weighted average common shares outstanding—diluted	115,198		112,864			94,073
Less: weighted average participating shares outstanding	—		(101		)	(1,741		)
Weighted average common shares outstanding- diluted	115,198		112,763			92,332
Diluted earnings per share	$	2.90	$	1.54		$	0.72