EARNINGS PER SHARE ("EPS")

9 Months Ended

Dec. 31, 2020

The following table sets forth the computation of basic and diluted earnings per share:


	Three Months Ended December 31,				Nine Months Ended December 31,
	2020		2019		2020		2019
Computation of Basic earnings per share:
Net income	$	182,248	$	163,642	$	370,074	$	281,737
Weighted average shares outstanding—basic	115,004		113,251		114,436		112,996
Basic earnings per share	$	1.58	$	1.44	$	3.23	$	2.49

Computation of Diluted earnings per share:
Net income	$	182,248	$	163,642	$	370,074	$	281,737



Weighted average shares outstanding—basic	115,004		113,251		114,436		112,996
Add: dilutive effect of common stock equivalents	1,113		1,003		1,137		1,013
Weighted average common shares outstanding—diluted	116,117		114,254		115,573		114,009

Diluted earnings per share	$	1.57	$	1.43	$	3.20	$	2.47

During the nine months ended December 31, 2020, 1,235 restricted stock awards vested, we granted 872 unvested restricted stock awards, and 29 unvested restricted stock awards were forfeited.