Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Income (Loss) Per Common Share (Tables)

v3.19.2
Basic and Diluted Net Income (Loss) Per Common Share (Tables)
3 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of basic EPS and diluted EPS The following table presents basic earnings per share (“EPS”) and diluted EPS (amounts in thousands, except per share data):
 
Three Months Ended June 30,
 
2019
 
2018
Numerator:
 

 
 

Net income
$
40,340

 
$
35,220

Denominator:
 

 
 

Weighted-average shares outstanding:
 

 
 

Basic
58,350

 
57,339

Assumed conversion of employee stock grants
705

 
1,699

Diluted
59,055

 
59,038

 
 
 
 
Net income per basic share
$
0.69

 
$
0.61

 
 
 
 
Net income per diluted share
$
0.68

 
$
0.60

Schedule of common stock equivalents that could potentially dilute net income (loss) per basic share in the future, but were not included in the computation of diluted earnings per share because the impact would have been antidilutive ommon stock equivalents that could potentially dilute net income per basic share in the future, but were not included in the computation of diluted earnings per share because the impact would have been anti-dilutive.