Quarterly report pursuant to Section 13 or 15(d)

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

v3.10.0.1
Basic and Diluted Net Income (Loss) Per Common Share (Tables)
6 Months Ended
Sep. 30, 2018
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 September 30,
 
Six Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Numerator:
 

 
 

 
 
 
 
Net income (loss) (1)
$
37,141

 
$
12,819

 
$
72,361

 
$
233,258

Denominator:
 

 
 

 
 
 
 
Weighted-average shares outstanding:
 

 
 

 
 
 
 
Basic
57,799

 
49,819

 
57,570

 
48,607

Assumed conversion of employee stock grants
1,398

 
2,284

 
1,549

 
2,489

Assumed conversion of warrants

 
6,306

 

 
7,040

Diluted
59,197

 
58,409

 
59,119

 
58,136

 
 
 
 
 
 
 
 
Net income (loss) per basic share
$
0.64

 
$
0.26

 
$
1.26

 
$
4.80

 
 
 
 
 
 
 
 
Net income (loss) per diluted share (2)
$
0.63

 
$
0.22

 
$
1.22

 
$
4.01

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
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 anti-dilutive, are as follows (amounts in thousands):
 
Three Months Ended September 30,
 
Six Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Assumed conversion of employee stock grants

 
121

 

 
97