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Earnings per Share | 9 Months Ended
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Dec. 31, 2014
Earnings per Share |
(6) | EARNINGS PER SHARE
The components of basic and diluted earnings per share for the quarters and the nine-month periods ended December 31, are as follows:
|  | Quarter Ended December 31, |  |  | Nine Months Ended December 31, |
(In thousands, except share and per share data) |  |  | 2014 |  |  |  | 2013 |  |  |  | 2014 |  |  |  | 2013 |
Net Income available to common shareholders (A) |  | $ | (160,694 | ) |  |  | 12,583 |  |  |  | (56,114 | ) |  |  | 96,838 |
Weighted average outstanding shares of common stock, basic (B) |  |  | 48,481,722 |  |  |  | 49,347,448 |  |  |  | 49,213,712 |  |  |  | 49,302,971 |
Dilutive effect of options and restricted stock awards and units |  |  | — |  |  |  | 482,818 |  |  |  | — |  |  |  | 436,758 |
Weighted average common stock and equivalents (C) |  |  | 48,481,722 |  |  |  | 49,830,266 |  |  |  | 49,213,712 |  |  |  | 49,739,729 |
Earnings per share, basic (A/B) |  | $ | (3.31 | ) |  |  | 0.25 |  |  |  | (1.14 | ) |  |  | 1.96 |
Earnings per share, diluted (A/C) |  | $ | (3.31 | ) |  |  | 0.25 |  |  |  | (1.14 | ) |  |  | 1.95 |
Additional information: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive incremental options and restricted stock awards and units |  |  | 158,575 |  |  |  | — |  |  |  | 231,171 |  |  |  | — |

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