Earnings per Share (Tables)

9 Months Ended

Dec. 31, 2014

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		—