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EARNINGS (LOSS) PER SHARE (Tables) | 3 Months Ended
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Jun. 30, 2015
Components of Basic and Diluted Earnings (Loss) Per Share | The components of basic and diluted earnings (loss) per share for the quarters ended June 30, are as follows:
|  | Quarter Ended June 30, |
(In thousands, except share and per share data) |  |  | 2015 |  |  |  | 2014 |
Net income (loss) available to common shareholders |  | $ | (15,052 | ) |  |  | 43,673 |
Weighted average outstanding shares of common stock, basic |  |  | 46,981,747 |  |  |  | 49,580,038 |
Dilutive effect of options and restricted stock awards and units |  |  | — |  |  |  | 282,986 |
Weighted average common stock and equivalents |  |  | 46,981,747 |  |  |  | 49,863,024 |
Earnings (loss) per share, basic (A) |  | $ | (0.32 | ) |  |  | 0.88 |
Earnings (loss) per share, diluted (B) |  | $ | (0.32 | ) |  |  | 0.88 |
Additional information: |  |  |  |  |  |  |  |
Antidilutive incremental options and restricted stock awards and units |  |  | 268,227 |  |  |  | — |
| (A) | The company calculates “earnings per share, basic” by dividing “net income available to common shareholders” by “Weighted average outstanding share of common stock, basic”.
| (B) | The company calculates “Earnings per share, diluted” by dividing “net income available to common shareholders” by “Weighted average common stock and equivalents”.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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