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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Mar. 31, 2016
Earnings Per Share [Abstract] |
Components of Basic and Diluted Earnings Per Share | The components of basic and diluted earnings per share for the years ended March 31, are as follows:
(In thousands, except share and per share data) |  | 2016 |  |  | 2015 |  |  | 2014 |
Net earnings (loss) available to common shareholders |  | $ | (160,183 | ) |  |  | (65,190 | ) |  |  | 140,255 |
Weighted average outstanding shares of common stock, basic |  |  | 46,981,102 |  |  |  | 48,658,840 |  |  |  | 49,392,749 |
Dilutive effect of options and restricted stock awards |  |  | — |  |  |  | — |  |  |  | 287,365 |
Weighted average common stock and equivalents |  |  | 46,981,102 |  |  |  | 48,658,840 |  |  |  | 49,680,114 |
Earnings (loss) per share, basic (A) |  | $ | (3.41 | ) |  |  | (1.34 | ) |  |  | 2.84 |
Earnings (loss) per share, diluted (B) |  | $ | (3.41 | ) |  |  | (1.34 | ) |  |  | 2.82 |
Additional information: |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive options and restricted stock shares |  |  | 489,325 |  |  |  | 284,635 |  |  |  | 34,486 |
| (A) | The company calculates “Loss per share, basic” by dividing “Net loss available to common shareholders” by “Weighted average outstanding share of common stock, basic”.
| (B) | The company calculates “Loss per share, diluted” by dividing “Net loss 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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