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LOSS PER SHARE | 3 Months Ended
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Jun. 30, 2016
Earnings Per Share [Abstract] |
LOSS PER SHARE |
(7) | LOSS PER SHARE
The components of basic and diluted loss per share for the quarters ended June 30, are as follows:
|  | Quarter Ended |
|  | June 30, |
(In thousands, except share and per share data) |  | 2016 |  |  | 2015 |
Net loss available to common shareholders |  | $ | (89,097 | ) |  |  | (15,052 | )
Weighted average outstanding shares of common stock, basic |  |  | 47,067,715 |  |  |  | 46,981,747 |
Dilutive effect of options and restricted stock awards and units |  |  | — |  |  |  | — |
Weighted average common stock and equivalents |  |  | 47,067,715 |  |  |  | 46,981,747 |
Loss per share, basic (A) |  | $ | (1.89 | ) |  |  | (0.32 | )
Loss per share, diluted (B) |  | $ | (1.89 | ) |  |  | (0.32 | )
Additional information: |  |  |  |  |  |  |  |
Antidilutive incremental options and restricted stock awards and units |  |  | 475,873 |  |  |  | 268,227 |
| (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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