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EARNINGS PER SHARE | 12 Months Ended
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Mar. 31, 2017
Earnings Per Share [Abstract] |
EARNINGS PER SHARE |
(10) | 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) |  | 2017 |  |  | 2016 |  |  | 2015 |
Net loss available to common shareholders |  | $ | (660,118 | ) |  |  | (160,183 | ) |  |  | (65,190 | )
Weighted average outstanding shares of common stock, basic |  |  | 47,071,066 |  |  |  | 46,981,102 |  |  |  | 48,658,840 |
Dilutive effect of options and restricted stock awards |  |  | — |  |  |  | — |  |  |  | — |
Weighted average common stock and equivalents |  |  | 47,071,066 |  |  |  | 46,981,102 |  |  |  | 48,658,840 |
Loss per share, basic (A) |  | $ | (14.02 | ) |  |  | (3.41 | ) |  |  | (1.34 | )
Loss per share, diluted (B) |  | $ | (14.02 | ) |  |  | (3.41 | ) |  |  | (1.34 | )
Additional information: |  |  |  |  |  |  |  |  |  |  |  |
Antidilutive options and restricted stock shares |  |  | 1,233 |  |  |  | 489,325 |  |  |  | 284,635 |
| (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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