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EARNINGS (LOSS) PER SHARE ("EPS") (Tables) | 9 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
Schedule of computation of basic and diluted loss per share | The following table sets forth the computation of basic and diluted earnings (loss) per share (shares in thousands):
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2017 |  | 2016 |  | 2017 |  | 2016
Computation of Basic earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 25,140 |  |  | $ | (29,842 | ) |  | $ | 82,680 |  |  | $ | (31,977 | )
Less: net income allocated to participating securities | (62 | ) |  | — |  |  | (211 | ) |  | — |
Net income (loss) for basic earnings (loss) per share calculation | $ | 25,078 |  |  | $ | (29,842 | ) |  | $ | 82,469 |  |  | $ | (31,977 | )
Total weighted average shares outstanding—basic | 113,991 |  |  | 90,428 |  |  | 109,010 |  |  | 86,796 |
Less: weighted average participating shares outstanding | (279 | ) |  | — |  |  | (278 | ) |  | — |
Weighted average common shares outstanding—basic | 113,712 |  |  | 90,428 |  |  | 108,732 |  |  | 86,796 |
Basic earnings (loss) per share | $ | 0.22 |  |  | $ | (0.33 | ) |  | $ | 0.76 |  |  | $ | (0.37 | )
Computation of Diluted earnings (loss) per share: |  |  |  |  |  |  |
Net income (loss) | $ | 25,140 |  |  | $ | (29,842 | ) |  | $ | 82,680 |  |  | $ | (31,977 | )
Less: net income allocated to participating securities | (59 | ) |  | — |  |  | (206 | ) |  | — |
Net income (loss) for diluted earnings (loss) per share calculation | $ | 25,081 |  |  | $ | (29,842 | ) |  | $ | 82,474 |  |  | $ | (31,977 | )
Weighted average common shares outstanding—basic | 113,712 |  |  | 90,428 |  |  | 108,732 |  |  | 86,796 |
Add: dilutive effect of common stock equivalents | 4,206 |  |  | — |  |  | 2,708 |  |  | — |
Weighted average common shares outstanding—diluted | 117,918 |  |  | 90,428 |  |  | 111,440 |  |  | 86,796 |
Less: weighted average participating shares outstanding | (279 | ) |  | — |  |  | (278 | ) |  | — |
Weighted average common shares outstanding- diluted | 117,639 |  |  | 90,428 |  |  | 111,162 |  |  | $ | 86,796 |
Diluted earnings (loss) per share | $ | 0.21 |  |  | $ | (0.33 | ) |  | $ | 0.74 |  |  | $ | (0.37 | )

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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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