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EARNINGS PER SHARE ("EPS") | 6 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE (EPS) | EARNINGS PER SHARE ("EPS") The following table sets forth the computation of basic and diluted earnings per share:
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Computation of Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |
Net income | $ | 71,815 |  |  | $ | 25,367 |  |  | $ | 118,095 |  |  | $ | 97,060 |
Weighted average shares outstanding—basic | 113,117 |  |  | 113,735 |  |  | 112,869 |  |  | 113,339 |
Basic earnings per share | $ | 0.63 |  |  | $ | 0.22 |  |  | $ | 1.05 |  |  | $ | 0.86 |
Computation of Diluted earnings per share: |  |  |  |  |  |  |
Net income | $ | 71,815 |  |  | $ | 25,367 |  |  | $ | 118,095 |  |  | $ | 97,060 |
Weighted average shares outstanding—basic | 113,117 |  |  | 113,735 |  |  | 112,869 |  |  | 113,339 |
Add: dilutive effect of common stock equivalents | 960 |  |  | 2,360 |  |  | 1,056 |  |  | 2,462 |
Weighted average common shares outstanding—diluted | 114,077 |  |  | 116,095 |  |  | 113,925 |  |  | 115,801 |
Diluted earnings per share | $ | 0.63 |  |  | $ | 0.22 |  |  | $ | 1.04 |  |  | $ | 0.84 |
Certain of our unvested stock-based awards (including restricted stock units and restricted stock awards) are considered participating securities since these securities have non-forfeitable rights to dividends or dividend equivalents during the contractual period of the award and thus requires the two-class method of computing EPS. As of September 30, 2019, we have no material participating securities outstanding. During the six months ended September 30, 2019, 1,501 restricted stock awards vested, we granted 716 unvested restricted stock awards, and 66 unvested restricted stock awards were forfeited.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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