NET INCOME PER SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS

12 Months Ended

Mar. 31, 2021

Earnings Per Share

The calculations of basic and diluted earnings per share attributable to holders of shares of common stock are presented below.


	Year Ended March 31,
	2021		2020		2019
Numerator:
Net income attributable to holders of shares of common stock—basic	$	312,771	$	183,793	$	159,106
Net income attributable to holders of shares of common stock—diluted	$	312,771	$	183,793	$	159,106
Denominator:
Weighted average shares of common stock outstanding—basic	65,785,042		62,152,870		62,213,414
Weighted average number of incremental shares issuable from unvested restricted stock and restricted stock units, as calculated using the treasury stock method	2,886,206		3,572,646		3,632,718
Weighted average shares of common stock outstanding—diluted	68,671,248		65,725,516		65,846,132

Basic earnings per share	$	4.75	$	2.96	$	2.56
Diluted earnings per share	$	4.55	$	2.80	$	2.42