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COMPUTATION OF EARNINGS PER SHARE
 6 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
COMPUTATION OF EARNINGS PER SHARE

(J) COMPUTATION OF EARNINGS PER SHARE

The calculation of basic and diluted common shares outstanding is as follows:

 

 

 

For the Three Months
Ended September 30,

 

 

For the Six Months
Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Weighted-Average Shares of Common Stock Outstanding

 

 

49,828,189

 

 

 

49,591,495

 

 

 

49,797,972

 

 

 

49,546,916

 

Common Equivalent Shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

1,278,908

 

 

 

1,423,211

 

 

 

1,303,636

 

 

 

1,453,437

 

Less: Shares Repurchased from Assumed Proceeds of Assumed Exercised Options

 

 

(866,236

)

 

 

(891,837

)

 

 

(871,354

)

 

 

(933,050

)

Restricted Shares

 

 

229,290

 

 

 

304,417

 

 

 

230,693

 

 

 

290,611

 

Weighted-Average Common and Common Equivalent Shares Outstanding

 

 

50,470,151

 

 

 

50,427,286

 

 

 

50,460,947

 

 

 

50,357,914

 

Shares Excluded Due to Anti-dilution Effects

 

 

596,973

 

 

 

218,636

 

 

 

527,330

 

 

 

170,227