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COMPUTATION OF EARNINGS PER SHARE
9 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
COMPUTATION OF EARNINGS PER SHARE

(I) COMPUTATION OF EARNINGS PER SHARE

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

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Weighted Average Shares of Common Stock Outstanding

 

 

46,275,198

 

 

 

48,221,093

 

 

 

47,059,408

 

 

 

48,132,276

 

Effect of Dilutive Shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

268,283

 

 

 

887,506

 

 

 

629,968

 

 

 

1,069,152

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(171,402

)

 

 

(606,549

)

 

 

(442,898

)

 

 

(778,985

)

Restricted Stock Units

 

 

123,915

 

 

 

255,712

 

 

 

156,793

 

 

 

218,987

 

Weighted Average Common Stock and Dilutive Securities Outstanding

 

 

46,495,994

 

 

 

48,757,762

 

 

 

47,403,271

 

 

 

48,641,430

 

Shares Excluded Due to Anti-dilution Effects

 

 

756,035

 

 

 

121,179

 

 

 

360,978

 

 

 

91,089