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Net income per share
6 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net income per share Net income per share
The Company computes basic net income per share using the weighted-average number of shares of common stock outstanding. Diluted net income per share amounts are calculated using the treasury stock method for equity-based compensation awards. The following is a reconciliation of the numerator and denominator in the basic and diluted net income per common share computations (in thousands, except share and per share data):
 Three months ended September 30,Six months ended September 30,
 2021202020212020
Numerator:    
Net income $5,724 $447 $14,000 $1,959 
Denominator:    
Weighted-average common shares outstanding – basic50,875,618 49,147,366 50,711,000 49,036,519 
Dilutive common equivalent shares from equity awards2,666,106 2,601,071 2,764,988 2,308,278 
Weighted-average common shares outstanding – diluted53,541,724 51,748,437 53,475,988 51,344,797 
Net income per share:    
Basic$0.11 $0.01 $0.28 $0.04 
Diluted$0.11 $0.01 $0.26 $0.04 
Weighted-average anti-dilutive shares from outstanding equity awards excluded from diluted earnings per share9,334 857,698 4,667 1,712,824