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Net income per share
9 Months Ended
Dec. 31, 2022
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 December 31,Nine months ended December 31,
 2022202120222021
Numerator:    
Net income $19,105 $6,214 $45,284 $20,214 
Denominator:    
Weighted-average common shares outstanding – basic52,707,406 51,072,639 52,239,761 50,831,985 
Dilutive common equivalent shares from equity awards3,132,731 2,818,799 2,666,304 2,782,925 
Weighted-average common shares outstanding – diluted55,840,137 53,891,438 54,906,065 53,614,910 
Net income per share:    
Basic$0.36 $0.12 $0.87 $0.40 
Diluted$0.34 $0.12 $0.82 $0.38 
Weighted-average anti-dilutive shares from outstanding equity awards excluded from diluted earnings per share9,215 — 257,292 3,111