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Earnings Per Share | 12 Months Ended
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Mar. 31, 2016
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic earnings per share is computed based on the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed based on the weighted-average number of shares of common stock outstanding plus the effect of potentially dilutive common shares outstanding during the period using the treasury stock method, which includes stock options, and restricted stock units. The following table sets forth the computation of basic and diluted earnings per share:
| Year Ended March 31,
(In thousands, except per share data) | 2016 |  | 2015 |  | 2014
Numerator |  |  |  |  |
Net income | $ | 99,907 |  |  | $ | 78,260 |  |  | $ | 72,615 |
Denominator |  |  |  |  |  |  |
Denominator for basic earnings per share- weighted average shares outstanding | 52,754 |  |  | 52,170 |  |  | 51,641 |
Dilutive effect of unvested restricted stock units and options issued to employees and directors | 389 |  |  | 500 |  |  | 708 |
Denominator for diluted earnings per share | 53,143 |  |  | 52,670 |  |  | 52,349 |
Earnings per Common Share: |  |  |  |  |  |  |
Basic net earnings per share | $ | 1.89 |  |  | $ | 1.50 |  |  | $ | 1.41 |
Diluted net earnings per share | $ | 1.88 |  |  | $ | 1.49 |  |  | $ | 1.39 |
For 2016, 2015, and 2014 there were less than 0.1 million, 0.3 million, and 0.2 million shares, respectively, attributable to outstanding stock-based awards that were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive.

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