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Earnings Per Share (Tables)
6 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three Months Ended September 30,
 
Six Months Ended
September 30,
(In thousands, except per share data)
 
2017
 
2016
 
2017
 
2016
Numerator
 
 
 
 
 
 
 
 
Net income
 
$
30,705

 
$
32,195

 
$
64,464

 
$
26,664

 
 
 

 
 

 
 
 
 
Denominator
 
 

 
 

 
 
 
 
Denominator for basic earnings per share — weighted average shares outstanding
 
53,098

 
52,993

 
53,068

 
52,941

Dilutive effect of unvested restricted stock units and options issued to employees and directors
 
441

 
352

 
456

 
388

Denominator for diluted earnings per share
 
53,539

 
53,345

 
53,524

 
53,329

 
 
 

 
 

 
 
 
 
Earnings per Common Share:
 
 

 
 

 
 
 
 
Basic net earnings per share
 
$
0.58

 
$
0.61

 
$
1.21

 
$
0.50

 
 
 

 
 

 
 
 
 
Diluted net earnings per share
 
$
0.57

 
$
0.60

 
$
1.20

 
$
0.50