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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 2018
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 December 31,
 
Nine Months Ended December 31,
(In thousands, except per share data)
 
2018

2017
 
2018

2017
Numerator
 
 
 
 
 
 
 
 
Net income
 
$
38,167

 
$
314,793

 
$
103,474

 
$
379,257

 
 
 

 
 

 
 
 
 
Denominator
 
 

 
 

 
 
 
 
Denominator for basic earnings per share — weighted average shares outstanding
 
51,881

 
53,129

 
52,119

 
53,089

Dilutive effect of nonvested restricted stock units and options issued to employees and directors
 
321

 
414

 
312

 
442

Denominator for diluted earnings per share
 
52,202

 
53,543

 
52,431

 
53,531

 
 
 

 
 

 
 
 
 
Earnings per Common Share:
 
 

 
 

 
 
 
 
Basic earnings per share
 
$
0.74

 
$
5.93

 
$
1.99

 
$
7.14

 
 
 

 
 

 
 
 
 
Diluted earnings per share
 
$
0.73

 
$
5.88

 
$
1.97

 
$
7.08