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Earnings Per Share
6 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share 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)2024202320242023
Numerator
Net income $54,377 $53,559 $103,445 $106,835 
   
Denominator  
Denominator for basic earnings per share — weighted average shares outstanding49,652 49,687 49,768 49,727 
Dilutive effect of unvested restricted stock units and options issued to employees and directors346 394 364 411 
Denominator for diluted earnings per share49,998 50,081 50,132 50,138 
   
Earnings per Common Share:  
Basic earnings per share$1.10 $1.08 $2.08 $2.15 
   
Diluted earnings per share$1.09 $1.07 $2.06 $2.13 
For the three months ended September 30, 2024 and 2023, there were 0.2 million and 0.3 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. For the six months ended September 30, 2024 and 2023, there were 0.2 million and 0.3 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.