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Earnings Per Share | 9 Months Ended
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Dec. 31, 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 December 31, |  | Nine Months Ended December 31,
(In thousands, except per share data) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Numerator |  |  |  |  |  |  |  |
Net income |  | $ | 61,032 |  |  | $ | 53,046 |  |  | $ | 164,477 |  |  | $ | 159,881 |
Denominator |  |  |  |  |  |  |  |
Denominator for basic earnings per share — weighted average shares outstanding |  | 49,597 |  |  | 49,740 |  |  | 49,711 |  |  | 49,731 |
Dilutive effect of unvested restricted stock units and options issued to employees and directors |  | 396 |  |  | 385 |  |  | 374 |  |  | 403 |
Denominator for diluted earnings per share |  | 49,993 |  |  | 50,125 |  |  | 50,085 |  |  | 50,134 |
Earnings per Common Share: |  |  |  |  |  |  |  |
Basic earnings per share |  | $ | 1.23 |  |  | $ | 1.07 |  |  | $ | 3.31 |  |  | $ | 3.21 |
Diluted earnings per share |  | $ | 1.22 |  |  | $ | 1.06 |  |  | $ | 3.28 |  |  | $ | 3.19 |
For the three months ended December 31, 2024 and 2023, there were 0.1 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 nine months ended December 31, 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.

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