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EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY: (Tables)
6 Months Ended
Sep. 30, 2021
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:  
Reconciliation of numerator and denominator of basic and diluted earnings (loss) per share
A reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share is shown below (in thousands, except per share amounts):
 
For the three months endedFor the six months ended
September 30,September 30,
2021202020212020
Basic earnings (loss) per share:
Net earnings (loss)$(6,431)$(23,968)$10,934 $(45,696)
Basic weighted-average shares outstanding68,042 66,010 68,185 65,790 
Basic earnings (loss) per share$(0.09)$(0.36)$0.16 $(0.69)
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding68,042 66,010 68,185 65,790 
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1)— — 1,288 — 
Diluted weighted-average shares outstanding68,042 66,010 69,473 65,790 
Diluted earnings (loss) per share$(0.09)$(0.36)$0.16 $(0.69)

(1) The number of common stock options and restricted stock units as computed under the treasury stock method that would have otherwise been dilutive but are excluded from the table above because their effect would have been anti-dilutive due to the net loss position of the Company was (i) 1.3 million in the three months ended September 30, 2021, and (ii) 2.8 million and 2.3 million in the three and six months ended September 30, 2020, respectively.
Schedule of anti-dilutive options, warrants and restricted stock units excluded from computation of earnings (loss) per share
Restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive (other than due to the net loss position of the Company) are shown below (shares in thousands):
 
For the three months endedFor the six months ended
September 30,September 30,
2021202020212020
Number of shares underlying restricted stock units981 1,065 766 546