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Net Income (Loss) Per Share (Tables)
9 Months Ended
Dec. 31, 2015
Net Income Loss Per Share Tables  
Net Income (Loss) Per Share

The following is a reconciliation of the weighted average number of common shares outstanding used in calculating basic and diluted net income (loss) per share (in thousands, except share and per share data):

      Three Months Ended     Nine Months Ended
      December 31,     December 31,
      2015     2014     2015     2014
Numerator:                        
Net income (loss) available to common stockholders   $ (1,680)   $ 444    $ (4,044)   $ 1,743 
                         
Denominator:                        
Common shares     88,289      89,594      88,812      89,107 
                         
Denominator for basic calculation     88,289      89,594      88,812      89,107 
Employee stock options          1,963          2,210 
Stock purchase rights         417          435 
Denominator for diluted calculation      88,289      91,974      88,812      91,752 
                         
Net income (loss) per share                        
     Basic    $ (0.02)   $ 0.01    $ (0.05)   $ 0.02 
     Diluted    $ (0.02)   $ 0.01    $ (0.05)   $ 0.02 

 

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following shares attributable to outstanding stock options and restricted stock purchase rights were excluded from the calculation of diluted earnings per share because their inclusion would have been antidilutive (in thousands):

      Three Months Ended     Nine Months Ended
      December 31,     December 31,
      2015     2014     2015     2014
Employee stock options     1,232      2,106      2,539      1,634 
Stock purchase rights         370      55      59 
Total anti-dilutive employee stock-based securities     1,232      2,476      2,594      1,693