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NET INCOME (LOSS) PER SHARE - Note 8
9 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
NET INCOME (LOSS) PER SHARE - Note 8

8. 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 loss per share (in thousands, except share and per share data):

      Three Months Ended     Nine Months Ended
      December 31,     December 31,
      2017     2016     2017     2016
Numerator:                        
Net loss available to common stockholders   $ (88,520)   $ (1,325)   $ (91,235)   $ (1,826)
                         
Denominator:                        
Common shares - basic and diluted     92,029      90,774      91,709      90,062 
                         
Net loss per share                        
     Basic    $ (0.96)   $ (0.01)   $ (0.99)   $ (0.02)
     Diluted    $ (0.96)   $ (0.01)   $ (0.99)   $ (0.02)

 

The following shares attributable to outstanding stock options and stock awards 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,
      2017     2016     2017     2016
                         
Stock options     4,292      4,771      4,292      4,771 
Stock awards     5,772      5,038      5,772      5,038 
Total anti-dilutive shares     10,064      9,809      10,064      9,809