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2. NET INCOME ( LOSS) PER COMMON SHARE (Tables)

9 Months Ended

Dec. 31, 2015

NET INCOME (LOSS) PER COMMON SHARE

Basic and diluted net loss per share

		Three Months Ended December 31,						Nine Months Ended December 31,
		2015			2014			2015			2014
		(In thousands, except per share amounts)
Net income (loss)		$	(819)		$	148		$	(2,083)		$	(2,248)
Denominators:
Weighted average shares—Basic			22,612			23,738			22,743			25,591
Dilutive effect of employee stock options			—			587			—			—
Weighted average shares—Dilutive			22,612			24,325			22,743			25,591
Net income (loss) per common share—Basic		$	(0.04)		$	0.01		$	(0.09)			(0.09)
Net income (loss) per common share—Diluted		$	(0.04)		$	0.01		$	(0.09)			(0.09)

Anti-dilutive shares

		Three Months Ended December 31,					Nine Months Ended December 31,
		2015		2014			2015		2014
		(In thousands)
Shares underlying options		5,887		4,245			5,282		3,786

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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