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Net Income (Loss) per Share
12 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) per Share
Net Income (Loss) per Share
The computations of basic and diluted net income (loss) per share for the Company were as follows (in thousands except per share amounts):
 
 
Years Ended March 31,
 
 
2017
 
2016
 
2015
Net Income (loss):
 
 
 
 
 
 
Continuing operations
 
$
205,876

 
$
128,362

 
$
148,429

Discontinued operations
 

 
(9,045
)
 
(139,146
)
Net income
 
$
205,876

 
$
119,317

 
$
9,283

 
 
 
 
 
 
 
Shares used in net income (loss) per share computation:
 
 
 
 
 
 
Weighted average shares outstanding - basic
 
162,058

 
163,296

 
163,536

Effect of potentially dilutive equivalent shares
 
3,482

 
2,496

 
2,638

Weighted average shares outstanding - diluted
 
165,540

 
165,792

 
166,174

 
 
 

 
 

 
 

Net income (loss) per share - basic:
 
 
 
 
 
 
Continuing operations
 
$
1.27

 
$
0.79

 
$
0.91

Discontinued operations
 
$

 
$
(0.06
)
 
$
(0.85
)
Net income per share - basic
 
$
1.27

 
$
0.73

 
$
0.06

 
 
 
 
 
 
 
Net income (loss) per share - diluted:
 
 
 
 
 
 
Continuing operations
 
$
1.24

 
$
0.77

 
$
0.89

Discontinued operations
 
$

 
$
(0.05
)
 
$
(0.83
)
Net income per share - diluted
 
$
1.24

 
$
0.72

 
$
0.06


During fiscal years 2017, 2016 and 2015, 1.4 million, 5.2 million and 9.0 million share equivalents attributable to outstanding stock options, RSUs and ESPP were excluded from the calculation of diluted net income (loss) per share because the combined exercise price, average unamortized fair value and assumed tax benefits upon exercise of these options and ESPP or vesting of RSUs were greater than the average market price of the Company's shares, and therefore their inclusion would have been anti-dilutive.