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Net Income Per Share
3 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
 
The computations of basic and diluted net income per share for the Company were as follows (in thousands, except per share amounts):
 
 
Three Months Ended
June 30,
 
 
2017
 
2016
Net Income
 
$
37,007

 
$
21,941

 
 
 
 
 
Shares used in net income per share computation:
 
 

 
 

Weighted average shares outstanding - basic
 
163,407

 
162,130

Effect of potentially dilutive equivalent shares
 
4,932

 
2,173

Weighted average shares outstanding - diluted
 
168,339

 
164,303

 
 
 
 
 
Net income per share:
 
 

 
 

Basic
 
$
0.23

 
$
0.14

Diluted
 
$
0.22

 
$
0.13


 
Share equivalents attributable to outstanding stock options and restricted stock units of 1.4 million and 5.7 million for the three months ended June 30, 2017 and 2016, respectively, were anti-dilutive and excluded from the calculation of diluted net income per share.