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Net Income Per Share (Tables)

9 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Computations of Basic and Diluted Net Income Per Share

The following table summarizes the computations of basic and diluted net income per share for the three and nine months ended December 31, 2023 and 2022 (in thousands, except per share amounts):

						Three months ended December 31,												Nine months ended December 31,
						2023						2022						2023						2022
Net income						$	244,684					$	140,153					$	444,528					$	323,080
Shares used in net income per share computation:
Weighted average shares outstanding - basic						155,933						161,244						157,568						163,042
Effect of potentially dilutive equivalent shares						1,507						1,285						1,275						1,385
Weighted average shares outstanding - diluted						157,440						162,529						158,843						164,427
Net income per share:
Basic						$	1.57					$	0.87					$	2.82					$	1.98
Diluted						$	1.55					$	0.86					$	2.80					$	1.96

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- References

No definition available.

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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/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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