Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v3.20.4
Earnings per Share
9 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic net income per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period.
Diluted net income per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period and including the dilutive effects of employee stock-based awards outstanding during the period.
The following table sets forth the computation of net income from continuing operations, net of taxes, per share of common stock (in thousands, except per share amounts):
  Three months ended December 31, Nine months ended December 31,
2020 2019 2020 2019
Income from continuing operations, net of taxes $ 14,515  $ 3,261  $ 24,828  $ 253 
Weighted-average common shares outstanding, basic 89,003  85,876  88,140  83,869 
Basic net income per common share $ 0.16  $ 0.04  $ 0.28  $ — 
Weighted-average common shares outstanding, diluted 96,976  92,472  95,563  89,759 
Diluted net income per common share 0.15  0.04  0.26  —