NET INCOME (LOSS) PER COMMON SHARE (Tables)

6 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Summary of the Effect of Net Income (Loss) Per Common Share

For the six months ended September 30, 2020, Orion was in a net loss position; therefore, the Basic and Diluted weighted-average shares outstanding are equal because any increase to the basic shares would be anti-dilutive. Basic and Diluted net income (loss) per common share was calculated based upon the following:

	For the Three Months Ended September 30,				For the Six Months Ended September 30,
	2020		2019		2020			2019
Numerator:
Net income (loss) (in thousands)	$	1,914	$	6,721	$	(305	)	$	10,689
Denominator:
Weighted-average common shares outstanding		30,669,272		30,189,067		30,511,611			29,957,541
Weighted-average common shares and common share    equivalents outstanding		31,170,139		30,830,381		30,511,611			30,757,863
Net income (loss) per common share:
Basic	$	0.06	$	0.22	$	(0.01	)	$	0.36
Diluted	$	0.06	$	0.22	$	(0.01	)	$	0.35