Net Income Per Share and Stockholders' Equity (Tables)

3 Months Ended

Jun. 30, 2020

Net Income Per Share And Stockholders Equity [Abstract]

Summary of Net Income Per Share

The following table presents information necessary to calculate net income per share for the periods presented, as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive:

	Three Months Ended June 30,
(In thousands, except per share data)	2020			2019
NET INCOME PER SHARE—BASIC:
Net income (loss) attributable to ADS	$	70,466		$	(226,356	)
Adjustments for:
Dividends to redeemable convertible preferred    stockholders		(1,366	)		(6,841	)
Dividends paid to unvested restricted stockholders		(2	)		(328	)
Net income (loss) available to common stockholders    and participating securities		69,098			(233,525	)
Undistributed income allocated to participating    securities		(11,242	)		—
Net income (loss) available to common    stockholders – Basic	$	57,856		$	(233,525	)
Weighted average number of common shares    outstanding – Basic		69,380			57,576
Net income (loss) per common share – Basic	$	0.83		$	(4.06	)
NET INCOME PER SHARE—DILUTED:
Net income (loss) available to common    stockholders – Diluted	$	57,856		$	(233,525	)
Weighted average number of common shares    outstanding – Basic		69,380			57,576
Assumed exercise of stock options		573			—
Restricted stock		173			—
Weighted average number of common shares    outstanding – Diluted		70,126			57,576
Net income (loss) per common share – Diluted	$	0.83		$	(4.06	)
Potentially dilutive securities excluded as    anti-dilutive		15,161			10,806