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Net Income (Loss) Per Share (Tables)
9 Months Ended 12 Months Ended
Dec. 31, 2019
Mar. 31, 2019
Earnings Per Share [Abstract]    
Computation of Basic Net Income (Loss) Per Share of Common Stock

The following table sets forth the computation of basic net income (loss) per share of common stock for the periods indicated:

 

     Nine Months Ended
December 31,
 
     2019      2018  

Basic net income (loss) per share:

     

Numerator:

     

Net income (loss)

   $ (80,716    $ (48,480

Denominator:

     

Weighted average common shares outstanding

     108,371,642        75,525,645  

Minimum shares issuable under purchase contracts

     12,286,217        —    
  

 

 

    

 

 

 
     120,657,859        75,525,645  
  

 

 

    

 

 

 

Basic net income (loss) per share

   $ (0.67    $ (0.64
  

 

 

    

 

 

 

Diluted net income per share:

     

Numerator:

     

Net income (loss)

   $ (80,716    $ (48,480

Denominator:

     

Number of shares used in basic computation

     120,657,859        75,525,645  

Weighted average effect of dilutive securities

     

Add:

     

Dilutive shares issuable under purchase contracts

     —          —    

Time-Vesting Options

     —          —    

Deferred Stock Units

     —          —    

Restricted Share Units

     —          —    
  

 

 

    

 

 

 
     120,657,859        75,525,645  
  

 

 

    

 

 

 

Diluted net income (loss) per share

   $ (0.67    $ (0.64
  

 

 

    

 

 

 
     Year Ended
March 31, 2019
     Year Ended
March 31, 2018
     Period from
June 22, 2016
(inception) to
March 31, 2017
 

Basic net income per share:

        

Numerator:

        

Net income (loss)

   $ (52,012    $ 60,955      $ (26,294

Denominator:

        

Weighted average common shares outstanding

     75,513,130        75,590,613        8,268,077  

Basic net income (loss) per share

   $ (0.69    $ 0.81      $ (3.18

Diluted net income per share:

        

Numerator:

        

Net income (loss)

   $ (52,012    $ 60,955      $ (26,294

Denominator:

        

Number of shares used in basic computation

     75,513,130        75,590,613        8,268,077  

Weighted average effect of dilutive securities

        

Add:

        

Replacement Time-Vesting Options

            2,051,346         

Replacement Restricted Share Units

            28,440         

RSUs

            130,697         
     75,513,130        77,801,096        8,268,077  

Diluted net income (loss) per share

   $ (0.69    $ 0.78      $ (3.18
Antidilutive Securities Excluded from Diluted Net Income (Loss) Per Share

Due to their antidilutive effect, the following securities have been excluded from diluted net income (loss) per share for the periods indicated:

 

     Nine Months Ended
December 31,
 
     2019      2018  

Incremental shares issuable under purchase contracts

     1,712,220        —    

Time-Vesting Options

     1,290,327        1,846,029  

Deferred Stock Units

     6,167        —    

Restricted Stock Units

     605,830        —    
     Year Ended
March 31, 2019
     Year Ended
March 31, 2018
     Period from
June 22, 2016
(inception) to
March 31, 2017
 

Time-Vesting Options

     —          4,570,624        —    

Replacement Time-Vesting Options

     1,869,456        —          5,790,257  

Replacement Restricted Share Units

     —          —          75,840