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Net Income (Loss) Per Share (Tables)
12 Months Ended
Mar. 31, 2020
Net Income (Loss) Per Share [Abstract]  
Computation of Basic Net Income (Loss) Per Share of Common Stock



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

Year Ended

 

Year Ended

 

 

March 31, 2020

 

March 31, 2019

 

March 31, 2018

Basic net income (loss) per share:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(947,597)

 

$

(52,012)

 

$

60,955 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

123,387,547 

 

 

75,513,130 

 

 

75,590,613 

Minimum shares issuable under purchase contracts

 

 

13,609,077 

 

 

 —

 

 

 —



 

 

136,996,624 

 

 

75,513,130 

 

 

75,590,613 

Basic net income (loss) per share

 

$

(6.92)

 

$

(0.69)

 

$

0.81 



 

 

 

 

 

 

 

 

 

Diluted net income per share:

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(947,597)

 

$

(52,012)

 

$

60,955 

Denominator:

 

 

 

 

 

 

 

 

 

Number of shares used in basic computation

 

 

136,996,624 

 

 

75,513,130 

 

 

75,590,613 

Weighted average effect of dilutive securities

 

 

 

 

 

 

 

 

 

Time-Vesting Options

 

 

 —

 

 

 —

 

 

2,051,346 

Restricted Share Units

 

 

 —

 

 

 —

 

 

159,137 



 

 

136,996,624 

 

 

75,513,130 

 

 

77,801,096 

Diluted net income (loss) per share

 

$

(6.92)

 

$

(0.69)

 

$

0.78 



Antidilutive Securities Excluded from Diluted Net Income (Loss) Per Share



 

 

 

 

 

 

 

 

 



 

Year Ended

 

Year Ended

 

Year Ended



 

March 31, 2020

 

March 31, 2019

 

March 31, 2018

Dilutive shares issuable under purchase contracts

 

 

1,829,437 

 

 

 —

 

 

 —

Time-Vesting Options

 

 

1,259,594 

 

 

1,869,456 

 

 

4,570,624 

Restricted Share Units

 

 

1,345,211 

 

 

 —

 

 

 —

Deferred Stock Units

 

 

20,371 

 

 

 —

 

 

 —