Net Income (Loss) Per Share

6 Months Ended

Sep. 30, 2020

12. Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share of common stock:


	Three Months Ended September 30,				Six Months Ended September 30,
	2020		2019		2020		2019
Numerator:
Net income (loss)	$	(42,622)	$	(93,935)	$	(101,316)	$	(131,451)
Denominator:
Weighted average common shares outstanding		304,172,412		123,794,511		303,881,424		99,897,191
Minimum shares issuable under purchase contracts		16,465,704		18,429,325		16,465,704		9,214,662
Total weighted average shares outstanding		320,638,116		142,223,836		320,347,128		109,111,853
Basic and diluted net income (loss) per share	$	(0.13)	$	(0.66)	$	(0.32)	$	(1.20)

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


	Three Months Ended September 30,				Six Months Ended September 30,
	2020		2019		2020		2019
Dilutive shares issuable under purchase contracts		1,446,935		3,685,750		2,369,987		1,842,875
Time-Vesting Options		681,938		1,156,510		636,267		1,405,556
Restricted Share Units		778,123		908,745		875,084		454,373
Deferred Stock Units		61,858		—		55,567		—