Net Income (Loss) Per Share

9 Months Ended

Dec. 31, 2020

Net Income (Loss) Per Share [Abstract]

Net Income (Loss) Per Share

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 December 31,				Nine Months Ended December 31,
	2020		2019		2020		2019
Numerator:
Net income (loss)	$	2,196	$	50,735	$	(99,120)	$	(80,716)
Denominator:
Weighted average common shares outstanding		304,547,891		124,962,970		304,104,388		108,371,642
Minimum shares issuable under purchase contracts		16,465,704		18,429,325		16,465,704		12,286,217
Total weighted average shares outstanding		321,013,595		143,392,295		320,570,092		120,657,859
Basic net income (loss) per share	$	0.01	$	0.35	$	(0.31)	$	(0.67)
Diluted net income per share:
Numerator:
Net income (loss)	$	2,196	$	50,735	$	(99,120)	$	(80,716)
Denominator:
Number of shares used in basic computation		321,013,595		143,392,295		320,570,092		120,657,859
Weighted average effect of dilutive securities
Dilutive shares issuable under purchase contracts		—		1,450,910		—		—
Time-Vesting Options		932,344		1,059,868		—		—
Restricted Share Units		2,753,810		289,537		—		—
Deferred Stock Units		95,624		9,250		—		—
Employee Stock Purchase Program Shares		20,151		—		—		—
		324,815,524		146,201,860		320,570,092		120,657,859
Diluted net income (loss) per share	$	0.01	$	0.35	$	(0.31)	$	(0.67)

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

	Three Months Ended December 31,				Nine Months Ended December 31,
	2020		2019		2020		2019
Dilutive shares issuable under purchase contracts		—		—		1,579,991		1,712,220
Time-Vesting Options		—		—		766,432		1,290,327
Restricted Share Units		—		—		2,360,586		605,830
Deferred Stock Units		—		—		81,983		6,167