XML 40 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
(Loss) Earnings Per Share
 12 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share
following was a reconciliation of weighted average shares outstanding used in the calculation of basic and diluted earnings (loss) per share for 2018, 2017 and 2016:
(In thousands, except per share data)
2018
 
2017
 
2016
Net income (loss)
$
116,223

 
$
(37,409
)
 
$
(12,257
)
Weighted average shares used for basic earnings per share
33,967

 
32,551

 
31,411

Incremental diluted shares
1,604

 
—

 
—

Weighted average shares used for diluted earnings per share
35,571

 
32,551

 
31,411

Net income (loss) per share:
 
 
 
 
 
Basic
$
3.42

 
$
(1.15
)
 
$
(0.39
)
Diluted
$
3.27

 
$
(1.15
)
 
$
(0.39
)

Awards of options, SARs and unvested restricted stock units representing an additional 0.3 million, 2.0 million and 2.3 million shares of stock for 2018, 2017 and 2016, respectively, were not included in the calculation of diluted net earnings per share because their effect would have been antidilutive.