EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY: (Tables)

6 Months Ended

Sep. 30, 2022

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:

Reconciliation of Numerator And Denominator of Basic and Diluted Loss Per Share

A reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share is shown below (in thousands, except per share amounts):

 

	For the three months ended				For the six months ended
	September 30,				September 30,
	2022		2021		2022		2021
Basic earnings (loss) per share:
Net earnings (loss)	$	(30,436)	$	(6,431)	$	(57,654)	$	10,934
Basic weighted-average shares outstanding	67,096		68,042		67,750		68,185
Basic earnings (loss) per share	$	(0.45)	$	(0.09)	$	(0.85)	$	0.16
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding	67,096		68,042		67,750		68,185
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1)	—		—		—		1,288
Diluted weighted-average shares outstanding	67,096		68,042		67,750		69,473
Diluted earnings (loss) per share	$	(0.45)	$	(0.09)	$	(0.85)	$	0.16

(1) The number of common stock options and restricted stock units as computed under the treasury stock method that would have otherwise been dilutive but are excluded from the table above because their effect would have been anti-dilutive due to the net loss position of the Company was 0.5 million and 1.3 million in the three months ended September 30, 2022 and 2021, respectively, and 0.6 million in the six months ended September 30, 2022.

Schedule of Anti-dilutive Options, Warrants and Restricted Stock Units Excluded from Computation of Loss Per Share

Restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive (other than due to the net loss position of the Company) are shown below (shares in thousands):

 

	For the three months ended		For the six months ended
	September 30,		September 30,
	2022	2021	2022	2021
Number of shares underlying restricted stock units	5,919	981	3,289	766