Net Income (Loss) Per Share

6 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Net Income (Loss) Per Share

Following is a reconciliation of the shares used for the basic income (loss) per share (“EPS”) and diluted EPS calculations (in thousands, except footnote reference):

	Three Months Ended September 30,		Six Months Ended September 30,
	2015	2014	2015	2014
Basic EPS:
Weighted average number of shares of common stock outstanding and vested deferred stock units (“DSUs”) (1)	15,541	12,514	15,501	12,529
Diluted EPS:
Effect of dilutive stock options and unvested DSUs	813	—	878	—
	16,354	12,514	16,379	12,529
Total outstanding options not included in diluted EPS as they would be antidilutive	—	3,239	—	3,239
Performance based grants not included in diluted EPS	21	—	21	—

(1) Includes 192,118 and 177,569 vested cumulative DSUs, respectively, for the three months ended September 30, 2015 and 2014 and 190,325 and 174,496 vested cumulative DSUs, respectively, for the six months ended September 30, 2015 and 2014 that will not be issued until the directors holding the DSUs retire from our Board of Directors.