Net Income Per Share (Tables)

3 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income Per Share

The Company’s basic and diluted net income (loss) per share were as follows:

	For the Three Months Ended June 30,
	2022		2021
Net income (loss) per share – basic	(in thousands, except per share data)
Net income (loss)	$	54,554	$	(26,525	)
Weighted average shares – basic		45,575		45,311
Net income (loss) per share – basic	$	1.20	$	(0.59	)

	For the Three Months Ended June 30,
	2022		2021
Net income (loss) per share – diluted	(in thousands, except per share data)
Net income (loss)	$	54,554		(26,525	)
Weighted average shares – basic		45,575		45,311
Effect of dilutive securities		347		—
Weighted average shares – diluted		45,922		45,311
Net income (loss) per share – diluted	$	1.19	$	(0.59	)