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Basis of Preparation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Computation of Basic and Diluted Net Income Per Share For the fiscal years ended March 31, 2020, 2019 and 2018, the Company’s basic and diluted net income per share were as follows (figures in tables are in thousands, except per share data):

 

 

 

Fiscal Years Ended March 31,

 

Basic Net Income Per Share

 

 

2020

 

 

 

2019

 

 

 

2018

 

Net income

 

$

203,009

 

 

$

259,016

 

 

$

112,170

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares - basic

 

 

45,179

 

 

 

44,911

 

 

 

44,153

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic

 

$

4.49

 

 

$

5.77

 

 

$

2.54

 

 

 

 

Fiscal Years Ended March 31,

 

Diluted Net Income Per Share

 

 

2020

 

 

 

2019

 

 

 

2018

 

Net income

 

$

203,009

 

 

$

259,016

 

 

$

112,170

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares - basic

 

 

45,179

 

 

 

44,911

 

 

 

44,153

 

Effect of dilutive securities

 

 

637

 

 

 

1,240

 

 

 

1,696

 

Weighted average shares - diluted

 

 

45,816

 

 

 

46,151

 

 

 

45,849

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted

 

$

4.43

 

 

$

5.61

 

 

$

2.45