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Basic and Diluted Net Income (Loss) Per Common Share
 6 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Common Share
Basic and Diluted Net Income (Loss) Per Common Share
 
The following table presents basic earnings per share (“EPS”) and diluted EPS (amounts in thousands, except per share data):
 
Quarters Ended September 30,
 
Six-Month Periods Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Numerator:
 

 
 

 
 
 
 
Net income (loss)
$
(4,998
)
 
$
7,194

 
$
(17,203
)
 
$
(29,856
)
Denominator:
 

 
 

 
 
 
 
Weighted-average shares outstanding:
 

 
 

 
 
 
 
Basic
46,590

 
45,767

 
46,471

 
45,660

Assumed conversion of employee stock grants
—

 
217

 
—

 
—

Assumed conversion of warrants
—

 
4,020

 
—

 
—

Diluted
46,590

 
50,004

 
46,471

 
45,660

 
 
 
 
 
 
 
 
Net income (loss) per basic share
$
(0.11
)
 
$
0.16

 
$
(0.37
)
 
$
(0.65
)
 
 
 
 
 
 
 
 
Net income (loss) per diluted share
$
(0.11
)
 
$
0.14

 
$
(0.37
)
 
$
(0.65
)

 
Common stock equivalents that could potentially dilute net income (loss) per basic share in the future, but were not included in the computation of diluted earnings per share because the impact would have been anti-dilutive, are as follows (amounts in thousands):
 
Quarters Ended September 30,
 
Six-Month Periods Ended September 30,
 
2016
 
2015
 
2016
 
2015
Assumed conversion of employee stock grants
2,596

 
3,942

 
2,322

 
3,507

Assumed conversion of warrants
5,771

 
—

 
5,380

 
5,305