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Earnings Per Share
6 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

The weighted average number of common shares outstanding is reported as the weighted average of the total shares of common stock outstanding net of shares of common stock held by a wholly owned subsidiary. Shares of common stock owned by the subsidiary were 785 at September 30, 2016 and 2015. This subsidiary waives its right to receive dividends and it does not have the right to vote.
          Certain potentially dilutive options were not included in the computation of earnings per diluted share because their exercise prices were greater than the average market price of the shares of common stock during the period and their effect would be antidilutive. These shares totaled 461 at a weighted average exercise price of $61.09 per share at September 30, 2016 and 646 at a weighted average exercise price of $60.49 per share at September 30, 2015.
          The following table summarizes the computation of earnings per share for the three months and six months ended September 30, 2016 and 2015, respectively.

 
Three Months Ended September 30,
 
Six Months Ended September 30,
 
(in thousands, except per share data)
2016
 
2015
 
2016
 
2015
 
BASIC LOSS
 
 
 
 
 
 
 
 
Net loss attributable to Alliance One International, Inc.
$
(15,657
)
 
$
(21,065
)
 
$
(47,163
)
 
$
(47,015
)
 
 
 
 
 
 
 
 
 
 
SHARES
 
 
 
 
 
 
 
 
   Weighted average number of shares outstanding
8,923

 
8,883

 
8,914

 
8,873

 
 
 
 
 
 
 
 
 
 
BASIC LOSS PER SHARE
$
(1.75
)
 
$
(2.37
)
 
$
(5.29
)
 
$
(5.30
)
 
 
 
 
 
 
 
 
 
 
DILUTED LOSS
 
 
 
 
 
 
 
 
   Net loss attributable to Alliance One International, Inc.
$
(15,657
)
 
$
(21,065
)
 
$
(47,163
)
 
$
(47,015
)
 
 
 
 
 
 
 
 
 
 
SHARES
 
 
 
 
 
 
 
 
   Weighted average number of common shares
   outstanding
8,923

 
8,883

 
8,914

 
8,873

 
   Plus: Restricted shares issued and shares applicable to
              stock options and restricted stock units, net of
             shares assumed to be purchased from proceeds
             at average market price

*

*

*

*
   Adjusted weighted average number of common
  shares outstanding
8,923

 
8,883

 
8,914

 
8,873

 
DILUTED LOSS PER SHARE
$
(1.75
)
 
$
(2.37
)
 
$
(5.29
)
 
$
(5.30
)
 
 
 
 
 
 
 
 
 
 
* All outstanding restricted shares and shares applicable to stock options and restricted stock units are excluded because their inclusion would have an antidilutive effect on the loss per share.