EARNINGS (LOSS) PER SHARE ("EPS") (Tables)

9 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted loss per share

The following table sets forth the computation of basic and diluted earnings (loss) per share (shares in thousands):

	Three Months Ended December 31,						Nine Months Ended December 31,
	2017			2016			2017			2016
Computation of Basic earnings (loss) per share:
Net income (loss)	$	25,140		$	(29,842	)	$	82,680		$	(31,977	)
Less: net income allocated to participating securities	(62		)	—			(211		)	—
Net income (loss) for basic earnings (loss) per share calculation	$	25,078		$	(29,842	)	$	82,469		$	(31,977	)
Total weighted average shares outstanding—basic	113,991			90,428			109,010			86,796
Less: weighted average participating shares outstanding	(279		)	—			(278		)	—
Weighted average common shares outstanding—basic	113,712			90,428			108,732			86,796
Basic earnings (loss) per share	$	0.22		$	(0.33	)	$	0.76		$	(0.37	)
Computation of Diluted earnings (loss) per share:
Net income (loss)	$	25,140		$	(29,842	)	$	82,680		$	(31,977	)
Less: net income allocated to participating securities	(59		)	—			(206		)	—
Net income (loss) for diluted earnings (loss) per share calculation	$	25,081		$	(29,842	)	$	82,474		$	(31,977	)
Weighted average common shares outstanding—basic	113,712			90,428			108,732			86,796
Add: dilutive effect of common stock equivalents	4,206			—			2,708			—
Weighted average common shares outstanding—diluted	117,918			90,428			111,440			86,796
Less: weighted average participating shares outstanding	(279		)	—			(278		)	—
Weighted average common shares outstanding- diluted	117,639			90,428			111,162			$	86,796
Diluted earnings (loss) per share	$	0.21		$	(0.33	)	$	0.74		$	(0.37	)