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EARNINGS PER SHARE ("EPS") (Tables)
12 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted EPS The following table sets forth the computation of basic and diluted EPS (in thousands except per share amounts):
 Fiscal Year Ended March 31,
202020192018
Computation of Basic earnings per share:         
Net income$404,459  $333,837  $173,533  
Less: net income allocated to participating securities—  —  (159) 
Net income for basic earnings per share calculation$404,459  $333,837  $173,374  
Total weighted average shares outstanding—basic113,096  113,176  110,210  
Less: weighted average participating shares outstanding—  —  (101) 
Weighted average common shares outstanding—basic113,096  113,176  110,109  
Basic earnings per share$3.58  $2.95  $1.57  
Computation of Diluted earnings per share:         
Net income$404,459  $333,837  $173,533  
Less: net income allocated to participating securities—  —  (155) 
Net income for diluted earnings per share calculation          $404,459  $333,837  $173,378  
Weighted average common shares outstanding—basic113,096  113,176  110,109  
Add: dilutive effect of common stock equivalents1,040  2,022  2,755  
Weighted average common shares outstanding—diluted114,136  115,198  112,864  
Less: weighted average participating shares outstanding—  —  (101) 
Weighted average common shares outstanding- diluted114,136  115,198  112,763  
Diluted earnings per share$3.54  $2.90  $1.54