EARNINGS PER SHARE ("EPS")

6 Months Ended

Sep. 30, 2020

EARNINGS PER SHARE ("EPS")

The following table sets forth the computation of basic and diluted earnings per share:


	Three Months Ended September 30,				Six Months Ended September 30,
	2020		2019		2020		2019
Computation of Basic earnings per share:
Net income	$	99,321	$	71,815	$	187,826	$	118,095
Weighted average shares outstanding—basic	114,444		113,117		114,153		112,869
Basic earnings per share	$	0.87	$	0.63	$	1.65	$	1.05

Computation of Diluted earnings per share:
Net income	$	99,321	$	71,815	$	187,826	$	118,095



Weighted average shares outstanding—basic	114,444		113,117		114,153		112,869
Add: dilutive effect of common stock equivalents	970		960		1,092		1,056
Weighted average common shares outstanding—diluted	115,414		114,077		115,245		113,925

Diluted earnings per share	$	0.86	$	0.63	$	1.63	$	1.04

During the six months ended September 30, 2020, 1,112 restricted stock awards vested, we granted 729 unvested restricted stock awards, and 18 unvested restricted stock awards were forfeited.