EARNINGS PER SHARE ("EPS")

9 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

EARNINGS PER SHARE ("EPS")

EARNINGS PER SHARE ("EPS")

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

	Three Months Ended December 31,				Nine Months Ended December 31,
	2021		2020		2021		2020
Computation of Basic earnings per share:
Net income	$	144,497	$	182,248	$	307,050	$	370,074
Weighted average shares outstanding—basic	115,269		115,004		115,572		114,436
Basic earnings per share	$	1.25	$	1.58	$	2.66	$	3.23
Computation of Diluted earnings per share:
Net income	$	144,497	$	182,248	$	307,050	$	370,074
Weighted average shares outstanding—basic	115,269		115,004		115,572		114,436
Add: dilutive effect of common stock equivalents	1,439		1,113		1,238		1,137
Weighted average common shares outstanding—diluted	116,708		116,117		116,810		115,573
Diluted earnings per share	$	1.24	$	1.57	$	2.63	$	3.20

During the nine months ended December 31, 2021, 1,096 restricted stock awards vested, we granted 931 unvested restricted stock awards, and 66 unvested restricted stock awards were forfeited.