Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v2.4.1.9
NET INCOME (LOSS) PER SHARE (Tables)
 9 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Computation of basic and diluted net income (loss) per share
The following is the computation of basic and diluted net income (loss) per share (in thousands, except per share data):
 
Three Months Ended
 
Nine Months Ended
 
December 31, 2014
 
December 31, 2013
 
December 31, 2014
 
December 31, 2013
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
6,931

 
$
(2,458
)
 
$
3,855

 
$
(7,070
)
Adjustment for interest expense on convertible subordinated notes, net of taxes
902

 
—

 
—

 
—

Income (loss) for purposes of computing income (loss) per diluted share
$
7,833


$
(2,458
)

$
3,855


$
(7,070
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares:
 
 
 
 
 
 
 
Basic
255,860

 
248,135

 
253,773

 
246,183

Dilutive shares from stock plans
4,493

 
—

 
4,034

 
—

Dilutive shares from convertible subordinated notes
42,502

 
—

 
—

 
—

Diluted
302,855

 
248,135

 
257,807

 
246,183

 
 
 
 
 
 
 
 
Basic net income (loss) per share
$
0.03

 
$
(0.01
)
 
$
0.02

 
$
(0.03
)
Diluted net income (loss) per share
$
0.03

 
$
(0.01
)
 
$
0.01

 
$
(0.03
)