Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.3.1.900
NET INCOME (LOSS) PER SHARE (Tables)
 9 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of basic and diluted income (loss) per share
The following is the computation of basic and diluted income (loss) per share (in thousands, except per share data):
 
Three Months Ended
 
Nine Months Ended
 
December 31, 2015
 
December 31, 2014
 
December 31, 2015
 
December 31, 2014
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
(299
)
 
$
6,931

 
$
(22,281
)
 
$
3,855

Adjustment for interest expense on convertible subordinated notes, net of taxes
—

 
902

 
—

 
—

Income (loss) for purposes of computing income (loss) per diluted share
$
(299
)

$
7,833


$
(22,281
)

$
3,855

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares:
 
 
 
 
 
 
 
Basic
264,003

 
255,860

 
261,849

 
253,773

Dilutive shares from stock plans
—

 
4,493

 
—

 
4,034

Dilutive shares from convertible subordinated notes
—

 
42,502

 
—

 
—

Diluted
264,003

 
302,855

 
261,849

 
257,807

 
 
 
 
 
 
 
 
Basic net income (loss) per share
$ (0.00)

 
$
0.03

 
$
(0.09
)
 
$
0.02

Diluted net income (loss) per share
$ (0.00)

 
$
0.03

 
$
(0.09
)
 
$
0.01