Quantum Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

NET INCOME (LOSS) PER SHARE (Tables)

12 Months Ended

Mar. 31, 2017

Schedule of basic and diluted net income (loss) per share

The following table sets forth the computation of basic and diluted net income (loss) per share, as adjusted for the Reverse Stock Split, (in thousands, except per-share data):



	For the year ended March 31,
	2017		2016			2015
Numerator:
Net income (loss)	$	3,645	$	(76,394	)	$	17,083

Denominator:
Weighted average shares:
Basic	33,742		32,841			31,833
Dilutive shares from stock plans	371		—			670
Diluted	34,113		32,841			32,503

Basic net income (loss) per share	$	0.11	$	(2.33	)	$	0.54
Diluted net income (loss) per share	$	0.11	$	(2.33	)	$	0.53

Schedule of antidilutive securities excluded from computation of diluted net income (loss) per share

The computations of diluted net income (loss) per share for the periods presented exclude the following because the effect would have been anti-dilutive (in millions):



	For the year ended March 31,
	2017	2016	2015
Weighted average shares excluded:
4.50% convertible subordinated notes	5.1	5.3	5.3
3.50% convertible subordinated notes	—	1.3	3.6
Stock options	0.2	0.6	0.3
Unvested restricted stock units	0.4	1.5	—

Interest expense excluded:
4.50% convertible subordinated notes	0.4	0.5	0.5
3.50% convertible subordinated notes	—	0.2	0.7