Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.8.0.1
NET INCOME (LOSS) PER SHARE (Tables)
 6 Months Ended
Sep. 30, 2017
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
 
Six Months Ended
 
September 30, 2017
 
September 30, 2016
 
September 30, 2017
 
September 30, 2016
Numerator:
 
 
 
 
 
 
 
Net income (loss)
$
(7,863
)
 
$
4,072

 
$
(11,537
)
 
$
552

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares:
 
 
 
 
 
 
 
Basic
34,561

 
33,804

 
34,337

 
33,549

Dilutive shares from stock plans
—

 
244

 
—

 
150

Diluted
34,561

 
34,048

 
34,337

 
33,699

 
 
 
 
 
 
 
 
       Basic and diluted net income (loss) per share
$
(0.23
)
 
$
0.12

 
$
(0.34
)
 
$
0.02

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):
 
Three Months Ended
 
Six Months Ended
 
September 30, 2017
 
September 30, 2016
 
September 30, 2017
 
September 30, 2016
 
 
 
 
 
 
 
 
Weighted average shares excluded:
 
 
 
 
 
 
 
4.50% convertible subordinated notes
4.3

 
5.3

 
4.3

 
5.1

Stock options
0.2

 
0.2

 
0.2

 
0.4

Unvested restricted stock units
2.0

 
0.4

 
1.8

 
0.8

 
 
 
 
 
 
 
 
Interest expense excluded:
 
 
 
 
 
 
 
4.50% convertible subordinated notes
$
0.6

 
$
0.1

 
$
1.4

 
$
0.4