Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.20.4
Net Income (Loss) Per Share (Tables)
9 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share data):
Three Months Ended December 31, Nine Months Ended December 31,
2020 2019 2020 2019
Numerator:
Net income (loss) $ 18,416  $ 1,763  $ 48,760  $ (464,726)
Denominator:
Weighted average shares outstanding, basic 281,010  277,926  280,057  260,383 
Dilutive effect of stock-based awards 5,417  2,230  5,827  — 
Weighted average shares outstanding, diluted 286,427  280,156  285,884  260,383 
Net income (loss) per share, basic $ 0.07  $ 0.01  $ 0.17  $ (1.78)
Net income (loss) per share, diluted $ 0.06  $ 0.01  $ 0.17  $ (1.78)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share A summary of these weighted-average anti-dilutive common share equivalents is provided in the table below (in thousands):
Three Months Ended December 31, Nine Months Ended December 31,
2020 2019 2020 2019
Stock options 2,185  79  1,777  3,970 
Unvested restricted stock and RSUs 10  31  3,334 
Shares committed under ESPP 15  21