Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.21.2
Net Income Per Share (Tables)
6 Months Ended
Sep. 30, 2021
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 per share (in thousands, except per share data):
Three Months Ended September 30, Six Months Ended September 30,
2021 2020 2021 2020
Numerator:
Net income $ 23,641  $ 17,479  $ 36,935  $ 30,344 
Denominator:
Weighted average shares outstanding, basic 283,923  280,077  283,295  279,577 
Dilutive effect of stock-based awards 7,254  6,175  6,959  5,846 
Weighted average shares outstanding, diluted 291,177  286,252  290,254  285,423 
Net income per share, basic $ 0.08  $ 0.06  $ 0.13  $ 0.11 
Net income per share, diluted $ 0.08  $ 0.06  $ 0.13  $ 0.11 
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 September 30, Six Months Ended September 30,
2021 2020 2021 2020
Stock options 148  2,101  159  1,572 
Unvested restricted stock and RSUs 23  24  27  30