Quarterly report pursuant to Section 13 or 15(d)

Net Income/(Loss) per Common Share (Tables)

v3.22.0.1
Net Income/(Loss) per Common Share (Tables)
9 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of reconciliation of the denominators used to calculate basic EPS and diluted EPS The reconciliations of the denominators used to calculate basic and diluted net income/(loss) per common share for the three and nine months ended December 31, 2021 and 2020, respectively, are as follows:
 Three Months Ended December 31, 2021  Three Months Ended December 31, 2020 Nine Months Ended December 31, 2021 Nine Months Ended December 31, 2020
Basic net income/(loss) per common share    
Net income/(loss) $ 11,270  $ 6,175  $ 11,407  $ 1,928 
Weighted-average common shares outstanding 33,340,000  33,180,562  33,292,614  33,110,877 
Basic net income/(loss) per common share $ 0.34  $ 0.19  $ 0.34  $ 0.06 

Three Months Ended December 31, 2021 Three Months Ended December 31, 2020 Nine Months Ended December 31, 2021 Nine Months Ended December 31, 2020
Diluted net income/(loss) per common share    
Net income/(loss) $ 11,270  $ 6,175  $ 11,407  $ 1,928 
Weighted-average common shares outstanding 33,340,000  33,180,562  33,292,614  33,110,877 
Common share equivalents:
Stock options 271  2,733  1,660  21,155 
Restricted and performance stock units 317,833  236,278  187,690  102,325 
Weighted average shares outstanding – dilutive (1)
33,658,104  33,419,573  33,481,964  33,234,357 
Diluted net income/(loss) per common share $ 0.33  $ 0.18  $ 0.34  $ 0.06 
(1) For the three and nine months ended December 31, 2021, 45,099 and 139,843 equity awards, respectively, were not included in the calculation of diluted net income/(loss) per common share, as they would have had an anti-dilutive effect. For the three and nine months ended December 31, 2020, 250,668 and 246,005 equity awards respectively, were not included in the calculation of diluted net income/(loss) per common share, as they would have had an anti-dilutive effect.