v3.24.1.1.u2
(LOSS) EARNINGS PER SHARE ("EPS")
12 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE ("EPS") (LOSS) EARNINGS PER SHARE ("EPS")
    The following table sets forth the computation of basic and diluted (loss) earnings per share:
 Fiscal Year Ended March 31,
202420232022
Computation of Basic (loss) earnings per share:   
Net (loss) income$(3,744.2)$(1,124.7)$418.0 
Weighted average common shares outstanding—basic170.1 159.9 115.5 
Basic (loss) earnings per share(22.01)(7.03)3.62 
Computation of Diluted (loss) earnings per share:   
Net (loss) income$(3,744.2)$(1,124.7)$418.0 
Weighted average common shares outstanding—basic170.1 159.9 115.5 
Add: dilutive effect of common stock equivalents — 1.3 
Weighted average common shares outstanding—diluted170.1 159.9 116.8 
Diluted (loss) earnings per share$(22.01)$(7.03)$3.58 
We incurred a net loss for the fiscal year ended March 31, 2024 and 2023; therefore, the diluted weighted average shares outstanding exclude the effect of unvested common stock equivalents because their effect would be antidilutive. For the fiscal year ended March 31, 2024, we had 2.4 potentially dilutive shares from share-based awards and 0.2 of shares from Convertible Notes that are excluded due to the net loss for the period.