The following table provides a reconciliation of the numerators and denominators used to calculate basic and diluted net earnings per common share as disclosed in our consolidated statements of operations for the fiscal years ended March 31, 2026, 2025 and 2024 (in thousands, except per share data):
| | | | | | | | | | | | | |
| |
| |
| |
| |
| |
| |
| |
| |
| |
Year ended March 31, |
|
| |
| |
2026 | |
| |
2025 | |
| |
2024 | |
|
Net earnings attributable to common shareholders – basic and diluted
|
| |
| |
| |
| |
| |
| |
| Continuing operations |
| $ |
124,120 | |
| $ |
76,439 | |
| $ |
97,327 | |
|
Discontinued operations
|
| |
8,516 | |
| |
28,137 | |
|
|
20,655 | |
|
Net earnings
|
| $ |
132,636 | |
| $ |
104,576 | |
| $ |
117,982 | |
| |
| |
| |
| |
| |
| |
| |
|
Basic and diluted common shares outstanding:
|
| |
| |
| |
| |
| |
| |
|
Weighted average common shares outstanding – basic
|
| |
26,234 | |
| |
26,503 | |
| |
26,610 | |
|
Effect of dilutive shares
|
| |
137 | |
| |
163 | |
| |
107 | |
|
Weighted average shares common outstanding – diluted
|
| |
26,371 | |
| |
26,666 | |
| |
26,717 | |
| |
| |
| |
| |
| |
| |
| |
|
Net earnings per common share – basic
|
| |
| |
| |
| |
| |
| |
|
Continuing operations
|
| $ |
4.73 | |
| $ |
2.88 | |
| $ |
3.66 | |
|
Discontinued operations
|
| |
0.32 | |
| |
1.06 | |
| |
0.78 | |
|
Net earnings per common share – basic
|
| $ |
5.05 | |
| $ |
3.94 | |
| $ |
4.44 | |
| |
| |
| |
| |
| |
| |
| |
|
Net earnings per common share – diluted
|
| |
| |
| |
| |
| |
| |
|
Continuing operations
|
| $ |
4.71 | |
| $ |
2.87 | |
| $ |
3.64 | |
|
Discontinued operations
|
| |
0.32 | |
| |
1.06 | |
| |
0.77 | |
|
Net earnings per common share – diluted
|
| $ |
5.03 | |
| $ |
3.93 | |
| $ |
4.41 | |
|