Dinosaurs, in fact, never went "extinct". They simply came to be known as the birds of today- the avian dinosaurs. They had evolved to try to again take over the top predator niche with the terror birds, but that failed. They didn't return. read more
In case you're asking why dinosaurs didn't evolve back into their massive dino-sizes, it's because the environment didn't allow them to. After the mass extinction event (The massive meteor) wiped out most of the dinosaurs, not all the dinosaurs were killed by the impact, what did kill them almost entirely was a 'Nuclear Winter'. read more