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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest
Beginning of period (shares) at Mar. 31, 2021   162,950,606          
Treasury stock, beginning of period (shares) at Mar. 31, 2021     (26,704,577)        
Beginning of period at Mar. 31, 2021 $ 1,071,176 $ 1,629 $ (1,216,163) $ 557,957 $ 1,757,524 $ (29,771)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (shares)   458,943          
Issuance of common stock 4,679 $ 5   4,674      
Stock options exercised (shares)   55,205          
Stock options exercised 1,794 $ 1   1,793      
Repurchase of common stock (shares) [1]     (1,330,820)        
Repurchase of common stock [1] (111,438)   $ (111,438)        
Recognition of liability related to future restricted stock units vesting 360     360      
Net income 92,102       92,102    
Other comprehensive income, net of tax 3,013         3,013  
Dividends paid per share of common stock (50,597)       (50,597)    
Stock-based compensation expense 12,444     12,444      
End of period (shares) at Jun. 30, 2021   163,464,754          
Treasury stock, end of period (shares) at Jun. 30, 2021     (28,035,397)        
End of period at Jun. 30, 2021 $ 1,023,533 $ 1,635 $ (1,327,601) 577,228 1,799,029 (26,758)  
Beginning of period (shares) at Mar. 31, 2022 132,584,348 164,372,545          
Treasury stock, beginning of period (shares) at Mar. 31, 2022 31,788,197   (31,788,197)        
Beginning of period at Mar. 31, 2022 $ 1,046,721 $ 1,646 $ (1,635,454) 656,222 2,015,071 8,585 $ 651
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (shares)   385,009          
Issuance of common stock 6,081 $ 3   6,078      
Stock options exercised (shares)   143,325          
Stock options exercised 4,596 $ 1   4,595      
Repurchase of common stock (shares) [2]     (689,304)        
Repurchase of common stock [2] (57,558)   $ (57,558)        
Recognition of liability related to future restricted stock units vesting 0            
Net income 138,093       138,284   (191)
Other comprehensive income, net of tax 5,757         5,757  
Dividends paid per share of common stock (58,262)       (58,262)    
Stock-based compensation expense 13,696     13,696      
Contribution to non-controlling interest $ 0     (959)     959
End of period (shares) at Jun. 30, 2022 132,423,378 164,900,879          
Treasury stock, end of period (shares) at Jun. 30, 2022 32,477,501   (32,477,501)        
End of period at Jun. 30, 2022 $ 1,099,124 $ 1,650 $ (1,693,012) $ 679,632 $ 2,095,093 $ 14,342 $ 1,419
[1] During the three months ended June 30, 2021, the Company purchased 1.2 million shares of the Company’s Class A Common Stock in a series of open market transactions for $98.2 million. Additionally, the Company repurchased shares for $13.3 million during the three months ended June 30, 2021 to cover the minimum statutory withholding taxes on restricted stock units that vested on various dates during the period.
[2] During the three months ended June 30, 2022, the Company purchased 0.6 million shares of the Company’s Class A Common Stock in a series of open market transactions for $46.9 million. Additionally, the Company repurchased shares for $10.6 million during the three months ended June 30, 2022 to cover the minimum statutory withholding taxes on restricted stock units that vested on various dates during the period.