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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Common Stock
Class A Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-Controlling Interest
Beginning of period (in shares) at Mar. 31, 2021     162,950,606          
Beginning of period at Mar. 31, 2021 $ 1,071,176   $ 1,629 $ (1,216,163) $ 557,957 $ 1,757,524 $ (29,771) $ 0
Beginning of period (in shares) at Mar. 31, 2021       (26,704,577)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)     637,766          
Issuance of common stock 16,037   $ 7   16,030      
Stock options exercised (in shares)     133,594          
Stock options exercised 3,558   $ 1   3,557      
Repurchase of common stock (in shares)   (3,400,000)   (3,590,097) [1]        
Repurchase of common stock (299,740) [1] $ (286,300)   $ (299,740) [1]        
Recognition of liability related to future restricted stock units vesting 1,213       1,213      
Net income 375,782         375,867   (85)
Other comprehensive income, net of tax 12,717           12,717  
Dividends declared (151,676)         (151,676)    
Stock-based compensation expense 45,187       45,187      
Contribution to non-controlling interest 0       (3,312)     3,312
End of period (in shares) at Dec. 31, 2021     163,721,966          
End of period at Dec. 31, 2021 1,074,254   $ 1,637 $ (1,515,903) 620,632 1,981,715 (17,054) 3,227
End of period (in shares) at Dec. 31, 2021       (30,294,674)        
Beginning of period (in shares) at Sep. 30, 2021     163,627,651          
Beginning of period at Sep. 30, 2021 1,048,098   $ 1,636 $ (1,433,136) 600,930 1,902,667 (23,999) 0
Beginning of period (in shares) at Sep. 30, 2021       (29,302,541)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)     79,085          
Issuance of common stock 5,714   $ 1   5,713      
Stock options exercised (in shares)     15,230          
Stock options exercised 542       542      
Repurchase of common stock (in shares)       (992,133)        
Repurchase of common stock (82,767)     $ (82,767)        
Recognition of liability related to future restricted stock units vesting 0              
Net income 128,846         128,931   (85)
Other comprehensive income, net of tax 6,945           6,945  
Dividends declared (49,883)         (49,883)    
Stock-based compensation expense 16,759       16,759      
Contribution to non-controlling interest 0       (3,312)     3,312
End of period (in shares) at Dec. 31, 2021     163,721,966          
End of period at Dec. 31, 2021 $ 1,074,254   $ 1,637 $ (1,515,903) 620,632 1,981,715 (17,054) 3,227
End of period (in shares) at Dec. 31, 2021       (30,294,674)        
Beginning of period (in shares) at Mar. 31, 2022 132,584,348   164,372,545          
Beginning of period at Mar. 31, 2022 $ 1,046,721   $ 1,646 $ (1,635,454) 656,222 2,015,071 8,585 651
Beginning of period (in shares) at Mar. 31, 2022 (31,788,197)     (31,788,197)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)     590,027          
Issuance of common stock $ 18,003   $ 4   17,999      
Stock options exercised (in shares)     300,276          
Stock options exercised 10,705   $ 3   10,702      
Repurchase of common stock (in shares)   (1,000,000)   (1,118,816) [2]        
Repurchase of common stock (98,236) [2] $ (86,400)   $ (98,236) [2]        
Net income 339,563         340,213   (650)
Other comprehensive income, net of tax 13,494           13,494  
Dividends declared (172,669)         (172,669)    
Stock-based compensation expense 50,992       50,992      
Contribution to non-controlling interest 0       (2,893)     2,893
De-consolidation of non-controlling interest $ (2,894)             (2,894)
End of period (in shares) at Dec. 31, 2022 132,355,835   165,262,848          
End of period at Dec. 31, 2022 $ 1,205,679   $ 1,653 $ (1,733,690) 733,022 2,182,615 22,079 0
End of period (in shares) at Dec. 31, 2022 (32,907,013)     (32,907,013)        
Beginning of period (in shares) at Sep. 30, 2022     165,110,617          
Beginning of period at Sep. 30, 2022 $ 1,218,535   $ 1,651 $ (1,722,881) 706,620 2,208,952 22,141 2,052
Beginning of period (in shares) at Sep. 30, 2022       (32,795,658)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock (in shares)     86,802          
Issuance of common stock 5,951       5,951      
Stock options exercised (in shares)     65,429          
Stock options exercised 2,713   $ 2   2,711      
Repurchase of common stock (in shares)       (111,355)        
Repurchase of common stock (10,809)     $ (10,809)        
Net income 30,689         30,997   (308)
Other comprehensive income, net of tax (62)           (62)  
Dividends declared (57,334)         (57,334)    
Stock-based compensation expense 18,890       18,890      
Contribution to non-controlling interest 0       (1,150)     1,150
De-consolidation of non-controlling interest $ (2,894)             (2,894)
End of period (in shares) at Dec. 31, 2022 132,355,835   165,262,848          
End of period at Dec. 31, 2022 $ 1,205,679   $ 1,653 $ (1,733,690) $ 733,022 $ 2,182,615 $ 22,079 $ 0
End of period (in shares) at Dec. 31, 2022 (32,907,013)     (32,907,013)        
[1] During the nine months ended December 31, 2021, the Company purchased 3.4 million shares of the Company’s Class A Common Stock in a series of open market transactions for $286.3 million. Additionally, the Company repurchased shares for $13.4 million during the nine months ended December 31, 2021 to cover the minimum statutory withholding taxes on restricted stock units that vested on various dates during the period.
[2] During the nine months ended December 31, 2022, the Company purchased 1.0 million shares of the Company’s Class A Common Stock in a series of open market transactions for $86.4 million. Additionally, the Company repurchased shares for $11.8 million during the nine months ended December 31, 2022 to cover the minimum statutory withholding taxes on restricted stock units that vested on various dates during the period.