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Earnings Per Share (Tables) | 9 Months Ended
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Dec. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Reconciliation of the Income Used to Compute Basic and Diluted EPS | A reconciliation of the income used to compute basic and diluted EPS for the periods presented are as follows:
| Three Months Ended December 31, |  | Nine Months Ended December 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Numerator (1): |  |  |  |  |  |  |
Earnings for basic computations | $ | 144,431 |  |  | $ | 30,526 |  |  | $ | 473,856 |  |  | $ | 337,607 |
Earnings for diluted computations | $ | 144,433 |  |  | $ | 30,526 |  |  | $ | 473,864 |  |  | $ | 337,612 |
Denominator: |  |  |  |  |  |  |
Weighted-average common stock shares outstanding, basic | 130,121,092 |  |  | 132,224,802 |  | 130,647,687 |  |  | 132,286,243
Dilutive stock options and restricted stock | 367,958 |  | 535,075 |  | 411,067 |  |  | 545,326
Weighted-average common stock shares outstanding, diluted (2) | 130,489,050 |  |  | 132,759,877 |  | 131,058,754 |  |  | 132,831,569
Earnings per common share: |  |  |  |  |  |  |
Basic | $ | 1.11 |  |  | $ | 0.23 |  |  | $ | 3.63 |  |  | $ | 2.55 |
Diluted (2) | $ | 1.11 |  |  | $ | 0.23 |  |  | $ | 3.62 |  |  | $ | 2.54 |
(1) The difference between earnings for basic and diluted computations and net income presented on the condensed consolidated statements of operations is due to undistributed earnings and dividends allocated to the participating securities. There were approximately 1.1 million of participating securities for both the three months ended December 31, 2023 and 2022, and 1.1 million and 1.0 million shares of participating securities for the nine months ended December 31, 2023 and 2022, respectively. (2) The impact of anti-dilutive options excluded from the calculation of EPS was not material during the periods presented.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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