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Net Income Per Share and Stockholders' Equity
3 Months Ended
Jun. 30, 2026
Net Income Per Share And Stockholders Equity [Abstract]  
Net Income Per Share and Stockholders' Equity NET INCOME PER SHARE AND STOCKHOLDERS' EQUITY
Net Income per Share - The following table presents information necessary to calculate net income per share for the periods presented, as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive:
Three Months Ended June 30,
(In thousands, except per share data)20262025
NET INCOME PER SHARE—BASIC:
Net income from continuing operations available to common stockholders
$174,174 $143,922 
Net loss from discontinued operations, net of tax(5,653)— 
Net income attributable to common stockholders168,521 143,922 
Weighted average number of common shares outstanding – Basic
76,526 77,641 
Net income from continuing operations available to common stockholders per common share - Basic$2.28 $1.85 
Net loss from discontinued operations per common share - Basic$(0.07)$— 
Net income per common share – Basic$2.20 $1.85 
NET INCOME PER SHARE—DILUTED:
Net income from continuing operations available to common stockholders
$174,174 $143,922 
Net loss from discontinued operations, net of tax(5,653)— 
Net income attributable to common stockholders168,521 143,922 
Weighted average number of common shares outstanding – Basic
76,526 77,641 
Assumed restricted stock77 44 
Assumed exercise of stock options381 385 
Assumed performance-based restricted stock units40 52 
Weighted average number of common shares outstanding – Diluted
77,02478,122
Net income from continuing operations available to common stockholders per common share - Diluted$2.26 $1.84 
Net loss from discontinued operations per common share - Diluted$(0.07)$— 
Net income per common share – Diluted$2.19 $1.84 
Potentially dilutive securities excluded as anti-dilutive
33 21 
Stockholders’ Equity – During the three months ended June 30, 2026, the Company repurchased 1.6 million shares of common stock at a cost of $228.5 million. The repurchases were made under the Board of Directors’ authorization in February 2026 to repurchase up to an additional $1.0 billion of ADS Common Stock in accordance with applicable securities laws. As of June 30, 2026, approximately $822.5 million of common stock may be repurchased under the authorization. The repurchase program does not obligate the Company to acquire any particular amount of common stock and may be suspended or terminated at any time at the Company’s discretion.