XML 63 R42.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Earnings Per Share (Table Text Block) | 12 Months Ended
--- | ---
Mar. 31, 2024
Earnings Per Share [Abstract] |
Earnings Per Share Calculation Basic Diluted Earnings Per Share Voting Non Voting Common Stock | The calculation of basic and diluted earnings per share for the years ending March 31, 2024, 2023 and 2022 for our Voting Common Stock and Non-Voting Common Stock is as follows:
|  | For the Year Ending |
|  | March 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (In thousands, except share and per share amounts) |
Weighted average shares outstanding of Voting Common Stock |  |  | 19,607,788 |  |  |  | 19,607,788 |  |  |  | 19,607,788 |
Total weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock |  |  | 196,077,880 |  |  |  | 196,077,880 |  |  |  | 196,077,880 |
Percent of weighted average shares outstanding of Voting Common Stock |  |  | 10 | % |  |  | 10 | % |  |  | 10 | %
Net earnings available to common stockholders | $ |  | 628,707 |  | $ |  | 924,472 |  | $ |  | 1,124,362 |
Voting Common Stock dividends declared and paid |  |  | — |  |  |  | (19,608 | ) |  |  | (29,412 | )
Non-Voting Common Stock dividends declared and paid |  |  | (31,765 | ) |  |  | (14,117 | ) |  |  | — |
Undistributed earnings available to common stockholders | $ |  | 596,942 |  | $ |  | 890,747 |  | $ |  | 1,094,950 |
Undistributed earnings available to common stockholders allocated to Voting Common Stock | $ |  | 59,694 |  | $ |  | 89,075 |  | $ |  | 109,495 |
Undistributed earnings per share of Voting Common Stock | $ |  | 3.04 |  | $ |  | 4.54 |  | $ |  | 5.58 |
Dividends declared per share of Voting Common Stock | $ |  | — |  | $ |  | 1.00 |  | $ |  | 1.50 |
Basic and diluted earnings per share of Voting Common Stock | $ |  | 3.04 |  | $ |  | 5.54 |  | $ |  | 7.08 |
Weighted average shares outstanding of Non-Voting Common Stock |  |  | 176,470,092 |  |  |  | 176,470,092 |  |  |  | 176,470,092 |
Total weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock |  |  | 196,077,880 |  |  |  | 196,077,880 |  |  |  | 196,077,880 |
Percent of weighted average shares outstanding of Non-Voting Common Stock |  |  | 90 | % |  |  | 90 | % |  |  | 90 | %
Net earnings available to common stockholders | $ |  | 628,707 |  | $ |  | 924,472 |  | $ |  | 1,124,362 |
Voting Common Stock dividends declared and paid |  |  | — |  |  |  | (19,608 | ) |  |  | (29,412 | )
Non-Voting Common Stock dividends declared and paid |  |  | (31,765 | ) |  |  | (14,117 | ) |  |  | — |
Undistributed earnings available to common stockholders | $ |  | 596,942 |  | $ |  | 890,747 |  | $ |  | 1,094,950 |
Undistributed earnings available to common stockholders allocated to Non-Voting Common Stock | $ |  | 537,248 |  | $ |  | 801,672 |  | $ |  | 985,455 |
Undistributed earnings per share of Non-Voting Common Stock | $ |  | 3.04 |  | $ |  | 4.54 |  | $ |  | 5.58 |
Dividends declared per share of Non-Voting Common Stock | $ |  | 0.18 |  | $ |  | 0.08 |  | $ |  | — |
Basic and diluted earnings per share of Non-Voting Common Stock | $ |  | 3.22 |  | $ |  | 4.62 |  | $ |  | 5.58 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration