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Stockholders' Equity
9 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders' Equity
We are authorized to issue 250.0 million shares of common stock, $0.01 par value per share, and 5.0 million shares of preferred stock, $0.01 par value per share.  The Board of Directors may direct the issuance of the undesignated preferred stock in one or more series and determine preferences, privileges and restrictions thereof.

Each share of common stock has the right to one vote on all matters submitted to a vote of stockholders.  The holders of common stock are also entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors, subject to prior rights of holders of all classes of outstanding stock having priority rights as to dividends.  No dividends have been declared or paid on our common stock through December 31, 2019.

During the three and nine months ended December 31, 2019, we repurchased 2,481 shares and 31,018 shares, respectively, of common stock from our employees pursuant to the provisions of various employee restricted stock awards. The repurchases for the three and nine months ended December 31, 2019 were at an average price of $37.95 and $31.39 per share, respectively. During the three months ended December 31, 2018, we made no repurchases of common stock. During the nine months ended December 31, 2018, we repurchased 68,939 shares of common stock from our employees pursuant to the provisions of various employee restricted stock awards at an average price of $33.09 per share. All of the repurchased shares have been recorded as treasury stock.
During the nine months ended December 31, 2019, we also repurchased 1,622,544 shares of our common stock in conjunction with our share repurchase program. The repurchases were at an average price of $30.80 per share and totaled $50.0 million. During the nine months ended December 31, 2018, we repurchased 1,449,750 shares of our common stock in conjunction with our share repurchase program at an average price of $34.47 per share for a total of $50.0 million. All of the repurchased shares have been recorded as treasury stock.