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Stockholders' Equity | 12 Months Ended
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Mar. 31, 2024
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | Stockholders' Equity The Company is 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 stock outstanding having priority rights as to dividends. No dividends have been declared or paid on the Company's common stock through March 31, 2024. During the years ended March 31, 2024 and 2023, we repurchased shares of our common stock and recorded them as treasury stock. Our share repurchases consisted of the following:
| Year Ended March 31,
| 2024 |  | 2023
Shares repurchased pursuant to the provisions of the various employee restricted stock awards: |  |  |
Number of shares | 88,953 |  |  | 99,522 |
Average price per share | $61.92 |  | $54.92
Total amount repurchased | $5.5 million |  | $5.5 million
Shares repurchased in conjunction with our share repurchase program: |  |  |
Number of shares | 426,479 |  |  | 914,236 |
Average price per share | $58.62 |  | $54.69
Total amount repurchased | $25.0 million |  | $50.0 million

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