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Shareholders' Equity
 3 Months Ended
Jun. 30, 2020
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders’ Equity

Share Repurchase Program

In March 2017, the Company's Board of Directors approved the 2017 share buyback program, which authorized the Company to use up to $250.0 million to purchase up to 17.3 million shares of its own shares. This share buyback program expired in April 2020. The Company did not repurchase any of its registered shares during the three months ended June 30, 2020.

In May 2020, the Company's Board of Directors approved the 2020 share buyback program, which authorized the Company to use up to $250.0 million to purchase up to 17.3 million of its own shares. The new program will, upon implementation, replace the Company’s prior 2017 share buyback program. The Company's share buyback program is expected to remain in effect for a period of three years from its implementation. Shares may be repurchased from time to time on the open market, through block trades or otherwise. Purchases may be started or stopped at any time without prior notice depending on market conditions and other factors.

Accumulated Other Comprehensive Income (Loss)
 
The accumulated other comprehensive income (loss) was as follows (in thousands):
 
 
Accumulated Other Comprehensive Income (Loss)
 
 
Cumulative
Translation
Adjustment
 
Defined
Benefit
Plan
 
Deferred Hedging Losses
 
Total
March 31, 2020
 
$
(100,418
)
 
$
(20,016
)
 
$
(226
)
 
$
(120,660
)
Other comprehensive income (loss)
 
1,239

 
1,147

 
(2,697
)
 
(311
)
June 30, 2020
 
$
(99,179
)
 
$
(18,869
)
 
$
(2,923
)
 
$
(120,971
)