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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Reconciliation of the income used to compute basic and diluted EPS
A reconciliation of the income used to compute basic and diluted EPS for the periods presented are as follows:
 
 
Three Months Ended
December 31,
 
Nine Months Ended
December 31,
 
2014
 
2013
 
2014
 
2013
Earnings for basic computations (1)
$
52,010

 
$
45,689

 
$
186,275

 
$
183,605

Weighted-average Class A Common Stock outstanding
146,664,977

 
140,948,396

 
144,482,223

 
138,540,878

Weighted-average Class B Non-Voting Common Stock outstanding
0

 
947,259

 
293,071

 
1,087,755

Weighted-average Class C Restricted Common Stock outstanding
0

 
968,405

 
504,112

 
1,042,537

Total weighted-average common shares outstanding for basic computations
146,664,977

 
142,864,060

 
145,279,406

 
140,671,170

Earnings for diluted computations (1)
$
52,025

 
$
45,689

 
$
186,275

 
$
183,605

Dilutive stock options and restricted stock
4,014,108

 
5,971,223

 
4,960,430

 
7,494,020

Average number of common shares outstanding for diluted computations
150,679,085

 
148,835,283

 
150,239,836

 
148,165,190

Earnings per common share
 
 
 
 
 
 
 
Basic
$
0.35

 
$
0.32

 
$
1.28

 
$
1.31

Diluted
$
0.35

 
$
0.31

 
$
1.24

 
$
1.24

(1) During the three months ended December 31, 2014 and 2013, approximately 2.2 million and 1.3 million participating securities were paid dividends totaling $250,000 and $1.5 million, respectively. During the nine months ended December 31, 2014 and 2013, approximately 2.2 million and 1.3 million participating securities were paid dividends totaling $2.9 million and $1.7 million, respectively. For the three months ended December 31, 2014 there were undistributed earnings of $550,000 and $540,000 allocated to the participating class of securities in basic and diluted earnings per share, respectively. The allocated undistributed earnings and the dividends paid comprise the difference between net income presented on the condensed consolidated statements of operations for the three months ended December 31, 2014 and earnings for basic computations, while only the dividends paid comprise the difference in net income for the three months ended December 31, 2013, and nine months ended December 31, 2014 and 2013 as there were no undistributed earnings