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Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance (shares) at Mar. 31, 2018   158,028,673 (14,582,134)      
Beginning of period at Mar. 31, 2018 $ 562,491 $ 1,580 $ (461,457) $ 346,958 $ 690,516 $ (15,106)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (shares)   489,385        
Issuance of common stock 8,104 $ 6   8,098    
Stock options exercised (shares)   755,294        
Stock options exercised 9,371 $ 7   9,364    
Repurchase of common stock (shares)   (3,600,000) (3,719,344) [1]      
Repurchase of common stock (172,267) [1] $ (168,400) $ (172,267) [1]      
Net income 328,954       328,954  
Other comprehensive income (loss), net of tax (2,822)         (2,822)
Dividends paid per common share (81,807)       (81,807)  
Stock-based compensation expense 23,231     23,231    
Ending balance (shares) at Dec. 31, 2018   159,273,352 (18,301,478)      
End of period at Dec. 31, 2018 675,255 $ 1,593 $ (633,724) 387,651 937,663 (17,928)
Beginning balance (shares) at Sep. 30, 2018   159,124,212 (16,573,433)      
Beginning of period at Sep. 30, 2018 646,340 $ 1,591 $ (550,688) 373,980 832,774 (11,317)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (shares)   72,019        
Issuance of common stock 2,877 $ 1   2,876    
Stock options exercised (shares)   77,121        
Stock options exercised 830 $ 1   829    
Repurchase of common stock (shares)     (1,728,045)      
Repurchase of common stock (83,036)   $ (83,036)      
Net income 132,037       132,037  
Other comprehensive income (loss), net of tax (6,611)         (6,611)
Dividends paid per common share (27,148)       (27,148)  
Stock-based compensation expense 9,966     9,966    
Ending balance (shares) at Dec. 31, 2018   159,273,352 (18,301,478)      
End of period at Dec. 31, 2018 675,255 $ 1,593 $ (633,724) 387,651 937,663 (17,928)
Beginning balance (shares) at Mar. 31, 2019   159,924,825 (19,896,972)      
Beginning of period at Mar. 31, 2019 675,366 $ 1,599 $ (711,450) 401,596 994,811 (11,190)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (shares)   305,782        
Issuance of common stock 10,843 $ 3   10,840    
Stock options exercised (shares)   428,174        
Stock options exercised 7,440 $ 4   7,436    
Repurchase of common stock (shares)   (400,000) (443,763) [2]      
Repurchase of common stock (30,885) [2] $ (28,400) $ (30,885) [2]      
Recognition of liability related to future restricted stock units vesting (350)     (350)    
Net income 343,737       343,737  
Other comprehensive income (loss), net of tax (14,967)         (14,967)
Dividends paid per common share (102,943)       (102,943)  
Stock-based compensation expense 26,796     26,796    
Ending balance (shares) at Dec. 31, 2019   160,658,781 (20,340,735)      
End of period at Dec. 31, 2019 915,037 $ 1,606 $ (742,335) 446,318 1,235,605 (26,157)
Beginning balance (shares) at Sep. 30, 2019   160,400,357 (20,026,907)      
Beginning of period at Sep. 30, 2019 840,183 $ 1,604 $ (719,793) 427,817 1,161,674 (31,119)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock (shares)   59,549        
Issuance of common stock 3,794 $ 0   3,794    
Stock options exercised (shares)   198,875        
Stock options exercised 3,753 $ 2   3,751    
Repurchase of common stock (shares) [1]     (313,828)      
Repurchase of common stock [1] (22,542)   $ (22,542)      
Recognition of liability related to future restricted stock units vesting (32)     (32)    
Net income 112,026       112,026  
Other comprehensive income (loss), net of tax 4,962         4,962
Dividends paid per common share (38,095)       (38,095)  
Stock-based compensation expense 10,988     10,988    
Ending balance (shares) at Dec. 31, 2019   160,658,781 (20,340,735)      
End of period at Dec. 31, 2019 $ 915,037 $ 1,606 $ (742,335) $ 446,318 $ 1,235,605 $ (26,157)
[1] During the nine months ended December 31, 2018, the Company purchased 3.6 million shares of the Company’s Class A Common Stock in a series of open market transactions for $168.4 million. Additionally, the Company repurchased shares during the first quarter of fiscal 2019 to cover the minimum statutory withholding taxes on restricted stock units that vested on June 30, 2018.
[2] During the nine months ended December 31, 2019, the Company purchased 0.4 million shares of the Company’s Class A Common Stock in a series of open market transactions for $28.4 million. Additionally, the Company repurchased shares during the first, second, and third quarters of fiscal 2020 to cover the minimum statutory withholding taxes on restricted stock units that vested on various dates during the period.