XML 46 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Pay vs Performance Disclosure
uSD in Thousands
 12 Months Ended
Mar. 31, 2023
USD ($)
uSD
Mar. 31, 2022
USD ($)
uSD
Mar. 31, 2021
USD ($)
uSD
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Value of Initial Fixed $100 Investment Based On:
Fiscal Year
Summary Compensation Table Total for PEO ($)(000) (1)
Compensation
Actually Paid to
PEO ($)(000) (1)(2)(3)(4)
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs ($)(000) (1)
Average
Compensation
Actually Paid
to Non-PEO
NEOs ($)(000) (1)(2)(3)(4)
BAH
Total
Shareholder
Return
($)
S&P Software & Services Select Industry Index
Total
Shareholder
Return
($)(5)
Net
Income
($)(000)
Adjusted EBITDA ($)(000) (6)
202312,18415,3863,6732,801142152271,2151,014,065
202211,8669,9383,1253,019132181466,577935,088
20218,35514,8013,1475,097119192608,958839,674
    
Company Selected Measure Name Adjusted EBITDA    
Named Executive Officers, Footnote [Text Block] Horacio D. Rozanski is our principal executive officer (PEO) for fiscal years 2021, 2022, and 2023. The individuals comprising the Non-PEO named executive officers (“NEOs”) for each year presented are listed below.
202120222023
Lloyd W. Howell, Jr.Lloyd W. Howell, Jr.Matthew A. Calderone
Karen M. DahutKaren M. DahutKristine Martin Anderson
Nancy J. LabenNancy J. LabenJudith H. Dotson
Susan L. PenfieldSusan L. PenfieldNancy J. Laben
Karen M. Dahut
Lloyd W. Howell, Jr.
    
Peer Group Issuers, Footnote [Text Block] Total stockholder return ("TSR") shown in the table above utilizes the S&P Software & Services Select Index which we use in the stock performance graph required by Item 201(e) of Regulation S-K included in the company’s consolidated audited financial statements filed with the SEC on Form 10-K for fiscal years 2021, 2022, and 2023. The comparison assumes $100 was invested for the period starting April 1, 2020 through March 31 of the applicable fiscal year in each of the company’s Common Stock and the S&P Software & Services Select Index. All dollar values assume reinvestment of the pre-tax value of dividends paid by companies included in the S&P Software & Services Select Index. The historical stock price performance of our Common Stock shown is not necessarily indicative of future stock price performance.    
PEO Total Compensation Amount $ 12,183,785 $ 11,866,337 $ 8,355,409
PEO Actually Paid Compensation Amount $ 15,385,660 9,937,722 14,800,720
Adjustment To PEO Compensation, Footnote [Text Block] CAP reflects the exclusions and inclusions of certain amounts from Summary Compensation Table total compensation for the PEO and the other NEOs as set forth below under the heading "Summary Compensation Table Total and Compensation Actually Paid Reconciliation for the PEO and non-PEOs." Equity values are calculated in accordance with FASB ASC Topic 718, Compensation — Stock Compensation. The valuation methodologies and assumptions used to calculate CAP are based on our grant date fair market value of these awards as disclosed in the company’s consolidated audited financial statements filed with the SEC on Form 10-K for the years reflected in the Summary Compensation Table Total, with the adjustments set forth below in the Compensation Actually Paid Reconciliation for the PEO and non-PEOs table.
Calculation for PEOCalculation for Average of Non-PEOs
Calculation of Compensation Actually PaidFiscal Year 2021($)Fiscal Year 2022($)Fiscal Year 2023($)Fiscal Year 2021($)Fiscal Year 2022($)Fiscal Year 2023($)
SCT Total Compensation8,355,409 11,866,337 12,183,785 3,147,477 3,124,843 3,673,046 
Less aggregate change in actuarial present value of accumulated pension benefits(10,000)(10,000)(10,000)(10,522)(10,373)(8,945)
Plus service cost and prior service cost for pension plans— — — — — — 
Less grant date fair value of stock and option awards in SCT(5,000,076)(8,500,101)(8,500,083)(1,400,071)(1,575,106)(2,201,468)
Plus fair value as of fiscal year-end of awards granted during the fiscal year that are outstanding and unvested as of the end of the fiscal year7,139,821 4,991,758 8,696,165 1,834,004 958,209 1,348,778 
Plus change in fair value (whether positive or negative) as of vesting date (from the end of the prior fiscal year) of awards granted in prior fiscal years for which all applicable vesting conditions were satisfied at fiscal year-end or during the fiscal year1,708,189 563,435 1,013,909 663,256 236,171 152,856 
Plus fair value as of vesting date of awards that are granted and vest in the same year503,796 849,237 909,567 201,506 224,761 132,315 
Plus change in fair value (whether positive or negative) as of fiscal year-end for awards granted in prior fiscal years that are outstanding and unvested as of the end of the fiscal year1,663,419 (225,765)671,013 540,681 (36,753)67,845 
Less fair value at the end of the prior fiscal year for any awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year— — — — — (416,920)
Plus dividends or other earnings paid on awards during the fiscal year prior to the vesting date that are not otherwise included in total compensation for the covered fiscal year440,162 402,820 421,304 120,661 97,072 53,521 
Compensation Actually Paid14,800,720 9,937,722 15,385,660 5,096,992 3,018,825 2,801,027 
    
Non-PEO NEO Average Total Compensation Amount $ 3,673,046 3,124,843 3,147,477
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,801,027 3,018,825 5,096,992
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Calculation for PEOCalculation for Average of Non-PEOs
Calculation of Compensation Actually PaidFiscal Year 2021($)Fiscal Year 2022($)Fiscal Year 2023($)Fiscal Year 2021($)Fiscal Year 2022($)Fiscal Year 2023($)
SCT Total Compensation8,355,409 11,866,337 12,183,785 3,147,477 3,124,843 3,673,046 
Less aggregate change in actuarial present value of accumulated pension benefits(10,000)(10,000)(10,000)(10,522)(10,373)(8,945)
Plus service cost and prior service cost for pension plans— — — — — — 
Less grant date fair value of stock and option awards in SCT(5,000,076)(8,500,101)(8,500,083)(1,400,071)(1,575,106)(2,201,468)
Plus fair value as of fiscal year-end of awards granted during the fiscal year that are outstanding and unvested as of the end of the fiscal year7,139,821 4,991,758 8,696,165 1,834,004 958,209 1,348,778 
Plus change in fair value (whether positive or negative) as of vesting date (from the end of the prior fiscal year) of awards granted in prior fiscal years for which all applicable vesting conditions were satisfied at fiscal year-end or during the fiscal year1,708,189 563,435 1,013,909 663,256 236,171 152,856 
Plus fair value as of vesting date of awards that are granted and vest in the same year503,796 849,237 909,567 201,506 224,761 132,315 
Plus change in fair value (whether positive or negative) as of fiscal year-end for awards granted in prior fiscal years that are outstanding and unvested as of the end of the fiscal year1,663,419 (225,765)671,013 540,681 (36,753)67,845 
Less fair value at the end of the prior fiscal year for any awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during the covered fiscal year— — — — — (416,920)
Plus dividends or other earnings paid on awards during the fiscal year prior to the vesting date that are not otherwise included in total compensation for the covered fiscal year440,162 402,820 421,304 120,661 97,072 53,521 
Compensation Actually Paid14,800,720 9,937,722 15,385,660 5,096,992 3,018,825 2,801,027 
    
Compensation Actually Paid vs. Total Shareholder Return [Text Block] TSR Graph.jpg    
Compensation Actually Paid vs. Net Income [Text Block] Net Income.jpg    
Compensation Actually Paid vs. Company Selected Measure [Text Block] Adjusted EBITDA.jpg    
Total Shareholder Return Vs Peer Group [Text Block] TSR Graph.jpg    
Tabular List [Table Text Block]
MetricMetric Type
Adjusted EBITDAFinancial Measure
RevenueFinancial Measure
Platform GrowthStrategic Measure
Diversity, Equity & Inclusion (DEI)Strategic Measure
    
Total Shareholder Return Amount $ 142 132 119
Peer Group Total Shareholder Return Amount 152 181 192
Net Income (Loss) $ 271,215,000 $ 466,577,000 $ 608,958,000
Company Selected Measure Amount | uSD 1,014,065 935,088 839,674
PEO Name Horacio D. Rozanski    
Additional 402(v) Disclosure [Text Block] Amounts shown for CAP are computed in accordance with Item 402(v) of Regulation S-K under the Exchange Act and do not reflect the actual amount of compensation earned by or paid to the NEOs during the applicable year. These amounts reflect total compensation as reported in the Summary Compensation Table with certain adjustments as required by Item 402(v) of Regulation S-K and described in footnote (4) below.(3)For the portion of CAP that is based on year-end stock prices, $92.69 was used for fiscal year 2023, $87.84 was used for fiscal year 2022, and $80.53 was used for fiscal year 2021.    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBITDA    
Non-GAAP Measure Description [Text Block] Pursuant to Item 402(v) of Regulation S-K, we determined annual Adjusted EBITDA to be our most important financial performance measure used to link company performance to CAP to our PEO and other NEOs in fiscal year 2023. See Appendix A to this proxy statement for a reconciliation of Adjusted EBITDA to the most directly comparable financial measure calculated and presented in accordance with GAAP. Annually, we review our established performance financial metrics to ensure they maximize stockholder value. As such, we may determine a different financial performance measure in future years.    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Revenue    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Platform Growth    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Diversity, Equity & Inclusion (DEI)    
PEO [Member] | Actuarial Present Value Of Accumulated Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (10,000) $ (10,000) $ (10,000)
PEO [Member] | Equity Awards Service Cost And Prior Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Equity Awards Grant Date Fair Value Of Stock And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (8,500,083) (8,500,101) (5,000,076)
PEO [Member] | Equity Awards Granted In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 8,696,165 4,991,758 7,139,821
PEO [Member] | Equity Awards Granted In Prior Years Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,013,909 563,435 1,708,189
PEO [Member] | Equity Awards Granted In Covered Years Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 909,567 849,237 503,796
PEO [Member] | Equity Awards Granted In Prior Years Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 671,013 (225,765) 1,663,419
PEO [Member] | Equity Awards Forfeited During The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Equity Awards Distribution In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 421,304 402,820 440,162
Non-PEO NEO [Member] | Actuarial Present Value Of Accumulated Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (8,945) (10,373) (10,522)
Non-PEO NEO [Member] | Equity Awards Service Cost And Prior Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Equity Awards Grant Date Fair Value Of Stock And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,201,468) (1,575,106) (1,400,071)
Non-PEO NEO [Member] | Equity Awards Granted In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,348,778 958,209 1,834,004
Non-PEO NEO [Member] | Equity Awards Granted In Prior Years Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 152,856 236,171 663,256
Non-PEO NEO [Member] | Equity Awards Granted In Covered Years Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 132,315 224,761 201,506
Non-PEO NEO [Member] | Equity Awards Granted In Prior Years Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 67,845 (36,753) 540,681
Non-PEO NEO [Member] | Equity Awards Forfeited During The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (416,920) 0 0
Non-PEO NEO [Member] | Equity Awards Distribution In The Covered Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 53,521 $ 97,072 $ 120,661