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BASIC AND DILUTED SHARES
6 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
BASIC AND DILUTED SHARES BASIC AND DILUTED SHARES
The reconciliation of basic to diluted weighted-average common shares outstanding was as follows:
 Three Months Ended September 30,Six Months Ended September 30,
 2024202320242023
Basic152,240,000 156,188,000 152,552,000 156,586,000 
Dilutive effect of equity awards538,000 882,000 575,000 917,000 
Diluted152,778,000 157,070,000 153,127,000 157,503,000 
Excluded
RSUs91,000 112,000 92,000 199,000 
LTIP PSUs422,000 700,000 422,000 700,000 

Excluded Awards. The equity awards excluded from the calculation of the dilutive effect have been excluded due to one of the following: (1) the shares were antidilutive; (2) the necessary conditions had not been satisfied for the shares to be deemed issuable based on the Company’s performance for the relevant performance period; or (3) the Company recorded a net loss during the period presented (such that inclusion of these equity awards in the calculation would have been antidilutive). The number of shares stated for each of these excluded awards is the maximum number of shares issuable pursuant to these awards. For those awards subject to the achievement of performance criteria, the actual number of shares to be issued pursuant to such awards will be based on Company performance in future periods, net of forfeitures, and may be materially lower than the number of shares presented, which could result in a lower dilutive effect. Refer to Note 6, “Stock-Based Compensation,” within this Quarterly Report and to Note 8, “Stock-Based Compensation,” in the Company’s consolidated financial statements in Part IV of the 2024 Annual Report for further information on the Company’s equity incentive plans.