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BASIC AND DILUTED SHARES
9 Months Ended
Dec. 31, 2025
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 December 31,Nine Months Ended December 31,
 2025202420252024
Basic144,076,000 151,820,000 146,929,000 152,307,000 
Dilutive effect of equity awards213,000 566,000 273,000 617,000 
Diluted144,289,000 152,386,000 147,202,000 152,924,000 
Excluded
RSUs158,000 — 73,000 16,000 
LTIP PSUs350,000 272,000 350,000 292,000 
Deferred Non-Employee Director Equity Awards7,000 1,000 7,000 1,000 
Employee Stock Purchase Plan5,000 3,000 3,000 — 
Excluded Awards. The equity awards excluded from the calculation of the dilutive effect may be excluded due to one of the following: (1) the shares were antidilutive or (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. 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 8, “Stock-Based Compensation,” in the Company’s consolidated financial statements in Part IV of the 2025 Annual Report for further information on the Company’s equity incentive plans.