SHARE REPURCHASE PROGRAM

12 Months Ended

Mar. 31, 2020

Equity [Abstract]

SHARE REPURCHASE PROGRAM

SHARE REPURCHASE PROGRAM

        Our Board of Directors has authorized the repurchase of up to 14,218 shares of our common stock. Under this program, we may purchase shares from time to time through a variety of methods, including in the open market or through privately negotiated transactions, in accordance with applicable securities laws. Repurchases are subject to the availability of stock, prevailing market conditions, the trading price of the stock, our financial performance and other conditions. The program does not require us to repurchase shares and may be suspended or discontinued at any time for any reason.

        During the fiscal years ended March 31, 2020, 2019, and 2018 we repurchased 0, 3,716, and 1,513 shares of our common stock in the open market, respectively, for $0, $362,429, and $154,808, respectively, including commissions of $0, $37 and $16, respectively as part of the program. As of March 31, 2020, we had repurchased a total of 10,400 shares of our common stock under the program, and 3,818 shares of our common stock remained available for repurchase under the share repurchase program.

        All of the repurchased shares are classified as Treasury stock in our Consolidated Balance Sheets.