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BASIC AND DILUTED SHARES
3 Months Ended
Jun. 30, 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 June 30,
 20252024
Basic149,344,000 152,867,000 
Dilutive effect of equity awards291,000 616,000 
Diluted149,635,000 153,483,000 
Excluded
Time-Based Restricted Stock Units60,000 3,000 
Long-Term Incentive Plan Performance-Based Restricted Stock Units155,000 290,000 
Deferred Non-Employee Director Equity Awards5,000 1,000 
Employee Stock Purchase Plan4,000 1,000 
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.