Shareholder's Equity |
9 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Equity [Abstract] | |
| Shareholder's Equity | Shareholders’ Equity Share Repurchase Program In May 2024, the Company announced a share repurchase program for up to $500 million of common stock, which was substantially completed as of February 9, 2026. This share repurchase program does not have a time limit, does not obligate the Company to acquire a specific number of shares, and may be suspended, modified, or terminated at any time, without prior notice. Under this program, the Company has the ability to repurchase shares from time to time on the open market, pursuant to 10b5-1 trading plans, or by other legally permissible means. For the three months ended December 31, 2025 and 2024, the Company repurchased and retired 3.5 million and 0.7 million shares of its common stock for a total of $160.0 million and $40.0 million, respectively. For the nine months ended December 31, 2025 and 2024, the Company repurchased and retired 5.4 million and 2.7 million shares of its common stock for a total of $255.0 million and $130.1 million, respectively. As of December 31, 2025, $72.3 million remained available for future repurchases. On February 9, 2026, the Company announced that its Board of Directors (the “Board”) authorized a new share repurchase program for up to $1 billion of common stock. The $1 billion share repurchase program does not have a time limit, does not obligate the Company to acquire a specified number of shares, and may be suspended, modified, or terminated at any time, without prior notice.
|