v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Convertible Common Stock
Class C Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Convertible Common Stock
Common Stock
Class C Common Stock
Additional Paid-in-Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Mar. 31, 2023         188,705,000 34,450,000 221,347,000      
Beginning balance at Mar. 31, 2023 $ 1,966,147       $ 63 $ 11 $ 73 $ 1,136,536 $ 897,306 $ (67,842)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements (in shares)             (807,000)      
Shares withheld for employee tax obligations on stock-based compensation arrangements (6,163)               (6,163)  
Excise tax on repurchases of common stock (650)             (650)    
Class C Common Stock repurchased (in shares)             (10,685,000)      
Class C Common Stock repurchased (75,000)           $ (3) (223) (74,774)  
Issuance of common stock, net of forfeitures (in shares)         97,000   2,856,000      
Issuance of Class C Common Stock, net of forfeitures 3,193             3,193    
Stock-based compensation expense 42,998             42,998    
Comprehensive income (loss) 222,761               232,042 (9,281)
Ending balance (in shares) at Mar. 31, 2024         188,802,000 34,450,000 212,711,000      
Ending balance at Mar. 31, 2024 2,153,286       $ 63 $ 11 $ 70 1,181,854 1,048,411 (77,123)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements (in shares)             (1,425,000)      
Shares withheld for employee tax obligations on stock-based compensation arrangements (9,686)               (9,686)  
Excise tax on repurchases of common stock (708)             (708)    
Class C Common Stock repurchased (in shares)             (12,776,000)      
Class C Common Stock repurchased (90,000)           $ (4) 1,185 (91,181)  
Issuance of common stock, net of forfeitures (in shares)         21,000   4,211,000      
Issuance of Class C Common Stock, net of forfeitures 2,494           $ 1 2,493    
Stock-based compensation expense 52,974             52,974    
Comprehensive income (loss) (218,082)               (201,267) (16,815)
Ending balance (in shares) at Mar. 31, 2025   188,822,726 34,450,000 202,720,745 188,823,000 34,450,000 202,721,000      
Ending balance at Mar. 31, 2025 1,890,278       $ 63 $ 11 $ 67 1,237,798 746,277 (93,938)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements (in shares)             (1,386,000)      
Shares withheld for employee tax obligations on stock-based compensation arrangements (8,284)               (8,284)  
Excise tax on repurchases of common stock (114)             (114)    
Class C Common Stock repurchased (in shares)             (5,176,000)      
Class C Common Stock repurchased (25,000)           $ (2)   (24,998)  
Issuance of common stock, net of forfeitures (in shares)         17,000   6,768,000      
Issuance of Class C Common Stock, net of forfeitures 2,190           $ 2 2,188    
Reclass of equity award to liability (7,068)             (7,068)    
Stock-based compensation expense 45,625             45,625    
Comprehensive income (loss) (483,267)               (495,643) 12,376
Ending balance (in shares) at Mar. 31, 2026   188,839,506 34,450,000 202,927,051 188,840,000 34,450,000 202,927,000      
Ending balance at Mar. 31, 2026 $ 1,414,360       $ 63 $ 11 $ 67 $ 1,278,429 $ 217,352 $ (81,562)