v3.26.1
Stock-based compensation (Tables)
 12 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity and Related Information
The following table summarizes the activity for options that vest solely based upon the satisfaction of a service condition as follows:
 Options
outstanding		Weighted-average exercise priceWeighted-average remaining
contractual life
(in years)
Aggregate intrinsic
values
(in thousands) (1)
Balance as of March 31, 20231,024,490 $16.17 
Exercised(347,590)14.47 
Canceled or forfeited(2,900)26.84 
Balance as of March 31, 2024674,000 $17.01 3.3$120,660 
Exercised(68,334)13.95 
Balance as of March 31, 2025605,666 $17.35 2.3$27,519 
Exercised(271,752)16.26 
Balance as of March 31, 2026333,914 $18.24 1.9$14,146 
Exercisable, March 31, 2026333,914 $18.24 1.9$14,146 
(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the Company's closing stock price of $60.61, as reported on the New York Stock Exchange on March 31, 2026.
The following table summarizes the activity for options that vest based upon the satisfaction of performance or market conditions as follows:
Options
outstanding		Weighted-average exercise price Weighted-average remaining
contractual life
(in years)
Aggregate intrinsic
values
(in thousands) (1)
Balance as of March 31, 2023517,740 $14.46 
Exercised(256,440)1.84 
Balance as of March 31, 2024261,300 $26.84 2.9$44,209 
Exercised— — 
Balance as of March 31, 2025261,300 $26.84 1.9$9,394 
Exercised(48,300)26.84   
Balance as of March 31, 2026213,000 $26.84 0.9$7,193 
Exercisable, March 31, 2026213,000 $26.84 0.9$7,193 
(1) The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying awards and the Company's closing stock price of $60.61, as reported on the New York Stock Exchange on March 31, 2026.
Schedule of Additional Information Relating to Stock Options Activity
Additional information relating to service-based options is as follows (in thousands):
Fiscal year ended March 31,
 202620252024
Stock-based compensation expense$37 $74 $147 
Intrinsic value of options exercised 30,010 9,314 45,542 
Additional information relating to options that vest based upon the satisfaction of performance or market conditions is as follows (in thousands):
Fiscal year ended March 31,
202620252024
Intrinsic value of options exercised$5,291 $— $27,718 
Schedule of Activities for Restricted Stock Awards ("RSAs") and Restricted Stock Units ("RSUs")
The following table summarizes the activities for restricted stock awards (“RSAs”) and restricted stock units (“RSUs”), including performance-based RSUs, as follows:
 Shares of restricted stock outstandingWeighted-average grant date fair value
Balance as of March 31, 20232,128,773 $25.94 
Granted526,280 111.41 
Vested(649,592)24.57 
Canceled or forfeited(62,594)51.75 
Balance as of March 31, 20241,942,867 $48.67 
Granted642,615 130.34 
Vested(963,266)39.17 
Canceled or forfeited(68,494)102.03 
Balance as of March 31, 20251,553,722 $85.98 
Granted1,174,451 88.64 
Vested(1,083,297)45.41 
Canceled or forfeited(123,219)109.64 
Balance as of March 31, 20261,521,657 $115.02 
Schedule of Additional Information Related to RSAs and RSUs Additional information relating to RSAs and RSUs (including performance-based RSUs), is as follows (in thousands):
Fiscal year ended March 31,
 202620252024
Stock-based compensation expense:
Cost of sales$12 $54 $16 
Selling, general and administrative expense86,907 71,732 40,462 
Total$86,919 $71,786 $40,478 
Intrinsic value of restricted stock released$86,138 $170,037 $73,124