v3.26.1
Stock Compensation (Tables)
12 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Restricted Stock and Restricted Stock Units Activity
A summary of non-vested restricted stock activity for the year ended March 31, 2026 is as follows:
Restricted
Stock
Weighted
Average
Grant Day
Fair Value
Non-vested restricted stock outstanding at March 31, 2025269,799 $41.47 
Granted153,001 26.45 
Vested(175,016)41.99 
Forfeited(52,132)38.21 
Non-vested restricted stock outstanding at March 31, 2026195,652 $30.12 
Schedule of Restricted Stock Activity
The following table reflects activity related to the Company’s restricted stock for the years ended March 31, 2026 and 2025:
20262025
Weighted-average grant-date fair value per unit granted$26.45 $34.30 
Fair value of restricted stock units vested (in thousands) $7,348 $9,951 
Summary of Stock Option Activity
A summary of Stock Option activity for the year ended March 31, 2026 is as follows:
OptionsWeighted Average Exercise Price Weighted Average Contractual TermAggregate Intrinsic Value
Options outstanding at March 31, 20251,665,765 $38.31 
Options granted488,116 38.59 
Options exercised(189,972)28.71 
Options forfeited/expired/cancelled(319,703)39.18 
Options outstanding at March 31, 20261,644,206 $38.79 6.08$4,283,583 
Exercisable at March 31, 2026885,696 $43.27 3.76$1,749,508 
Total vested or expected to vest at March 31, 20261,643,064 $38.79 6.08$4,283,583 
Summary of Assumptions used to Calculate Fair Value of Options
The following assumptions were used to calculate the fair value of stock options:
Year EndedYear Ended
March 31, 2026March 31, 2025
Risk-free interest rate
3.74% to 4.53%
3.72% to 4.43%
Dividend yield—%—%
Volatility
48.52% to 48.68%
47.11% to 48.33%
Expected term
5.42 years to 6.21 years
5.79 years to 6.21 years
Forfeiture rate
—% to 6%
—% to 4%
Weighted-average grant-date fair value per option granted$38.59 $31.31 
Summary of Performance Stock Options
A summary of the Performance-Based Stock Options for the year ended March 31, 2026 is as follows:
Performance OptionsWeighted Average Exercise Price
Performance Options outstanding at March 31, 2025156,706 $38.07 
Performance Options granted— — 
Performance Options exercised— — 
Performance Options forfeited/expired/cancelled(125,975)38.66 
Performance Options outstanding at March 31, 202630,731 $35.66 
Summary of Assumptions used to Calculate Fair Value of Performance-Based Restricted Units
The following assumptions were used to calculate the grant date fair value of performance-based stock options with market price condition using the Monte Carlo simulation model:
October 4, 2024
Risk-free interest rate3.83%
Dividend yield—%
Volatility48.42%
Expected term6.5 years
Forfeiture rate—%
Summary of Share Repurchase Activity
The following table presents the share repurchase activity for Fiscal 2026 and Fiscal 2025 (in thousands, except per share data):

For the years ended March 31,
20262025
Number of shares repurchased and retired43 245 
Average price paid per share*$22.94 $33.71 
Total cost to repurchase$990 $8,398 
* Average price paid per share includes costs associated with the repurchases, excluding excise taxes associated with the share repurchases.