STOCKHOLDERS’ EQUITY |
3 Months Ended |
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Jun. 30, 2026 | |
| STOCKHOLDERS’ EQUITY [Abstract] | |
| STOCKHOLDERS’ EQUITY |
10. STOCKHOLDERS’ EQUITY
Share Repurchase Plan
On August 7, 2025, our Board of Directors (“Board”) authorized the repurchase of up to 1,500,000 shares of our outstanding common stock, over a 12-month period beginning August 11, 2025. Previously, on May 18, 2024, our Board authorized the repurchase of up to 1,250,000 shares of our outstanding common stock over a 12-month period that began on May 28, 2024 and terminated on May 27, 2025. Under each authorized share repurchase program, when such program is in place, we may make purchases from time to time in the open market, or in privately negotiated transactions, subject to availability and the plan terms. Any repurchased shares have the status of treasury shares and may be used, when needed, for general corporate purposes. During the three months ended June 30, 2026, we purchased 251,287 shares of our outstanding common stock at a value of $20.8 million under the share repurchase plan; we also purchased 52,927 shares of common stock at a value of $4.4 million to satisfy tax withholding obligations relating to the vesting of employees’ restricted stock awards and performance stock units. During the three months ended June 30, 2025, we repurchased 47,488 shares of common stock at a value of $3.3 million to satisfy tax withholding obligations relating to the vesting of employees’ restricted stock awards. On August 4, 2026, our Board authorized the repurchase of up to 1,500,000 shares of our outstanding common stock over a 12-month period commencing on August 11, 2026.
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