v3.26.3
Earnings Per Share
6 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The table below provides a reconciliation of the income used to compute basic and diluted EPS for the periods presented:
Three Months Ended
September 30,
Six Months Ended
September 30,
2026202520262025
Numerator (1):
Earnings for basic computations$179 $174 $375 $443 
Earnings for diluted computations$179 $174 $375 $443 
Denominator:
Weighted-average common stock shares outstanding, basic119,552,012 122,662,037119,758,635 123,388,093
Dilutive stock options and restricted stock39,625 219,526 128,344 289,899
Weighted-average common stock shares outstanding, diluted119,591,637 122,881,563119,886,979 123,677,992
Earnings per common share:
Basic$1.50 $1.42 $3.13 $3.59 
Diluted$1.50 $1.42 $3.13 $3.58 
(1)    The difference between earnings for basic and diluted computations and net income presented on the condensed consolidated statements of operations is due to undistributed earnings and dividends allocated to the participating securities. There were approximately 1.4 million and 0.9 million shares, respectively, of participating securities for the three months ended September 30, 2026 and 2025 and 1.2 million and 0.9 million shares of participating securities for the six months ended September 30, 2026 and 2025, respectively.