The reconciliation of basic to diluted weighted-average common shares outstanding was as follows:


	Three Months Ended September 30,		Six Months Ended September 30,
	2026	2025	2026	2025
Basic	135,044	147,395	136,644	148,364
Dilutive effect of equity awards	256	257	279	274
Diluted	135,300	147,652	136,923	148,638


	Three Months Ended September 30,		Six Months Ended September 30,
	2026	2025	2026	2025
Excluded
RSUs	9	79	9	83
LTIP PSUs	594	427	594	427
Deferred Non-Employee Director Equity Awards	8	6	8	6
Employee Stock Purchase Plan	1	2	1	3

Excluded Awards. The equity awards excluded from the calculation of the dilutive effect may be excluded due to

one of the following: (1) the shares were antidilutive or (2) the necessary conditions had not been satisfied for the

shares to be deemed issuable based on the Company’s performance for the relevant performance period. The

number of shares stated for each of these excluded awards is the maximum number of shares issuable pursuant to

these awards. For those awards subject to the achievement of performance criteria, the actual number of shares to

be issued pursuant to such awards will be based on Company performance in future periods, net of forfeitures, and

may be materially lower than the number of shares presented, which could result in a lower dilutive effect.