v3.26.3
Net Income Per Share and Stockholders' Equity
 6 Months Ended
Sep. 30, 2026
Net Income Per Share And Stockholders Equity [Abstract]  
Net Income Per Share and Stockholders' Equity NET INCOME PER SHARE AND STOCKHOLDERS' EQUITY
Net Income per Share - The following table presents information necessary to calculate net income per share for the periods presented, as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive:
Three Months Ended September 30,Six Months Ended September 30,
(Amounts in thousands, except per share data)2026202520262025
NET INCOME PER SHARE—BASIC:
Net income from continuing operations available to common stockholders
$133,961 $156,017 $308,135 $299,939 
Net loss from discontinued operations, net of tax(23,522)— (29,175)— 
Net income attributable to common stockholders110,439 156,017 278,960 299,939 
Weighted average number of common shares outstanding – Basic
75,367 77,752 75,943 77,697 
Net income from continuing operations available to common stockholders per common share - Basic$1.78 $2.01 $4.06 $3.86 
Net loss from discontinued operations per common share - Basic$(0.31)$— $(0.38)$— 
Net income per common share – Basic$1.47 $2.01 $3.67 $3.86 
NET INCOME PER SHARE—DILUTED:
Net income from continuing operations available to common stockholders
$133,961 $156,017 $308,135 $299,939 
Net loss from discontinued operations, net of tax(23,522)— (29,175)— 
Net income attributable to common stockholders110,439 156,017 278,960 299,939 
Weighted average number of common shares outstanding – Basic
75,367 77,752 75,943 77,697 
Assumed restricted stock41 43 57 39 
Assumed exercise of stock options370 440 556 415 
Assumed performance-based restricted stock units9 75 10 89 
Weighted average number of common shares outstanding – Diluted
75,78778,31076,56678,240
Net income from continuing operations available to common stockholders per common share - Diluted$1.77 $1.99 $4.02 $3.83 
Net loss from discontinued operations per common share - Diluted$(0.31)$— $(0.38)$— 
Net income per common share – Diluted$1.46 $1.99 $3.64 $3.83 
Potentially dilutive securities excluded as anti-dilutive
61 50 60 53 
Stockholders’ Equity – During the six months ended September 30, 2026, the Company repurchased 2.7 million shares of common stock at a cost of $375.1 million. The repurchases were made under the Board of Directors’ authorization in February 2026 to repurchase up to an additional $1.0 billion of ADS Common Stock in accordance with applicable securities laws. As of September 30, 2026, approximately $677.3 million of common stock may be repurchased under the authorization. The repurchase program does not obligate the Company to acquire any particular amount of common stock and may be suspended or terminated at any time at the Company’s discretion.