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Stockholders' Equity (Tables)
9 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Common stock shares activity
The common stock shares activity consisted of the following:
 
 
Class A
Common Stock
 
Class B
Non-Voting
Common Stock
 
Class C
Restricted
Common Stock
 
Class E
Special Voting
Common Stock
 
Treasury
Stock
Balance at March 31, 2013
136,457,444

 
1,451,600

 
1,224,319
 
7,478,522

 
405,843

Issuance of common stock
1,047,160

 

 

 

 

Stock options exercised
5,299,501

 

 

 
(3,053,708)

 

Share exchange
1,157,968

 
(869,520)

 
(288,448)

 

 

Repurchase of common stock (1)

 

 

 

 
203,782

Balance at March 31, 2014
143,962,073

 
582,080

 
935,871

 
4,424,814

 
609,625

Issuance of common stock
1,315,400

 

 

 

 

Stock options exercised
3,099,729

 

 

 
(2,573,225
)
 

Share exchange (3)
1,517,951

 
(582,080)

 
(935,871)

 

 

Repurchase of common stock (2)

 

 

 

 
1,377,001

Balance at December 31, 2014
149,895,153
 

 

 
1,851,589
 
1,986,626
 
(1)
Reflects shares repurchased on June 30, 2013 to cover the minimum statutory withholding taxes on restricted stock awards that vested on June 30, 2013 and shares repurchased on multiple dates to cover the minimum statutory withholding taxes on accelerated restricted stock vesting for departing officers.

(2)
On November 5, 2014, the Company entered into an agreement with an affiliate of The Carlyle Group to repurchase 1,000,000 shares of the Company's Class A Common Stock. The shares were repurchased at a price of $25.10 per share in a private non-underwritten transaction. The repurchase of common stock above also reflects shares repurchased on June 30, 2014 to cover the minimum statutory withholding taxes on restricted stock awards that vested on June 30, 2014, shares repurchased on September 12, 2014 to cover the minimum statutory withholding taxes on rollover stock options exercised on September 12, 2014 and shares repurchased on multiple dates to cover the minimum statutory withholding taxes on accelerated restricted stock vesting for departing officers.

(3)
At the annual meeting of stockholders held on July 31, 2014, the stockholders approved a proposal to amend and restate the certificate of incorporation, which had the effect of converting all issued and outstanding shares of Class B Non-Voting Common Stock and Class C Restricted Common Stock into shares of Class A Common Stock on a one-for-one basis. The conversion was effected on August 13, 2014 when the Company filed its third amended and restated certificate of incorporation with the Secretary of State of the State of Delaware. As a result of the conversion, there were no shares of Class B Non-Voting Common Stock and Class C Restricted Common Stock outstanding at such time.