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Stockholders' Equity
6 Months Ended
Sep. 30, 2017
Equity [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY
Common Stock
The common stock shares activity consisted of the following: 
 
Class A
Common Stock
 
Treasury
Stock
Balance at March 31, 2016
153,391,058

 
5,398,596

Issuance of common stock
578,932

 

Stock options exercised
1,931,495

 

Repurchase of common stock (1)

 
1,615,181

Balance at March 31, 2017
155,901,485

 
7,013,777

Issuance of common stock
581,174

 

Stock options exercised
741,708

 

Repurchase of common stock (2)

 
4,619,568

Balance at September 30, 2017
157,224,367

 
11,633,345


(1)
During fiscal 2017, the Company purchased 1.3 million shares of the Company’s Class A Common Stock in a series of open market transactions for $46.4 million. Additionally, the Company repurchased shares during fiscal 2017 to cover the minimum statutory withholding taxes on restricted stock awards and restricted stock units that vested on March 31, 2017. The Company also repurchased shares to cover the minimum statutory withholding taxes on restricted stock for departing officers, as they are no longer subject to a substantial risk of forfeiture.
(2)
During fiscal 2018, the Company purchased 4.5 million shares of the Company’s Class A Common Stock in a series of open market transactions for $154.0 million. Additionally, the Company repurchased shares during the first quarter of fiscal 2018 to cover the minimum statutory withholding taxes on restricted stock awards and restricted stock units that vested on June 30, 2017.
For the quarterly offering period that closed on September 30, 2017, 63,298 Class A Common Stock shares were purchased by employees under the Company's Employee Stock Purchase Plan, or ESPP. Since the program's inception, 2,055,650 shares have been purchased by employees.