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Condensed Consolidated Statements of Stockholders' Equity and Mezzanine Equity (Unaudited) - USD ($)
shares in Thousands
Total
Total Mezzanine Equity
Total Mezzanine Equity
KSOP redeemable common stock conversion
Total Mezzanine Equity
ESOP share conversion
Redeemable Common Stock
Redeemable Common Stock
KSOP redeemable common stock conversion
Redeemable Common Stock
ESOP share conversion
Redeemable Convertible Preferred Stock
Redeemable Convertible Preferred Stock
ESOP share conversion
Total ADS Stockholders’ Equity
Common Stock
Paid -In Capital
Common Stock in Treasury
Accumulated Other Compre-hensive Loss
Retained Earnings
Non- controlling Interest in Subsidiaries
Beginning balance, common stock (in shares) at Mar. 31, 2022                     75,529          
Beginning balance, treasury stock (in shares) at Mar. 31, 2022                         3,220      
Beginning balance at Mar. 31, 2022 $ 909,661,000                 $ 893,039,000 $ 11,612,000 $ 1,065,628,000 $ (318,691,000) $ (24,386,000) $ 158,876,000 $ 16,622,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Performance-based restricted stock units (in shares)                     527   205      
Performance-based restricted stock units (20,346,000)                 (20,346,000) $ 5,000   $ (20,351,000)      
Ending balance, common stock (in shares) at Jun. 30, 2022                     76,607          
Ending balance, treasury stock (in shares) at Jun. 30, 2022                         4,221      
Ending balance at Jun. 30, 2022 1,007,959,000                 989,996,000 $ 11,623,000 1,079,701,000 $ (408,861,000) (28,289,000) 335,822,000 17,963,000
Mezzanine equity, beginning balance (in shares) at Mar. 31, 2022         0     15,630                
Mezzanine equity, beginning balance at Mar. 31, 2022   $ 195,384,000     $ 0     $ 195,384,000                
Mezzanine equity, ending balance (in shares) at Jun. 30, 2022         11,619     0                
Mezzanine equity, ending balance at Jun. 30, 2022   188,828,000     $ 188,828,000     $ 0                
Beginning balance, common stock (in shares) at Mar. 31, 2022                     75,529          
Beginning balance, treasury stock (in shares) at Mar. 31, 2022                         3,220      
Beginning balance at Mar. 31, 2022 909,661,000                 893,039,000 $ 11,612,000 1,065,628,000 $ (318,691,000) (24,386,000) 158,876,000 16,622,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 341,859,000                 339,153,000         339,153,000 2,706,000
Other comprehensive loss (9,661,000)                 (9,389,000)       (9,389,000)   (272,000)
Common stock dividends (20,239,000)                 (20,239,000)         (20,239,000)  
Share repurchases (in shares)                         1,865      
Share repurchases (195,163,000)                 (195,163,000)     $ (195,163,000)      
Dividends paid to noncontrolling interest holder 1,727,000                             (1,727,000)
KSOP redeemable common stock conversion (in shares)                     2,182          
KSOP redeemable common stock conversion 35,456,000                 35,456,000 $ 22,000 35,434,000        
Exercise of common stock options (in shares)                     183          
Exercise of common stock options 4,660,000                 4,660,000 $ 2,000 4,658,000        
Restricted stock awards (in shares)                     98   24      
Restricted stock awards (2,491,000)                 (2,491,000) $ 1,000   $ (2,492,000)      
Stock-based compensation expense 13,733,000                 13,733,000   13,733,000        
Ending balance, common stock (in shares) at Sep. 30, 2022                     78,519          
Ending balance, treasury stock (in shares) at Sep. 30, 2022                         5,314      
Ending balance at Sep. 30, 2022 1,055,742,000                 1,038,413,000 $ 11,642,000 1,119,453,000 $ (536,697,000) (33,775,000) 477,790,000 17,329,000
Mezzanine equity, beginning balance (in shares) at Mar. 31, 2022         0     15,630                
Mezzanine equity, beginning balance at Mar. 31, 2022   195,384,000     $ 0     $ 195,384,000                
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Conversion of convertible securities (in shares)           (2,182) 12,022   (15,630)              
Temporary equity, conversion of convertible securities     $ (35,456,000) $ 0   $ (35,456,000) $ 195,384,000   $ (195,384,000)              
Mezzanine equity, ending balance (in shares) at Sep. 30, 2022         9,840     0                
Mezzanine equity, ending balance at Sep. 30, 2022   159,928,000     $ 159,928,000     $ 0                
Beginning balance, common stock (in shares) at Jun. 30, 2022                     76,607          
Beginning balance, treasury stock (in shares) at Jun. 30, 2022                         4,221      
Beginning balance at Jun. 30, 2022 1,007,959,000                 989,996,000 $ 11,623,000 1,079,701,000 $ (408,861,000) (28,289,000) 335,822,000 17,963,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 153,377,000                 152,007,000         152,007,000 1,370,000
Other comprehensive loss (5,763,000)                 (5,486,000)       (5,486,000)   (277,000)
Common stock dividends (10,039,000)                 (10,039,000)         (10,039,000)  
Share repurchases (in shares)                         1,093      
Share repurchases (127,802,000)                 (127,802,000)     $ (127,802,000)      
Dividends paid to noncontrolling interest holder 1,727,000                             (1,727,000)
KSOP redeemable common stock conversion (in shares)                     1,779          
KSOP redeemable common stock conversion 28,900,000                 28,900,000 $ 18,000 28,882,000        
Exercise of common stock options (in shares)                     116          
Exercise of common stock options 3,411,000                 3,411,000 $ 1,000 3,410,000        
Restricted stock awards (in shares)                     17   0      
Restricted stock awards (34,000)                 (34,000) $ 0   $ (34,000)      
Stock-based compensation expense 7,460,000                 7,460,000   7,460,000        
Ending balance, common stock (in shares) at Sep. 30, 2022                     78,519          
Ending balance, treasury stock (in shares) at Sep. 30, 2022                         5,314      
Ending balance at Sep. 30, 2022 $ 1,055,742,000                 1,038,413,000 $ 11,642,000 1,119,453,000 $ (536,697,000) (33,775,000) 477,790,000 17,329,000
Mezzanine equity, beginning balance (in shares) at Jun. 30, 2022         11,619     0                
Mezzanine equity, beginning balance at Jun. 30, 2022   188,828,000     $ 188,828,000     $ 0                
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Conversion of convertible securities (in shares)           (1,779)                    
Temporary equity, conversion of convertible securities     (28,900,000)     $ (28,900,000)                    
Mezzanine equity, ending balance (in shares) at Sep. 30, 2022         9,840     0                
Mezzanine equity, ending balance at Sep. 30, 2022   159,928,000     $ 159,928,000     $ 0                
Beginning balance, common stock (in shares) at Mar. 31, 2023 69,518                   79,057          
Beginning balance, treasury stock (in shares) at Mar. 31, 2023                         9,539      
Beginning balance at Mar. 31, 2023 $ 841,640,000                 824,147,000 $ 11,647,000 1,134,864,000 $ (920,999,000) (27,580,000) 626,215,000 17,493,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 310,932,000                 309,454,000         309,454,000 1,478,000
Other comprehensive loss (1,632,000)                 (2,078,000)       (2,078,000)   446,000
Common stock dividends (22,118,000)                 (22,118,000)         (22,118,000)  
Share repurchases (in shares)                         981      
Share repurchases (109,907,000)                 (109,907,000)     $ (109,907,000)      
KSOP redeemable common stock conversion (in shares)                     1,223          
KSOP redeemable common stock conversion 19,871,000                 19,871,000 $ 12,000 19,859,000        
Exercise of common stock options (in shares)                     56          
Exercise of common stock options 2,623,000                 2,623,000 $ 1,000 2,622,000        
Restricted stock awards (in shares)                     99   25      
Restricted stock awards (2,414,000)                 (2,414,000) $ 1,000   $ (2,415,000)      
Stock-based compensation expense 16,234,000                 16,234,000   16,234,000        
Performance-based restricted stock units (in shares)                     200   72      
Performance-based restricted stock units (6,394,000)                 (6,394,000) $ 2,000   $ (6,396,000)      
Other $ (5,000)                 (5,000)   (5,000)        
Ending balance, common stock (in shares) at Sep. 30, 2023 70,018                   80,635          
Ending balance, treasury stock (in shares) at Sep. 30, 2023                         10,617      
Ending balance at Sep. 30, 2023 $ 1,048,830,000                 1,029,413,000 $ 11,663,000 1,173,574,000 $ (1,039,717,000) (29,658,000) 913,551,000 19,417,000
Mezzanine equity, beginning balance (in shares) at Mar. 31, 2023         9,429                      
Mezzanine equity, beginning balance at Mar. 31, 2023 153,220,000 153,220,000     $ 153,220,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Conversion of convertible securities (in shares)           (1,223)                    
Temporary equity, conversion of convertible securities     (19,871,000)     $ (19,871,000)                    
Mezzanine equity, ending balance (in shares) at Sep. 30, 2023         8,206                      
Mezzanine equity, ending balance at Sep. 30, 2023 133,349,000 133,349,000     $ 133,349,000                      
Beginning balance, common stock (in shares) at Jun. 30, 2023                     79,651          
Beginning balance, treasury stock (in shares) at Jun. 30, 2023                         10,110      
Beginning balance at Jun. 30, 2023 963,469,000                 944,672,000 $ 11,654,000 1,147,449,000 $ (977,812,000) (25,399,000) 788,780,000 18,797,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income 137,027,000                 135,802,000         135,802,000 1,225,000
Other comprehensive loss (4,864,000)                 (4,259,000)       (4,259,000)   (605,000)
Common stock dividends (11,031,000)                 (11,031,000)         (11,031,000)  
Share repurchases (in shares)                         507      
Share repurchases (61,836,000)                 (61,836,000)     $ (61,836,000)      
KSOP redeemable common stock conversion (in shares)                     926          
KSOP redeemable common stock conversion 15,048,000                 15,048,000 $ 9,000 15,039,000        
Exercise of common stock options (in shares)                     35          
Exercise of common stock options 1,756,000                 1,756,000 $ 0 1,756,000        
Restricted stock awards (in shares)                     23   0      
Restricted stock awards (69,000)                 (69,000) $ 0   $ (69,000)      
Stock-based compensation expense 9,331,000                 9,331,000   9,331,000        
Other $ (1,000)                 (1,000)   (1,000)        
Ending balance, common stock (in shares) at Sep. 30, 2023 70,018                   80,635          
Ending balance, treasury stock (in shares) at Sep. 30, 2023                         10,617      
Ending balance at Sep. 30, 2023 $ 1,048,830,000                 $ 1,029,413,000 $ 11,663,000 $ 1,173,574,000 $ (1,039,717,000) $ (29,658,000) $ 913,551,000 $ 19,417,000
Mezzanine equity, beginning balance (in shares) at Jun. 30, 2023         9,132                      
Mezzanine equity, beginning balance at Jun. 30, 2023   148,397,000     $ 148,397,000                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Conversion of convertible securities (in shares)           (926)                    
Temporary equity, conversion of convertible securities     $ (15,048,000)     $ (15,048,000)                    
Mezzanine equity, ending balance (in shares) at Sep. 30, 2023         8,206                      
Mezzanine equity, ending balance at Sep. 30, 2023 $ 133,349,000 $ 133,349,000     $ 133,349,000