Income Taxes (Tables)

9 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Differences Between Statutory Income Tax Rate and Effective Income Tax Rate

The significant differences between the statutory income tax rate and effective income tax rate for the three and nine months ended December 31, 2019 and 2018 were as follows:

	For the Three Months Ended December 31,							For the Nine Months Ended December 31,
		2019			2018				2019			2018
Statutory income tax rate		21.0		%	21.0		%		21.0		%	21.0		%
Increase (decrease) resulting from:												—
Excess tax benefits from stock-based awards		(0.5	)		(2.6	)			(6.3	)		(41.5	)
Credits		(1.6	)		(1.7	)			(1.6	)		(1.7	)
State taxes, net		3.3			4.3				3.3			4.3
Permanent differences		1.8			1.8				1.8			1.8
Excess foreign tax credits		4.0			7.9				2.7			3.7
Other		0.7			(0.2	)			0.4			0.1
Effective tax rate		28.7		%	30.5		%		21.3		%	(12.3	)	%