Treasury Stock	9 Months Ended
Dec. 31, 2018
Equity [Abstract]
Treasury Stock	Note 4 — Treasury Stock The Company’s Board of Directors approved the commencement of a share repurchase program in the fall of 1996. In February 2017, the Company’s Board of Directors approved a 1,000,000 share expansion to the Company’s existing stock repurchase program, increasing the total number of shares of the Company’s common stock approved for repurchase over the life of the program to 36,000,000 shares. Since the commencement of the share repurchase program, the Company has spent $454 million on the repurchase of 35,267,631 shares of its common stock, equal to 65% of the outstanding common stock had there been no repurchases. The average price of these repurchases was $12.86 per share. These repurchases were funded primarily by the net earnings of the Company, along with proceeds from the exercise of common stock options. During the three and nine months ended December 31, 2018, the Company repurchased 186,574 shares of its common stock for $11.3 million at an average price of $60.51 per share and 386,552 shares of the Company’s common stock for $22.6 million at an average price of $58.44 per share, respectively. The Company had 18,700,031 shares of common stock outstanding as of December 31, 2018, net of the 35,267,631 shares in treasury. During the period subsequent to the quarter ended December 31, 2018, the Company repurchased 70,019 shares of its common stock for $4,398,000 at an average price of $62.81 per share.

Treasury Stock

9 Months Ended

Dec. 31, 2018

Note 4 — Treasury Stock

The Company’s Board of Directors approved the commencement of a share repurchase program in the fall of 1996. In February 2017, the Company’s Board of Directors approved a 1,000,000 share expansion to the Company’s existing stock repurchase program, increasing the total number of shares of the Company’s common stock approved for repurchase over the life of the program to 36,000,000 shares. Since the commencement of the share repurchase program, the Company has spent $454 million on the repurchase of 35,267,631 shares of its common stock, equal to 65% of the outstanding common stock had there been no repurchases. The average price of these repurchases was $12.86 per share. These repurchases were funded primarily by the net earnings of the Company, along with proceeds from the exercise of common stock options. During the three and nine months ended December 31, 2018, the Company repurchased 186,574 shares of its common stock for $11.3 million at an average price of $60.51 per share and 386,552 shares of the Company’s common stock for $22.6 million at an average price of $58.44 per share, respectively. The Company had 18,700,031 shares of common stock outstanding as of December 31, 2018, net of the 35,267,631 shares in treasury. During the period subsequent to the quarter ended December 31, 2018, the Company repurchased 70,019 shares of its common stock for $4,398,000 at an average price of $62.81 per share.