Stockholders' Equity

9 Months Ended

Dec. 31, 2018

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders' Equity

Stock Repurchase Programs

The Company's Board of Directors has authorized various stock repurchase programs pursuant to which the Company has the authority to repurchase its common stock. The Company's stock repurchase programs do not obligate it to acquire any particular amount of common stock and may be suspended at any time at the Company's discretion.

Stock repurchase activity under these programs for the nine months ended December 31, 2018 is as follows:

Average price paid per share	$	115.22
Total number of shares repurchased*	1,400,699
Dollar value of shares repurchased	$	161,395

*All shares were repurchased as part of publicly-announced programs in open-market transactions.

In January 2019, the Company's Board of Directors approved a new $261,000 stock repurchase program, increasing the Company's aggregate remaining approved amount under its various stock repurchase programs to $350,212. Subsequent to December 31, 2018 through February 1, 2019, the Company made no additional share repurchases.

Since inception of the Company's 2015 stock repurchase program, as of December 31, 2018 and through February 1, 2019, the Company has repurchased an aggregate of 5,123,201 shares for $445,788, at an average price paid of $87.01 per share, leaving the aggregate remaining approved amount at $350,212.

Accumulated Other Comprehensive Loss

The components within AOCL, net of tax, are as follows:

	December 31, 2018			March 31, 2018
Unrealized gain on cash flow hedges	$	1,241		$	243
Cumulative foreign currency translation loss	(23,769		)	(13,226		)
Total	$	(22,528	)	$	(12,983	)