Share Repurchase Program

6 Months Ended

Sep. 30, 2018

Share Repurchase Program [Abstract]

Share Repurchase Program

19. Share Repurchase Program

As of September 30, 2018, the Company’s board of directors had approved a stock repurchase program of up to $37,000,000 of its common stock.  As of September 30, 2018, $15,692,000 of the $37,000,000 had been utilized and $21,308,000 remained available to repurchase shares under the authorized share repurchase program, subject to the limit in the Amended Credit Facility. The Company retired the 675,561 shares repurchased under this program through September 30, 2018. The Company’s share repurchase program does not obligate it to acquire any specific number of shares and shares may be repurchased in privately negotiated and/or open market transactions.