v3.25.4
EARNINGS PER SHARE
 9 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
NOTE 16. EARNINGS PER SHARE
The following represents a reconciliation from basic net income (loss) per share to diluted net income (loss) per share:
Three Months Ended December 31,Nine Months Ended December 31,
2025202420252024
Numerator
Net income (loss) $(430,827)$1,234 $(452,253)$(133,810)
Denominator
Weighted average common shares outstanding Class A, B and C - Basic424,845 431,744 426,769 433,212 
Dilutive effect of Class A and C securities(1)
— 5,553 — — 
Weighted average common shares and dilutive securities outstanding Class A, B, and C424,845 437,297 426,769 433,212 
Class A and Class C securities excluded as anti-dilutive (2)
19,580 1,721 16,889 10,588 
Basic net income (loss) per share of Class A, B and C common stock$(1.01)$0.00 $(1.06)$(0.31)
Diluted net income (loss) per share of Class A, B and C common stock$(1.01)$0.00 $(1.06)$(0.31)
(1) Effects of potentially dilutive securities are presented only in periods in which they are dilutive. No stock options or restricted stock units were included in the computation of diluted earnings per share during periods when the Company was in a net loss position, as their effect would be
anti-dilutive. The Company was in a net loss position for the three and nine months ended December 31, 2025 and the nine months ended December 31, 2024. As a result, approximately 2.7 million, 2.9 million and 3.8 million of dilutive Class A and C securities were excluded from the computation of diluted earnings per share for those periods, respectively.
(2) Represents stock options and restricted stock units of Class A and Class C Common Stock outstanding that were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.