Earnings Per Share and Stock Plans (Tables)

12 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per share (share data presented in thousands):

	Year Ended March 31,
Numerator for basic and diluted earnings per share:	2017		2016		2015
Net income (loss)	$	8,984	$	19,579	$	27,190
Denominators:
Weighted-average common stock outstanding— denominator for basic EPS	20,591		20,079		19,939
Effect of dilutive employee stock options, RSU's and performance shares	297		236		285
Adjusted weighted-average common stock outstanding and assumed conversions— denominator for diluted EPS	20,888		20,315		20,224

Schedule of Stock Options Roll Forward

A summary of option transactions during each of the three fiscal years in the period ended March 31, 2017 is as follows:

	Shares		Weighted- average Exercise Price		Weighted- average Remaining Contractual Life (in years)	Aggregate Intrinsic Value
Outstanding at April 1, 2014	612,506		17.05
Granted	118,060		27.08
Exercised	(87,210	)	18.41
Cancelled	(31,207	)	15.71
Outstanding at March 31, 2015	612,149		18.86
Granted	157,999		24.94
Exercised	(16,033	)	15.07
Cancelled	(35,314	)	21.90
Outstanding at March 31, 2016	718,801		20.13		6.64	$	465
Granted	398,945		17.00
Exercised	(27,848	)	15.76
Cancelled	(26,004	)	19.06
Outstanding at March 31, 2017	1,063,894		19.10		6.98	$	6,477
Exercisable at March 31, 2017	481,883		$	18.48	4.90	$	3,233

Schedule of Share-based Compensation, Stock Options, Activity

The following table provides certain information with respect to stock options outstanding at March 31, 2017:

	Stock Options Outstanding	Weighted-average Exercise Price		Weighted-average Remaining Contractual Life
Range of Exercise Prices
$10.01 to 20.00	723,796	$	15.87	6.55
$20.01 to 30.00	340,098	25.96		7.87
	1,063,894	$	19.10	6.98

The following table provides certain information with respect to stock options exercisable at March 31, 2017:

Range of Exercise Prices	Stock Options Exercisable	Weighted-average Exercise Price
$10.01 to $20.00	377,058	$	16.25
$20.01 to $30.00	104,825	26.49
	481,883	$	18.48

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table provides the weighted-average assumptions used to value stock options granted during fiscal 2017, 2016, and 2015:

	Year Ended March 31, 2017		Year Ended March 31, 2016		Year Ended March 31, 2015
Assumptions:
Risk-free interest rate	1.07	%	0.82	%	0.70	%
Dividend yield	0.98	%	0.60	%	0.60	%
Volatility factor	0.379		0.391		0.453
Expected life	5.5 years		5.5 years		5.5 years

Schedule of Unvested Restricted Stock Units Roll Forward

A summary of the restricted stock unit awards granted under the Company’s LTIP plan as of March 31, 2017 is as follows:

	Shares		Weighted-average Grant Date Fair Value
Unvested at April 1, 2014	200,594		$	17.53
Granted	85,821		26.38
Vested	(91,439	)	19.03
Forfeited	(13,961	)	17.16
Unvested at March 31, 2015	181,015		$	20.99
Granted	287,585		19.86
Vested	(87,380	)	20.20
Forfeited	(9,718	)	22.65
Unvested at March 31, 2016	371,502		$	20.26
Granted	171,407		18.06
Vested	(162,502	)	19.93
Forfeited	(10,151	)	22.81
Unvested at March 31, 2017	370,256		$	19.32

Schedule of Nonvested Performance-based Units Activity

A summary of the performance shares transactions during each of the three fiscal years in the period ended March 31, 2017 is as follows:

	Shares		Weighted-average Grant Date Fair Value
Unvested at April 1, 2014	150,191		$	23.11
Granted	35,001		27.12
Vested	(37,627	)	24.65
Forfeited	(34,118	)	24.74
Unvested at March 31, 2015	113,447		$	23.35
Granted	41,504		24.94
Vested	(53,298	)	19.25
Unvested at March 31, 2016	101,653		$	26.15
Granted	77,349		$	15.69
Vested	(25,148	)	26.79
Forfeited	(35,001	)	27.12
Unvested at March 31, 2017	118,853		$	18.92