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Executive Stock Plans And Stock-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary Of Stock Option And SAR Activity
The following tables summarize the Company’s SAR activity and related information for fiscal years 2016 and 2017:
 
Shares
 
Weighted-Average
Exercise
Price
Fiscal Year Ended March 31, 2016:
 
 
 
Outstanding at beginning of year
169,601

 
$
59.82

Exercised
(6,200
)
 
51.32

Cancelled/expired
(11,200
)
 
62.66

Outstanding at end of year
152,201

 
59.96

 
 
 
 
Fiscal Year Ended March 31, 2017:
 
 
 
Exercised
(135,334
)
 
61.72

Cancelled/expired
(16,867
)
 
45.82

Outstanding at end of year

 
$

Intrinsic Value And Fair Value Of SARs
 
Fiscal Year Ended March 31,
 
2017
 
2016
Total intrinsic value of awards exercised
$
555

 
$
26

Total fair value of awards vested
$

 
$


Intrinsic value in the above table is based on the difference between the market price of the underlying shares at the exercise date and the exercise price of the SARs.
Summary Of RSU, Restricted Stock, And PSA Activity
The following table summarizes the Company’s RSU, restricted stock, and PSA activity for fiscal years 2016 through 2018:
 
RSUs
 
Restricted Stock
 
PSAs
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares
 
Weighted-Average
Grant Date
Fair Value
Fiscal Year Ended March 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
Unvested at beginning of year
264,397

 
$
48.10

 
48,100

 
$
42.33

 
153,475

 
$
45.58

Granted
80,932

 
51.62

 

 

 
86,212

 
45.06

Vested
(42,384
)
 
41.64

 

 

 
(85,387
)
 
38.14

Unvested at end of year
302,945

 
49.95

 
48,100

 
42.33

 
154,300

 
48.13

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2017:
 
 
 
 
 
 
 
 
 
 
 
Granted
74,776

 
55.27

 

 

 
58,805

 
49.17

Vested
(51,544
)
 
44.57

 
(17,900
)
 
42.26

 
(52,230
)
 
53.56

Forfeited
(539
)
 
55.63

 

 

 
(525
)
 
49.17

Unvested at end of year
325,638

 
52.01

 
30,200

 
42.37

 
160,350

 
46.86

 
 
 
 
 
 
 
 
 
 
 
 
Fiscal Year Ended March 31, 2018:
 
 
 
 
 
 
 
 
 
 
 
Granted
72,032

 
64.13

 

 

 
39,100

 
60.37

Vested
(60,751
)
 
45.51

 

 

 
(41,667
)
 
46.41

Forfeited

 

 

 

 
(6,783
)
 
46.41

Unvested at end of year
336,919

 
$
55.77

 
30,200

 
$
42.37

 
151,000

 
$
50.50

Stock-Based Compensation Expense And Related Income Tax Benefit Recognized
For the fiscal years ended March 31, 2018, 2017, and 2016, total stock-based compensation expense and the related income tax benefit recognized were as follows:
 
Fiscal Year Ended March 31,
 
2018
 
2017
 
2016
Total stock-based compensation expense
$
7,610

 
$
6,475

 
$
5,206

Income tax benefit recorded on stock-based compensation expense
$
2,397

 
$
2,266

 
$
1,822