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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Jun. 30, 2012
SHARE-BASED COMPENSATION [Abstract]  
Summary of stock option activity
Additional information regarding stock options outstanding as of June 30, 2012 is as follows:
 
  
Options Outstanding and Exercisable
 
Range of
Exercise Prices
 
Options
Outstanding
 
Weighted
Average
Exercise
Price per
Share
 
Weighted
Average
Contractual
Life Remaining
(in years)
 
        
$7.14 - 9.00   25,000  $7.14   1.0 
$9.01 - 13.50   80,000  $11.74   3.0 
$13.51 - 15.25   40,000  $15.23   1.5 
               
$7.14 - 15.25   145,000  $11.91   2.2 

Summary of nonvested restricted shares
As of June 30, 2012, we granted 352 restricted shares under the 2008 Director LTIP, and 96,590 restricted shares under the 2008 Employee LTIP. A summary of the non-vested restricted shares is as follows:

   
Number of
Shares
  
Weighted
Average Grant-
date Fair
Value
 
        
Nonvested April 1, 2012
  276,130  $20.75 
Granted
  96,942  $32.21 
Vested
  (53,240) $33.54 
Forefeited
  (1,167) $20.17 
Nonvested June 30, 2012
  318,665  $22.10