SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Dec. 31, 2012

During the three and nine months ended December 31, 2012 and 2011, there were no stock options granted. A summary of stock option activity during the nine months ended December 31, 2012 is as follows:

	Number of Shares			Exercise Price Range		Weighted Average Exercise Price		Weighted Average Contractual Life Remaining (in years)		Aggregate Intrinsic Value


Outstanding, April 1, 2012		145,000		$	7.14 - $15.25	$	11.91
Options exercised (1)		(105,000	)	$	7.14 - $15.25	$	11.12
Outstanding, December 31, 2012		40,000		$	10.75 - $15.25	$	13.99		1.7	$	1,094,000

Vested at December 31, 2012		40,000				$	13.99		1.7	$	1,094,000
Exercisable at December 31, 2012		40,000				$	13.99		1.7	$	1,094,000

(1)	The total intrinsic value of stock options exercised during the nine months ended December 31, 2012 was $2.9 million.

Additional information regarding stock options outstanding as of December 31, 2012 is as follows:

		Options Outstanding and Exercisable
Exercise Prices		Options Outstanding		Weighted Average Exercise Price per Share		Weighted Average Contractual Life Remaining (in years)

	$12.73		20,000	$	12.73		2.7
	$15.25		20,000	$	15.25		0.7
	$12.73 - $15.25		40,000	$	13.99		1.7

Summary of Nonvested Restricted Shares

For the nine months ended December 31, 2012, we granted 8,234 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		104,824		$	32.67
Vested		(131,606	)	$	19.81
Forfeited		(1,167	)	$	20.17
Nonvested December 31, 2012		248,181		$	26.29