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Share-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Restricted Shares
A summary of the Company's restricted shares and restricted stock units granted under the Plan is presented below:
 
 
 
Restricted Shares and Restricted Stock Units
 
 
Shares
(in thousands)
 
Weighted-
Average
Grant-Date
Fair Value
Nine months ended December 31, 2012:
 
 
 
 
Outstanding at March 31, 2012
 
363.4

 
$
9.92

Granted
 
128.9

 
13.59

Vested and issued
 
(27.0
)
 
7.16

Forfeited
 
(12.3
)
 
10.69

Outstanding at December 31, 2012
 
453.0

 
11.11

Vested at December 31, 2012
 
70.4

 
8.52

 
 
 

 
 

Nine months ended December 31, 2013:
 
 
 
 
Outstanding at March 31, 2013
 
421.3

 
$
11.01

Granted
 
126.6

 
30.19

Vested and issued
 
(59.7
)
 
8.42

Forfeited
 
(5.6
)
 
15.11

Outstanding at December 31, 2013
 
482.6

 
16.32

Vested at December 31, 2013
 
83.1

 
9.63

Stock Options, Valuation Assumptions
 
Nine Months Ended December 31,
 
2013
 
2012
Expected volatility
48.0
%
 
44.0
%
Expected dividends
$

 
$

Expected term in years
6.0

 
6.5

Risk-free rate
1.3
%
 
1.2
%
Stock Option Activity
A summary of option activity under the Plan is as follows:
 
 
 
 
Options
 
 
 
Shares
(in thousands)
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
(in thousands)
Nine months ended December 31, 2012:
 
 
 
 
 
 
 
 
Outstanding at March 31, 2012
 
1,745.4

 
$
8.44

 
 
 
 
Granted
 
444.9

 
13.36

 
 
 
 
Exercised
 
(708.5
)
 
7.71

 
 
 
 
Forfeited or expired
 
(17.4
)
 
11.21

 
 
 
 
Outstanding at December 31, 2012
 
1,464.4

 
10.26

 
7.7
 
$
11,330

Exercisable at December 31, 2012
 
332.4

 
9.99

 
6.8
 
2,248

 
 
 
 
 
 
 
 
 
Nine months ended December 31, 2013:
 
 

 
 

 
 
 
 

Outstanding at March 31, 2013
 
1,386.4

 
$
10.43

 
 
 
 
Granted
 
227.7

 
29.94

 
 
 
 
Exercised
 
(589.9
)
 
9.73

 
 
 
 
Forfeited or expired
 
(14.2
)
 
14.56

 
 
 
 
Outstanding at December 31, 2013
 
1,010.0

 
15.18

 
7.6
 
$
20,828

Exercisable at December 31, 2013
 
172.1

 
11.34

 
6.8
 
4,210