XML 29 R15.htm IDEA: XBRL DOCUMENT v3.4.0.3
Accrued Compensation and Benefits
12 Months Ended
Mar. 31, 2016
Compensation Related Costs [Abstract]  
ACCRUED COMPENSATION AND BENEFITS
ACCRUED COMPENSATION AND BENEFITS
Accrued compensation and benefits consisted of the following: 
 
March 31,
 
2016
 
2015
Bonus
$
73,040

 
$
82,237

Retirement
30,388

 
29,285

Vacation
114,599

 
115,657

Stock-based compensation liability (Note 16)
2,269

 
31,732

Other
21,071

 
20,328

Total accrued compensation and benefits
$
241,367

 
$
279,239


As of March 31, 2016 and March 31, 2015, the Company recorded a stock-based compensation liability of $2.3 million and $31.7 million, respectively, expected to be paid within one year, related to special dividends paid in July and December 2009, June and August 2012, November 2013, February and August 2014. Rollover options vested and not yet exercised that would have had an exercise price below zero as a result of the dividends were reduced to one cent, with the remaining reduction to be paid in cash upon exercise of the options. Payments of the special dividends to the Company's Second Amended and Restated Equity Incentive Plan, or EIP, option holders are linked to vesting. The final tranche of rollover options were exercised during the fiscal year, thus the liability to these option holders is fully settled. Refer to Note 16 for further discussion of the special dividends.