Share-Based Compensation (Tables)

6 Months Ended

Sep. 30, 2016

We recorded share-based compensation as follows for the three and six months ended September 30, 2016 (in thousands):


	Three Months Ended September 30, 2016
	Stock Options			Restricted Shares			Total
Share-based compensation expense	$	(105	)	$	191		$	86
Related income tax benefit		37			(67	)		(30	)

Net share-based compensation expense	$	(68	)	$	124		$	56


	Six Months Ended September 30, 2016
	Stock Options			Restricted Shares			Total
Share-based compensation expense	$	365		$	1,099		$	1,464
Related income tax benefit		(128	)		(385	)		(513	)

Net share-based compensation expense	$	237		$	714		$	951

Stock option activity is as follows:


	Six Months Ended September 30, 2016
	Number of Shares			Weighted Average Exercise Price		Remaining Contractual Life		Aggregate Intrinsic Value
						(Years)		(in millions)
Outstanding at April 1, 2016		362,513		$	24.53
Granted		—			—
Exercised		—			—
Canceled		(24,897	)		23.11

Outstanding at September 30, 2016		337,616		$	24.64		5.5	$	2.6

Exercisable at September 30, 2016		193,097		$	24.29		3.9	$	1.6

Restricted share activity is as follows:


	Six Months Ended September 30, 2016
	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding at April 1, 2016		181,977		$	23.72
Granted		55,228			24.71
Vested		(29,667	)		15.93
Canceled		(18,063	)		29.06

Outstanding at September 30, 2016		189,475		$	24.72