Share-Based Plans (Tables)

Activity and related information pertaining to stock options for the year ended March 31, 2019 was as follows:



	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life	Aggregate Intrinsic Value
Outstanding at April 1, 2018	537,800		$	26.35
Granted	10,000		$	13.39
Canceled	(123,856	)	$	25.34
Forfeited	(19,969	)	$	27.61
Outstanding at March 31, 2019	403,975		$	26.27	4.5 years	$	—
Exercisable at March 31, 2019	227,125		$	25.89	3.2 years	$	—
Expected to vest at March 31, 2019	176,850		$	26.76	6.2 years	$	—

Activity and related information pertaining to RSUs for the year ended March 31, 2019 was as follows:



	Number of RSUs		Weighted Average Fair Value		Weighted Average Remaining Contractual Life
Outstanding at April 1, 2018	211,255		$	21.66
Granted	201,013		$	14.46
Vested	(21,320	)	$	26.65
Canceled	(39,215	)	$	17.88
Forfeited	(54,560	)	$	19.25
Outstanding at March 31, 2019	297,173		$	17.37	2.1 years

The fair value of each stock option granted was estimated on the date of grant using the Black-Scholes option valuation model with the following average assumptions:



	For the Years Ended March 31,
	2019		2018		2017
Expected dividend yield at time of grant	5.97	%	2.91	%	2.91	%
Expected stock price volatility	31	%	34	%	35	%
Risk-free interest rate	3.22	%	2.21	%	1.66	%
Expected life of option (in years)	6.3		6.3		4.8

The fair value of each market-based RSU granted during fiscal 2017 was estimated on the date of grant using a Monte Carlo simulation model with the following assumptions:



	March 31, 2017
Expected dividend yield at time of grant	2.99	%
Expected stock price volatility	33	%
Risk-free interest rate	1.20	%