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Basic and Diluted Shares
 6 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Shares Basic and Diluted Shares
The reconciliation of basic to diluted weighted-average common shares outstanding was as follows:

 Three Months Ended September 30,Six Months Ended September 30,
 2022202120222021
Basic26,517,000 27,651,000 26,646,000 27,731,000 
Dilutive effect of equity awards165,000 245,000 169,000 247,000 
Diluted26,682,000 27,896,000 26,815,000 27,978,000 
Excluded
RSUs and PSUs45,000 2,000 47,000 10,000 
LTIP PSUs115,000 145,000 115,000 145,000 
Deferred Non-Employee Director Equity Awards2,000 — 2,000 — 
Excluded Awards. The equity awards excluded from the calculation of the dilutive effect have been excluded due to one of the following: (1) the shares were antidilutive; (2) the necessary conditions had not been satisfied for the shares to be deemed issuable based on the Company's performance for the relevant performance period; or (3) the Company recorded a net loss during the period presented (such that inclusion of these equity awards in the calculation would have been anti-dilutive). The number of shares stated for each of these excluded awards is the maximum number of shares issuable pursuant to these awards. For those awards subject to the achievement of performance criteria, the actual number of shares to be issued pursuant to such awards will be based on Company performance in future periods, net of forfeitures, and may be materially lower than the number of shares presented, which could result in a lower dilutive effect, respectively.