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Capital Stock (Tables)
 6 Months Ended
Sep. 30, 2018
Equity and Share-based Compensation [Abstract]  
Common Shares Reserved For Future Issuance
The table below outlines common shares reserved for future issuance:
 
 
September 30,
2018
 
March 31,
2018
 
(Amounts in millions)
Stock options and equity-settled SARs outstanding
33.8

 
32.1

Restricted stock and restricted share units — unvested
2.3

 
2.2

Common shares available for future issuance under the 2017 Plan (as defined below)
8.1

 
10.3

Shares issuable upon conversion of April 2013 1.25% Notes
—

 
2.1

Shares reserved for future issuance
44.2

 
46.7
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense
Share-based compensation expense, by expense category, consisted of the following:
 
Three Months Ended
 
Six Months Ended
 
September 30,
 
September 30,
 
2018
 
2017
 
2018
 
2017
 
(Amounts in millions)
Share-Based Compensation Expense:
 
 
 
 
 
 
 
Direct operating
$
0.3

 
$
0.2

 
$
0.5

 
$
0.5

Distribution and marketing
0.1

 
0.2

 
0.1

 
0.4

General and administration
14.7

 
23.2

 
29.6

 
46.5

 
$
15.1

 
$
23.6

 
$
30.2

 
$
47.4

The Company recognized the following share-based compensation expense during the three and six months ended September 30, 2018, and 2017:
 
 
Three Months Ended
 
Six Months Ended
 
September 30,
 
September 30,
 
2018
 
2017
 
2018
 
2017
 
(Amounts in millions)
Compensation Expense:
 
 
 
 
 
 
 
Stock options
$
6.7

 
$
11.7

 
$
13.5

 
$
24.0

Restricted share units and other share-based compensation
7.2

 
9.9

 
13.9

 
20.2

Share appreciation rights
1.2

 
2.0

 
2.8

 
3.2

 
15.1

 
23.6

 
30.2

 
47.4

Tax impact(1)
(3.4
)
 
(8.3
)
 
(6.9
)
 
(16.8
)
Reduction in net income
$
11.7

 
$
15.3

 
$
23.3

 
$
30.6


___________________
(1)
Represents the income tax benefit recognized in the statements of operations for share-based compensation arrangements.
Schedule of Stock Option, Equity-Settled SARs, Restricted Stock and Restricted Share Unit Activity
The following table sets forth the stock option, equity-settled SARs, restricted stock and restricted share unit activity during the six months ended September 30, 2018:

 
Stock Options and Equity-Settled SARs
 
Restricted Stock and Restricted Share Units
 
Class A Voting Shares
 
Class B Non-Voting Shares
 
Class A Voting Shares
 
Class B Non-Voting Shares
 
Number of Shares
 
Weighted-Average Exercise Price
 
Number of Shares
 
Weighted-Average Exercise Price
 
Number of Shares
 
Weighted-Average Grant-Date Fair Value
 
Number of Shares
 
Weighted-Average Grant-Date Fair Value
Outstanding at March 31, 2018
8,636,437

 
$26.93
 
23,463,115

 
$20.56
 
230,561

 
$28.49
 
2,001,049

 
$27.97
Granted
130,832

 
$25.96
 
2,508,991

 
$23.91
 
15,939

 
$23.19
 
594,476

 
$23.15
Options exercised or restricted stock or RSUs vested
(18,719
)
 
$21.85
 
(262,981
)
 
$15.18
 
(121,651
)
 
$29.89
 
(291,750
)
 
$28.17
Forfeited or expired
(229,138
)
 
$35.25
 
(448,511
)
 
$30.83
 
(11,823
)
 
$25.69
 
(77,763
)
 
$27.35
Outstanding at September 30, 2018
8,519,412

 
$26.70
 
25,260,614

 
$20.78
 
113,026

 
$26.53
 
2,226,012

 
$26.68