Income Taxes

6 Months Ended

Sep. 30, 2019

Income Tax Disclosure [Abstract]

Income Taxes

13.    Income Taxes

Income tax expense as a percentage of income from continuing operations before income tax expense was 24% and 22% in the quarters ended September 30, 2019 and September 30, 2018, respectively, and 23% and 21% for the six-month periods then ended, respectively. Typically these percentages vary from the U.S. statutory rate of 21% primarily due to varying effective tax rates at the Company's foreign subsidiaries, and the jurisdictional mix of taxable income for these subsidiaries.

The Company estimates that the effective tax rate related to continuing operations will be approximately 22% to 23% for fiscal 2020.

Refer to the Company’s consolidated financial statements included in its 2019 10-K for further information on income taxes.