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Stock-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Summary Of Stock Option Activity
The following table summarizes the Company’s stock option activity in the years indicated:
 
 
 
Number of
Options
 
Weighted-
Average
Remaining
Contract
Term (Years)
 
Weighted-
Average
Exercise
Price
 
Aggregate
Intrinsic
Value
Options outstanding as of March 31, 2017
 
451,668

 
8.4
 
$
62.29

 
$
7,520

Granted
 
169,703

 
 
 
83.14

 

Exercised
 
(62,197
)
 
 
 
63.44

 
1,132

Forfeited
 
(11,495
)
 
 
 
70.22

 
75

Expired
 
(2,089
)
 

 
18.25

 
137

Options outstanding as of March 31, 2018
 
545,590

 
8.4
 
$
68.65

 
$
2,679

Granted
 
192,700

 
 
 
75.17

 

Exercised
 
(171,630
)
 
 
 
63.66

 
2,707

Forfeited
 
(11,754
)
 
 
 
75.17

 

Options outstanding as of March 31, 2019
 
554,906

 
8.0
 
$
72.31

 
$
1,040

Granted
 
284,109

 
 
 
57.75

 

Exercised
 
(24,826
)
 
 
 
57.60

 
383

Forfeited
 
(22,607
)
 
 
 
72.19

 
88

Options outstanding as of March 31, 2020
 
791,582

 
7.8
 
$
67.55

 
$

Options exercisable as of March 31, 2020
 
350,660

 
6.4
 
$
70.65

 
$

Options vested and expected to vest, as of March 31, 2020
 
777,307

 
7.8
 
$
67.66

 
$


Summary Of Information Regarding Stock Options Outstanding And Exercisable
The following table summarizes information regarding stock options outstanding as of March 31, 2020:
 
 
 
 
Range of Exercise Prices
 
Number of
Options
 
Weighted-
Average
Remaining
Contractual Life (Years)
 
Weighted-
Average
Exercise Price
$55.00-$60.00
 
391,986

 
8.4
 
$
57.71

$65.01-$70.00
 
73,368

 
4.8
 
$
68.82

$75.01-$83.14
 
326,228

 
7.6
 
$
79.10

 
 
791,582

 
7.8
 
$
67.55


Summary Of The Changes In Restricted Stock Units And Market Share Units

A summary of the changes in restricted stock units, TSRs and PSUs awarded to employees and directors that were outstanding under the Company’s equity compensation plans during fiscal 2020 is presented below:

 
 
Restricted Stock Units (RSU)
 
Market condition-based Share Units (TSR)
 
Performance condition-based Share Units (PSU)
 
 
Number of
RSU
 
Weighted-
Average
Grant Date
Fair Value
 
Number of
TSR
 
Weighted-
Average
Grant Date
Fair Value
 
Number of
PSU
 
Weighted-
Average
Grant Date
Non-vested awards as of March 31, 2019
 
721,647

 
$
57.72

 
352,584

 
$
72.83

 
42,526

 
$
68.48

Granted
 
342,930

 
58.05

 
51,063

 
62.00

 
62,512

 
50.65

Stock dividend
 
9,108

 
55.83

 
2,226

 
81.97

 
990

 
58.74

Performance factor
 

 

 

 

 

 

Vested
 
(169,486
)
 
70.18

 
(172,314
)
 
59.95

 

 

Forfeitures
 
(23,864
)
 
69.56

 
(24,839
)
 
74.83

 
(4,898
)
 
65.78

Non-vested awards as of March 31, 2020
 
880,335

 
$
55.61

 
208,720

 
$
80.78

 
101,130

 
$
57.49