Stock-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2019

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Stock-based Compensation Expense

The Company recognized stock-based compensation expense in the following line items of the Condensed Consolidated Statements of Operations for the three months ended June 30, 2019 and 2018:

	Three Months Ended June 30,
	2019		2018
	(In thousands)
Component of income before income taxes:
Cost of goods sold	$	112	$	62
Selling expenses		56		36
General and administrative expenses		1,673		1,461
Total stock-based compensation expense	$	1,841	$	1,559

The following table summarizes stock-based compensation expense by award type for the three months ended June 30, 2019 and 2018:

	Three Months Ended June 30,
	2019		2018
	(In thousands)
Stock-based compensation expense:
Equity-classified Stock Options	$	551	$	773
Restricted Stock		642		543
Performance Units		372		—
Non-Employee Directors		276		243
Total stock-based compensation expense	$	1,841	$	1,559

Summary of Assumption Used in Estimate Fair Value of Stock Options

The following table summarizes the assumptions used in estimate the fair value of stock-options during the three months ended June 30, 2019:

	Three Months Ended June 30,
Common stock price	$27.44
Expected stock price volatility	30.9%
Risk-free interest rate	2.3%
Weighted-average expected option life (years)	6.0
Dividend yield	1.3%