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Incentive Compensation Plans (Tables)
12 Months Ended
Mar. 31, 2019
Schedule of Weighted Average Fair Value Assumptions

The following table summarizes the weighted average fair value of awards using the Black-Scholes and Monte Carlo Simulation option pricing models, as appropriate, and the weighted average assumptions used to develop the fair value estimates under each of the valuation models for the years ended March 31, 2019 and 2018.

 

Year Ended March 31, 2019:

   Time-Vesting
Options
    Exit-Vesting
Options
    Replacement
Exit-Vesting
Restricted Stock
 

Weighted average fair value of awards

   $ 9.78     $ 5.90     $ 12.80  

Expected dividend yield

     —       —       —  

Expected volatility

     52.5     52.9     62.2

Risk-free interest rate

     2.2     2.2     2.3

Expected term (years)

     4.5     5.1     1.9  

Year Ended March 31, 2018:

      

Weighted average fair value of awards

   $ 9.45     $ 6.53     $ 11.94  

Expected dividend yield

     —       —       —  

Expected volatility

     52.2     52.1     57.6

Risk-free interest rate

     2.7     2.7     2.4

Expected term (years)

     5.5       6.2       3.0  
Replacement Awards Issued Stock Options [Member]  
Schedule of Award Option Activity

The following table summarizes Replacement Award option activity for the year ended March 31, 2019:

 

     Replacement Time-
Vesting Options
     Weighted Average
Exercise Price
     Weighted Average
Remaining
Contractual Term
     Aggregate Intrinsic
Value
 

Outstanding at April 1, 2018

     4,867,284      $ 11.77        5.4      $ 35,137  

Granted

     —          —          —          —    

Exercised

     (204,641      10.70        —          1,695  

Expired

     —          —          —          —    

Forfeited

     (133,352                    741  

Outstanding at March 31, 2019

     4,529,291        11.76        4.4      $ 39,896  

Exercisable at March 31, 2019

     4,529,291        11.76        4.4      $ 39,896  
Replacement Exit-Vesting Restricted Stock [Member]  
Schedule of Replacement Exit Vesting Restricted Stock Activity

The following table summarizes Replacement Exit-Vesting Restricted Stock activity for the year ended March 31, 2019:

 

     Replacement
Exit-Vesting
Restricted
Stock
 

Unvested at April 1, 2018

     1,352,859  

Granted

     —    

Canceled

     (91,260

Vested

     —    

Unvested at March 31, 2019

     1,261,599  
Time Vesting Options and Exit Vesting Options [Member]  
Schedule of Award Option Activity

The following table summarized time-vesting and exit-vesting option activity for the year ended March 31, 2019:

 

    Awards     Weighted Average
Exercise Price
    Weighted Average
Remaining
Contractual
Term
    Aggregate
Intrinsic Value
 
    Time-
Vesting
Options
    Exit-
Vesting
Options
    Time-
Vesting
Options
    Exit-
Vesting
Options
    Time-
Vesting
Options
    Exit-
Vesting
Options
    Time-
Vesting
Options
    Exit-
Vesting
Options
 

Outstanding at April 1, 2018

    6,647,249       6,639,286     $ 18.99     $ 18.99       8.9       8.9     $ —       $ —    

Granted

    2,001,544       1,980,056       18.99       18.99       9.2       9.2       —         —    

Exercised

    —         —         —         —         —         —         —         —    

Expired

    —         —         —         —         —         —         —         —    

Forfeited

    (1,660,390     (2,114,798     18.99       18.99       —         —         —         —    

Outstanding at March 31, 2019

    6,988,403       6,504,544       18.99       18.99       8.0       8.0       11,058       10,292  

Exercisable at March 31, 2019

    3,119,299       —       $ 18.99     $ —         8.0       —       $ 4,936     $ —