ACCOUNTING FOR STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2015

ACCOUNTING FOR STOCK-BASED COMPENSATION

Summary of stock-based compensation costs in the statements of operations and comprehensive income (loss)

	Three Months Ended				Six Months Ended
(In thousands)	September 30, 2015		September 30, 2014		September 30, 2015		September 30, 2014
Cost of sales and contracts	$	148	$	297	$	113	$	523
Selling, general and administrative	562		694		931		1,247
Total share-based compensation expense before tax	$	710	$	991	$	1,044	$	1,770

Summary of stock option activity

	Number of Shares		Weighted Average Exercise Price ($)		Weighted Average Contractual Life (years)	Aggregate Intrinsic Value
Options outstanding at March 31, 2015	191,834		$	66.03	2.88
Grants	—		—
Exercises	—		—			—
Cancellations	(4,721	)	56.92
Options outstanding at September 30, 2015	187,113		$	66.26	2.42
Options exercisable at September 30, 2015	187,113

Schedule of information related to stock options by exercise price range

Range of Exercise Prices	Number of Shares	Weighted-Average Remaining Contractual Life (years)	Weighted-Average Exercise Price ($)		Exercisable Number of Shares	Exercisable Weighted-Average Exercise Price ($)
$ 53.55-$60.00	24,450	0.07	$	53.55	24,450	$	53.55
$ 60.01-$75.82	162,663	2.78	68.17		162,663	68.17
$ 53.55-$75.82	187,113	2.42	$	66.26	187,113	$	66.26

Summary of the status of the non-vested restricted stock and stock unit awards

	Number of Shares		Weighted Average Grant Date Fair Value ($)
Outstanding at March 31, 2015	91,837		$	62.99
Granted	119,439		43.78
Vested	(15,332	)	58.95
Forfeited	(7,838	)	63.65
Outstanding at September 30, 2015	188,106		$	51.09