Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2013

Stock-Based Compensation [Abstract]

Assumptions used in determining fair value of options

The fair value of the option awards is estimated on the date of grant using the Black-Scholes option valuation model with the following assumptions for stock options granted in fiscal 2013, 2012 and 2011:

	2013			2012			2011
Weighted average fair value of options	$	4.26		$	10.45		$	6.43
Expected life of awards in years		6.3			6.3			6.3
Risk-free interest rate		0.9	%		1.9	%		2.4	%
Expected volatility of the Company's stock		87.4	%		79.6	%		78.0	%
Expected dividend yield on the Company's stock		0.0	%		0.0	%		0.0	%

Summary of the stock option activity

A summary of stock option activity for fiscal 2013 was as follows:

						Weighted average
				Weighted average		remaining contractual		Aggregate
	Shares			exercise price		term (years)		intrinsic value
Outstanding, April 1, 2012		1.8		$	16.37
Granted		0.2			5.79
Exercised		-			5.01
Forfeited or expired		(0.3	)		21.78
Outstanding, March 31, 2013		1.7		$	14.03		5.6	$	2.6
Exercisable, March 31, 2013		1.5		$	15.15		5.0	$	2.0

Information related to stock options exercised

Additional information related to stock options exercised during fiscal 2013, 2012 and 2011 were as follows:

	2013		2012		2011
Intrinsic value of stock options exercised	$	0.1	$	0.2	$	0.7
Proceeds from stock options exercised	$	0.1	$	0.5	$	1.5

Summary of the restricted stock activity

Restricted Stock: A summary of restricted stock activity for fiscal 2013 was as follows:

				Weighted
				average
	Shares			price
Non-vested balance, April 1, 2012		0.2		$	8.49
Granted		0.5			6.07
Vested		(0.2	)		6.77
Non-vested balance, March 31, 2013		0.5		$	6.91