Stock-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2013

Fair market value of stock-based compensation awards

The fair market value of stock-based compensation awards granted during the nine months ended December 31, 2013 and 2012 were as follows:

	Nine months ended December 31,
	2013				2012
			Fair Value				Fair Value
	Shares		Per Award		Shares		Per Award
Stock options		0.2	$	7.76		0.2	$	4.26
Restricted stock - retention		0.3		10.40		0.4		5.80
Restricted stock - performance based		0.2		10.40		0.4		5.75
Unrestricted stock		0.1		14.53		0.1		7.14

Assumptions used in determining fair value of options

The following assumptions were used in determining the fair value for stock options:

	Nine months ended December 31,
	2013			2012
Expected life of awards in years		6.3			6.3
Risk-free interest rate		1.3	%		0.9	%
Expected volatility of the Company's stock		88.7	%		87.4	%
Expected dividend yield on the Company's stock		0.0	%		0.0	%

Unrecognized compensation cost related to non-vested stock-based compensation awards

As of December 31, 2013, the total remaining unrecognized compensation cost related to non-vested stock-based compensation awards, which will be amortized over the remaining service periods, was as follows:

	Unrecognized Compensation Cost		Weighted Average Remaining Service Period in Years
Stock options	$	1.5		2.7
Restricted stock - retention		4.3		2.9
Restricted stock - performance based		2.3		2.1
Total	$	8.1		2.6