Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2014

Stock-Based Compensation [Abstract]

Assumptions used in determining fair value of options

We estimate the fair value of option awards on the date of grant using the Black-Scholes option valuation model with the following assumptions for stock options granted in fiscal 2014, 2013, and 2012:

	2014			2013			2012
Weighted average fair value of options	$	7.76		$	4.26		$	10.45
Expected life of awards in years		6.3			6.3			6.3
Risk-free interest rate		1.3	%		0.9	%		1.9	%
Expected volatility of the Company's stock		88.7	%		87.4	%		79.6	%
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 2014 was as follows:

	Shares			Weighted average exercise price		Weighted average remaining contractual term (years)		Aggregate intrinsic value
Outstanding, April 1, 2013		1.7		$	14.03
Granted		0.2			10.40
Exercised		(0.2	)		6.71
Forfeited or expired		(0.1	)		25.37
Outstanding, March 31, 2014		1.6		$	13.15		5.5	$	7.4
Exercisable, March 31, 2014		1.3		$	14.15		4.7	$	5.6

Information related to stock options exercised

Additional information related to stock options exercised during fiscal 2014, 2013, and 2012 is as follows:

	2014		2013		2012
Intrinsic value of stock options exercised	$	1.1	$	0.1	$	0.2
Proceeds from stock options exercised	$	1.1	$	0.1	$	0.5

Summary of the restricted stock activity

Restricted Stock:  A summary of restricted stock activity for fiscal 2014 is as follows:

	Shares			Weighted average price
Non-vested balance, April 1, 2013		0.5		$	6.91
Granted		0.3			10.95
Vested		(0.2	)		8.67
Non-vested balance, March 31, 2014		0.6		$	8.66