Stock-Based Compensation (Tables)

6 Months Ended

Sep. 30, 2014

Stock-Based Compensation [Abstract]

Fair market value of stock-based compensation awards

The fair market value of stock-based compensation awards granted during the six months ended September 30, 2014 and 2013 were as follows:

	Six months ended September 30,
	2014				2013
			Fair Value				Fair Value
	Shares		Per Award		Shares		Per Award
Stock options		0.1	$	10.21		0.2	$	7.76
Restricted stock - retention		0.2	$	14.94		0.3	$	10.40
Restricted stock - performance based		0.2	$	14.94		0.2	$	10.40
Unrestricted stock		0.1	$	14.83		-	$	-

Assumptions used in determining fair value of options

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

	Six months ended September 30,
	2014			2013
Expected life of awards in years		6.3			6.3
Risk-free interest rate		2.1	%		1.3	%
Expected volatility of the Company's stock		76.1	%		88.7	%
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 September 30, 2014, 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	$	2.2		3.1
Restricted stock - retention		5.8		2.9
Restricted stock - performance based		3.3		2.2
Total	$	11.3		2.7