Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2016

Stock-Based Compensation [Abstract]

Assumptions used in determining fair value of options

The Company estimated the fair value of option awards on the date of grant using the Black-Scholes option valuation model and the following assumptions:

	2016			2015			2014
Weighted-average fair value of options	$	7.11		$	10.21		$	7.76
Expected life of awards in years		6.3			6.3			6.3
Risk-free interest rate		1.9	%		2.1	%		1.3	%
Expected volatility of the Company's stock		66.9	%		76.1	%		88.7	%
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 2016 was as follows:

	Shares			Weighted-average exercise price		Weighted-average remaining contractual term (years)		Aggregate intrinsic value
Outstanding, beginning		1.5		$	11.99
Granted		0.2			11.39
Exercised		(0.1	)		5.82
Forfeited or expired		(0.1	)		27.33
Outstanding, ending		1.5		$	10.82		5.3	$	3.0
Exercisable, March 31, 2016		1.1		$	10.41		4.3	$	3.0

Information related to stock options exercised

Additional information related to stock options exercised during fiscal 2016, 2015, and 2014 was as follows:

	2016		2015		2014
Intrinsic value of stock options exercised	$	0.4	$	0.4	$	1.1
Proceeds from stock options exercised	$	0.5	$	0.6	$	1.1

Summary of the restricted stock activity

A summary of restricted stock activity for fiscal 2016 was as follows:

	Shares			Weighted- average price
Non-vested balance, beginning		0.7		$	10.68
Granted		0.3			11.18
Vested		(0.4	)		10.01
Non-vested balance, ending		0.6		$	11.29