Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2019

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:

	Years ended March 31,
	2019			2018			2017
Fair value of options	$	7.81		$	7.30		$	4.60
Expected life of awards in years		6.3			6.4			6.4
Risk-free interest rate		2.8	%		1.9	%		1.4	%
Expected volatility of the Company’s stock		39.7	%		44.3	%		45.5	%
Expected dividend yield on the Company’s stock		0.0	%		0.0	%		0.0	%

Summary of Stock Option Activity

A summary of stock option activity for fiscal 2019 was as follows:

	Shares			Weighted-average exercise price		Weighted-average remaining contractual term (years)		Aggregate intrinsic value
Outstanding, beginning		1.2		$	11.16
Granted		0.2			17.90
Exercised		(0.1	)		9.93
Forfeited or expired		(0.1	)		14.51
Outstanding, ending		1.2		$	12.24		5.5	$	3.3
Exercisable, March 31, 2019		0.8		$	10.59		4.0	$	2.9

Information Related to Stock Options Exercised

Additional information related to stock options exercised is as follows:

	Years ended March 31,
	2019		2018		2017
Intrinsic value of stock options exercised	$	0.7	$	4.9	$	0.5
Proceeds from stock options exercised		1.1		4.3		0.9

Summary of Restricted Stock Activity

A summary of restricted stock activity for fiscal 2019 was as follows:

	Shares			Weighted-average price
Non-vested balance, beginning		0.6		$	12.24
Granted		0.3			17.72
Vested		(0.3	)		13.75
Forfeited		(0.1	)		15.03
Non-vested balance, ending		0.5		$	14.95