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Stockholders' Equity (Tables)
6 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders' Equity [Table Text Block]
Changes in stockholders’ equity were as follows:
(In thousands of shares)
Shares of
Common
Stock $0.01
Par Value
 
Shares of
Treasury
Stock
Balance at March 31, 2014
87,353

 
(13,264
)
Common stock issuance (a)
103

 
 
Reissuance of treasury stock for stock option exercises
 
 
381

Reissuance of treasury stock for acquisition
 
 
41

Balance at September 30, 2014
87,456

 
(12,842
)
(In thousands)
Common
Stock
 
Capital in
Excess of
Par Value
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Treasury
Stock
 
Total
Stockholders’
Equity
Balance at March 31, 2014
$
874

 
$
789,789

 
$
2,047,843

 
$
529

 
$
(998,386
)
 
$
1,840,649

Net earnings
 
 
 
 
187,164

 
 
 
 
 
187,164

Other comprehensive income (loss), net of tax
 
 
 
 
 
 
(2,653
)
 
 
 
(2,653
)
Common stock issuances and reissuances of treasury stock - employee benefit plans (b) 
1

 
7,626

 
(7,436
)
 
 
 
28,633

 
28,824

Reissuance of treasury stock for acquisition (Note 3)
 
 
1,368

 
 
 
 
 
3,090

 
4,458

Excess tax benefit from stock option exercises
 
 
5,091

 
 
 
 
 
 
 
5,091

Dividends paid on common stock ($1.10 per share)
 
 
 
 
(81,942
)
 
 
 
 
 
(81,942
)
Stock-based compensation (c)
 
 
20,833

 
 
 
 
 
 
 
20,833

Balance at September 30, 2014
$
875

 
$
824,707

 
$
2,145,629

 
$
(2,124
)
 
$
(966,663
)
 
$
2,002,424

___________________
(a) 
Issuance of common stock for purchases through the Employee Stock Purchase Plan.
(b) 
Issuance of common stock for purchases through the Employee Stock Purchase Plan and reissuance of treasury stock for stock option exercises.
(c) 
The Company recognized compensation expense with a corresponding amount recorded to capital in excess of par value.
Gross and Net Changes in the Balances within Each Component of AOCI [Table Text Block]
The following table presents the gross and net changes in the balances within each component of accumulated other comprehensive income (“AOCI”) for the six months ended September 30, 2014.
(In thousands)
Foreign Currency
Translation
Adjustments
 
Treasury Rate
Lock Agreement
 
Total Accumulated
Other Comprehensive
Income (Loss)
Balance at March 31, 2014
$
1,018

 
$
(489
)
 
$
529

Other comprehensive income (loss) before reclassifications
(2,816
)
 

 
(2,816
)
Amounts reclassified from AOCI (d)

 
259

 
259

Tax effect of other comprehensive income items

 
(96
)
 
(96
)
Other comprehensive income (loss), net of tax
(2,816
)
 
163

 
(2,653
)
Balance at September 30, 2014
$
(1,798
)
 
$
(326
)
 
$
(2,124
)
___________________
(d)
The reclassifications out of AOCI were associated with a loss on a treasury rate lock agreement from July 2010 related to the issuance of the Company’s $250 million of 3.25% senior notes maturing on October 1, 2015 (the “2015 Notes”), which is being reclassified into earnings (interest expense) over the term of the 2015 Notes. The effects on the respective line items of the consolidated statements of earnings impacted by the reclassifications were not material for the six months ended September 30, 2014 and 2013.