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Stock-Based Compensation (Tables)
3 Months Ended
Jun. 30, 2015
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]  
Stock-Based Compensation Expense Recognized [Table Text Block]
The following table summarizes stock-based compensation expense recognized by the Company for the three months ended June 30, 2015 and 2014:
 
Three Months Ended
 
June 30,
(In thousands)
2015
 
2014
Stock-based compensation expense related to:
 
 
 
Equity Incentive Plan (a)
$
12,495

 
$
13,772

Employee Stock Purchase Plan - options to purchase stock
1,155

 
1,058

 
13,650

 
14,830

Tax benefit
(4,964
)
 
(5,509
)
Stock-based compensation expense, net of tax
$
8,686

 
$
9,321


___________________
(a)
Stock-based compensation expense related to stock options granted under the Company’s Equity Incentive Plan is highest during the Company’s fiscal first quarter ended June 30th relative to other quarters during the year. This is primarily due to a retirement-eligible vesting provision under the plan and the timing of the majority of the Company’s stock option awards each year during its fiscal first quarter.
Summary of Stock Option Activity [Table Text Block]
The following table summarizes the stock option activity during the three months ended June 30, 2015:
(In thousands, except per share amounts)
Number of Stock Options
 
Weighted-Average
Exercise Price
Outstanding at March 31, 2015
4,974

 
$
79.76

Granted
963

 
$
103.62

Exercised
(178
)
 
$
45.74

Forfeited
(26
)
 
$
98.22

Outstanding at June 30, 2015
5,733

 
$
84.73

Vested or expected to vest at June 30, 2015
5,701

 
$
84.62

Exercisable at June 30, 2015
3,492

 
$
73.15

ESPP - Purchase Option Activity [Table Text Block]
The following table summarizes the activity of the ESPP during the three months ended June 30, 2015:
(In thousands, except per share amounts)
Number of Purchase Options
 
Weighted-Average
Exercise Price
Outstanding at March 31, 2015
54

 
$
86.47

Granted
218

 
$
89.33

Exercised
(54
)
 
$
89.33

Outstanding at June 30, 2015
218

 
$
88.62