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Share-Based Compensation Level 3 (Tables)
9 Months Ended
Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Assumptions Used
The following weighted-average assumptions were used for options granted during the first nine months of fiscal 2014 and fiscal 2013: 
 
 
Fiscal 2014
 
Fiscal 2013
Risk-free interest rate
 
0.95
%
 
1.21%
Expected life of options
 
5.70 years
 
5.79 years
Expected dividend yield of stock
 
2.22
%
 
2.15%
Expected volatility of stock
 
31.22
%
 
31.24%
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding
A summary of share option activity is as follows:
 
 
 
Number of
Options
 
Weighted
Average
Exercise
Price
 
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding at March 31, 2013
 
2,657,133

 
$
28.40

 
 
 
 
Granted
 
322,710

 
45.26

 
 
 
 
Exercised
 
(454,301
)
 
25.89

 
 
 
 
Forfeited
 
(17,350
)
 
35.50

 
 
 
 
Canceled
 
(450
)
 
23.62

 
 
 
 
Outstanding at December 31, 2013
 
2,507,742

 
$
30.98

 
5.70 years
 
$
42,803

Exercisable at December 31, 2013
 
1,819,558

 
$
28.29

 
4.65 years
 
$
35,948

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of the non-vested restricted share activity is presented below: 
 
 
Number of
Restricted
Shares
 
Number of Restricted Share Units
 
Weighted-Average
Grant Date
Fair Value
Non-vested at March 31, 2013
 
737,343

 

 
$
32.81

Granted
 
253,136

 
32,796

 
45.19

Vested
 
(61,719
)
 
(17,470
)
 
37.33

Canceled
 
(26,203
)
 

 
34.64

Non-vested at December 31, 2013
 
902,557

 
15,326

 
$
36.22