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Stock Compensation (Tables)
 12 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table presents the weighted-average valuation assumptions used for the recognition of stock compensation expense for the LTIP NQSOs granted:
 
 
2018 LTIP NQSOs
 
2017 LTIP NQSOs
Expected life (in years)
 
4.90

 
5.94

Expected volatility
 
38.73
%
 
41.80
%
Risk free interest rate
 
1.78
%
 
1.95
%
Dividend yield
 
—
%
 
—
%
Weighted-average exercise price
 
$
69.29

 
$
61.86

Weighted-average option value
 
$
25.03

 
$
26.27
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan
The table below summarizes the components of stock compensation expense recognized in the consolidated statements of comprehensive income (loss):
 
Years Ended March 31,
 
2019
 
2018
 
2017
Stock-based compensation expense
 
 
 
 
 
Annual RSUs
$
6,588

 
$
7,761

 
$
5,191

Annual PSUs
2,373

 
1,829

 
1,203

2007 LTIP SARs
—

 
—

 
(1,949
)
LTIP PSUs
885

 
—

 
(296
)
LTIP NQSOs
3,516

 
3,432

 
694

Grants to Directors
1,223

 
1,135

 
1,168

Subtotal
14,585

 
14,157

 
6,011

Other stock compensation
 
 
 
 
 
Employee Stock Purchase Plan*
189

 
150

 
164

Total stock compensation expense, pretax
14,774

 
14,307

 
6,175

Income tax benefit
(3,546
)
 
(4,906
)
 
(2,322
)
Total stock compensation expense, net of tax
$
11,228

 
$
9,401

 
$
3,853


*The 2015 Employee Stock Purchase Plan authorizes 1,000,000 shares of the Company’s common stock for sale to eligible employees using their after-tax payroll deductions. Each consecutive purchase period is six months (purchase period) in duration and shares are purchased on the last trading day of the purchase period at a price that reflects a 15% discount to the closing price on that date. Purchase windows take place in February and August of each fiscal year. The net difference between the timing of compensation expense incurred during the purchase period and purchase windows are recorded in other accrued expenses in the consolidated balance sheets.
Schedule of Unrecognized Compensation Cost, Nonvested Awards
The table below summarizes the total remaining unrecognized stock compensation expense as of March 31, 2019 related to non-vested awards that the Company considers probable to vest and the weighted-average period over which the cost is expected to be recognized in future periods:
 
Unrecognized
Stock Compensation
Expense
 
Weighted-Average
Remaining
Vesting Period (Years)
Annual RSUs
$
6,391

 
1.0
Annual PSUs
2,689

 
1.1
LTIP PSUs
3,751

 
2.0
LTIP NQSOs
1,641

 
1.0
Total
$
14,472

 
 
Schedule of Nonvested Stock Units Activity
The table below summarizes activity for LTIP PSUs:
 
Number of
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested as of March 31, 2018
—

 
$
—

Granted
83,586

 
120.24

Forfeited
(6,488
)
 
120.24

Nonvested as of March 31, 2019
77,098

 
$
120.24

The table below summarizes Annual RSU and Annual PSU activity:
 
Number of
Shares
 
Weighted-
Average
Grant-Date
Fair Value
Nonvested as of March 31, 2018
289,297

 
$
65.18

Granted
94,063

 
116.68

Vested
(118,903
)
 
64.39

Forfeited
(33,058
)
 
77.60

Nonvested as of March 31, 2019
231,399

 
$
84.75
Share-based Compensation, Stock Options, Activity
The table below summarizes LTIP NQSO activity:
 
Number of
Shares
 
Weighted-
Average
Grant-Date
Fair Value
 
Weighted-
Average
Remaining
Contractual
Term
(Years)
 
Aggregate
Intrinsic
Value
Nonvested as of March 31, 2018
397,340

 
$
65.70

 
7.1
 
$
9,666

Forfeited
(35,957
)
 
69.29

 
 
 
 
Nonvested as of March 31, 2019
361,383

 
$
65.35

 
6.2
 
$
29,504