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COMPUTATION OF EARNINGS PER SHARE (Tables)
9 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Common Shares Outstanding

The calculation of basic and diluted common shares outstanding is as follows:

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Weighted-Average Shares of Common Stock Outstanding

 

 

40,049,456

 

 

 

41,494,149

 

 

 

41,096,702

 

 

 

41,451,801

 

Effect of Dilutive Shares

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

492,344

 

 

 

807,584

 

 

 

568,699

 

 

 

450,870

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(296,670

)

 

 

(650,819

)

 

 

(362,568

)

 

 

(344,307

)

Restricted Stock Units

 

 

212,919

 

 

 

183,676

 

 

 

190,506

 

 

 

124,177

 

Weighted-Average Common Stock and Dilutive Securities Outstanding

 

 

40,458,049

 

 

 

41,834,590

 

 

 

41,493,339

 

 

 

41,682,541

 

Shares Excluded Due to Anti-dilution Effects

 

 

7,528

 

 

 

413,656

 

 

 

4,298

 

 

 

757,879