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COMPUTATION OF EARNINGS PER SHARE (Tables)
9 Months Ended
Dec. 31, 2023
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,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Weighted-Average Shares of Common Stock Outstanding

 

 

34,466,141

 

 

 

36,336,056

 

 

 

34,931,378

 

 

 

37,149,927

 

Effect of Dilutive Shares

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

305,842

 

 

 

424,949

 

 

 

312,723

 

 

 

424,642

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(169,413

)

 

 

(294,478

)

 

 

(170,910

)

 

 

(305,741

)

Restricted Stock Units

 

 

147,151

 

 

 

139,455

 

 

 

128,467

 

 

 

126,758

 

Weighted-Average Common Stock and Dilutive Securities Outstanding

 

 

34,749,721

 

 

 

36,605,982

 

 

 

35,201,658

 

 

 

37,395,586

 

Shares Excluded Due to Anti-Dilution Effects

 

 

5,558

 

 

 

66,802

 

 

 

22,145

 

 

 

46,736