SHARE-BASED EMPLOYEE COMPENSATION (Tables)

3 Months Ended

Jun. 30, 2024

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Stock Option Activity

The following table represents stock option activity for the three months ended June 30, 2024:

	Number of Shares			Weighted- Average Exercise Price
Outstanding Options at March 31, 2024		252,364		$	91.28
Granted		3,926		$	238.27
Exercised		(424	)	$	132.70
Cancelled		—		$	—
Outstanding Options at June 30, 2024		255,866		$	93.23
Options Exercisable at June 30, 2024		217,398
Weighted-Average Fair Value of Options Granted During the Year	$	101.99

Stock Options Outstanding

The following table summarizes information about stock options outstanding at June 30, 2024:

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number of Shares Outstanding		Weighted- Average Remaining Contractual Life (in years)		Weighted- Average Exercise Price		Number of Shares Outstanding		Weighted- Average Exercise Price
$59.32 - $81.28		107,490		5.39	$	62.50		107,490	$	62.50
$87.37 - $106.24		75,608		4.02	$	94.15		73,750	$	94.07
$118.27 - $139.25		59,839		7.78	$	127.52		31,500	$	128.30
$143.09 - $238.27		12,929		8.74	$	184.69		4,658	$	149.25
		255,866		5.72	$	93.23		217,398	$	84.60

Summary of Activity for Restricted Stock Units and Nonvested Restricted Stock

The following table summarizes the activity for restricted stock units and nonvested restricted stock during the three months ended June 30, 2024:

	Number of Shares			Weighted-Average Grant Date Fair Value
Restricted Stock Units and Nonvested Restricted Stock at March 31, 2024		204,946		$	121.12
Granted		59,663		$	238.10
Vested		(14,923	)	$	178.58
Forfeited		—		$	—
Restricted Stock Units and Nonvested Restricted Stock at June 30, 2024		249,686		$	150.61

Fiscal 2025 Employee Performance Stock Awards [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]

Weighted-Average Assumptions Used to Value Option Awards

The fair value of the above Performance Stock Awards was determined using a Monte Carlo simulation. The following are key inputs in the Monte Carlo analysis for the Fiscal 2025 Employee Performance Stock Awards.

Measurement Period (in years)		2.85
Risk-Free Interest Rate		4.7	%
Dividend Yield		0.4	%
Volatility		31.4	%
Estimated Fair Value of Market-Based PSAs at Grant Date	$	238.27