STOCKHOLDERS EQUITY

6 Months Ended

Sep. 30, 2013

Equity [Abstract]

STOCKHOLDERS EQUITY

(D) STOCKHOLDERS’ EQUITY

A summary of changes in stockholders’ equity follows:

	For the Six Months Ended  September 30, 2013 (dollars in thousands)
Common Stock –
Balance at Beginning of Period	$	495
Stock Option Exercises		2
Balance at End of Period		497
Capital in Excess of Par Value –
Balance at Beginning of Period		224,053
Stock Compensation Expense		4,814
Shares Redeemed to Settle Employee Taxes		(435	)
Stock Option Exercises		3,404
Balance at End of Period		231,836
Retained Earnings –
Balance at Beginning of Period		478,664
Dividends Declared to Stockholders		(9,949	)
Net Earnings		70,004
Balance at End of Period		538,719
Accumulated Other Comprehensive Loss -
Balance at Beginning of Period		(7,042	)
Change in Funded Status of Pension Plan, net of tax		310
Balance at End of Period		(6,732	)
Total Stockholders’ Equity	$	764,320

There were no open market share repurchases during the three and six month periods ended September 30, 2013. As of September 30, 2013, we have authorization to purchase an additional 717,300 shares.