XML 52 R40.htm IDEA: XBRL DOCUMENT
v3.24.3

Share-Based Compensation Share-Based Compensation (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Assumptions Used | The following weighted average assumptions were used for options granted during the first six months of fiscal 2025 and 2024:
|  | Fiscal 2025 |  | Fiscal 2024
Risk-free interest rate |  | 4.21 | % |  | 3.59 | %
Expected life of options |  | 6.1 years |  | 6.0 years
Expected dividend yield of stock |  | 0.94 | % |  | 1.08 | %
Expected volatility of stock |  | 28.42 | % |  | 27.92 | %
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding | A summary of share option activity is as follows:
|  | Number of Options |  | Weighted Average Exercise Price Per Share |  | Average Remaining Contractual Term |  | Aggregate Intrinsic Value
Outstanding at March 31, 2024 |  | 1,869,871 |  |  | $ | 168.22 |  |  |  |  |
Granted |  | 217,426 |  |  | 250.76 |  |  |  |  |
Exercised |  | (188,205) |  |  | 106.95 |  |  |  |  |
Forfeited |  | (7,008) |  |  | 237.49 |  |  |  |  |
Expired |  | (512) |  |  | 250.06 |  |  |  |  |
Outstanding at September 30, 2024 |  | 1,891,572 |  |  | $ | 183.52 |  |  | 6.2 years |  | $ | 115,080 |
Exercisable at September 30, 2024 |  | 1,322,218 |  |  | $ | 160.66 |  |  | 5.1 years |  | $ | 109,084 |
Share-based Compensation Arrangements by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest | A summary of the non-vested restricted share and share unit activity is presented below:
|  | Number of Restricted Shares |  | Number of Restricted Share Units |  | Weighted Average Grant Date Fair Value
Non-vested at March 31, 2024 |  | 463,381 |  |  | 28,348 |  |  | $ | 200.04 |
Granted |  | 156,202 |  |  | 16,367 |  |  | 228.77 |
Vested |  | (127,532) |  |  | (11,424) |  |  | 185.66 |
Forfeited |  | (30,490) |  |  | (1,573) |  |  | 206.80 |
Non-vested at September 30, 2024 |  | 461,561 |  |  | 31,718 |  |  | $ | 213.79 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assumption used to determine benefit obligation and net periodic benefit cost of defined benefit plan. Includes, but is not limited to, discount rate, rate of compensation increase, expected long-term rate of return on plan assets and interest crediting rate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 715 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (k) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480506/715-20-50-1 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (e)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding restricted stock units that are fully vested and expected to vest. Includes, but is not limited to, unvested restricted stock units for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (e)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockUnitsVestedAndExpectedToVestTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration