XML 26 R15.htm IDEA: XBRL DOCUMENT v3.24.0.1
Equity-Based Compensation
9 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Equity-Based Compensation
9. Equity Based Compensation

Restricted Stock Awards

A summary of restricted stock activity for the nine months ended December 31, 2023 is presented below:

Total
Unvested
Weighted-
Average
Grant-Date
Fair Value of
Award
March 31, 2023377,668 $65.70 
Granted 15,890 $88.19 
Vested(19,119)$69.79 
Forfeited(14,402)$66.77 
December 31, 2023360,037 $66.44 

As of December 31, 2023, total unrecognized compensation expense related to restricted stock was $17,531.
Performance Awards

A summary of performance award activity for the nine months ended December 31, 2023 is presented below:
Total
Unvested
Weighted-
Average
Grant-Date
Fair Value of
Award
March 31, 2023528,282 $29.79 
Granted — $— 
Vested— $— 
Forfeited(26,088)$29.79 
December 31, 2023502,194 $29.79 

As of December 31, 2023, total estimated unrecognized expense related to the unvested performance awards was $11,092 and none of the performance awards have met their market price-based vesting condition.