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COMPUTATION OF EARNINGS PER SHARE (Tables)
3 Months Ended
Jun. 30, 2017
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 June 30,

 

 

 

2017

 

 

2016

 

Weighted-Average Shares of Common Stock

   Outstanding

 

 

48,121,890

 

 

 

48,014,195

 

Common Equivalent Shares:

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

1,259,741

 

 

 

1,039,189

 

Less: Shares Repurchased from Assumed Proceeds

   of Assumed Exercised Options

 

 

(928,723

)

 

 

(715,139

)

Restricted Shares

 

 

202,645

 

 

 

183,962

 

Weighted-Average Common and Common Equivalent

   Shares Outstanding

 

 

48,655,553

 

 

 

48,522,207

 

Shares Excluded Due to Anti-dilution Effects

 

 

63,359

 

 

 

692,219