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INCOME TAXES
6 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]  
INCOME TAXES

(K) INCOME TAXES

Income taxes for the interim period presented have been included in the accompanying financial statements on the basis of an estimated annual effective tax rate. In addition to the amount of tax resulting from applying the estimated annual effective tax rate to pre-tax income, we will, when appropriate, include certain items treated as discrete events to arrive at an estimated overall tax amount. The effective tax rate for the six months ended September 30, 2017 was approximately 31%, which was lower than the effective tax rate of 33% for the six months ended September 30, 2016, primarily due to the discrete benefit of approximately $2.7 million related to share based compensation, in accordance with ASU 2016-09.