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SHARE-BASED EMPLOYEE COMPENSATION (Tables)

6 Months Ended

Sep. 30, 2017

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Weighted-Average Assumptions Used to Value Option Awards

The weighted-average assumptions used in the Black-Scholes model to value the option awards in fiscal 2018 are as follows:

		Fiscal 2018
Dividend Yield			1.3%
Expected Volatility			36.3%
Risk Free Interest Rate			2.1%
Expected Life		6.0 years

Stock Option Activity

The following table represents stock option activity for the six months ended September 30, 2017:

		Number of Shares				Weighted- Average Exercise Price
Outstanding Options at Beginning of Period			1,323,379			$	66.07
Granted			119,986			$	100.20
Exercised			(388,675	)		$	58.95
Cancelled			(16,742	)		$	78.05
Outstanding Options at End of Period			1,037,948			$	72.49
Options Exercisable at End of Period			635,676			$	65.13
Weighted-Average Fair Value of Options Granted during    the Period		$	33.37

Stock Options Outstanding

The following table summarizes information about stock options outstanding at September 30, 2017:

		Outstanding Options												Exercisable Options
Range of Exercise Prices		Number of Shares Outstanding				Weighted - Average Remaining Contractual Life				Weighted - Average Exercise Price				Number of Shares Outstanding				Weighted - Average Exercise Price
$23.17 – $ 29.84			69,110				3.84			$	23.47				69,110			$	23.47
$33.43 – $ 37.34			108,582				4.71			$	33.93				108,582			$	33.93
$53.22 – $ 77.67			320,137				7.45			$	70.94				164,094			$	69.22
$79.73 – $ 106.00			540,119				7.82			$	87.43				293,890			$	84.18
			1,037,948				7.11			$	72.49				635,676			$	65.13

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
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-Section 50
-Paragraph 2
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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

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