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COMPUTATION OF EARNINGS PER SHARE (Tables)
9 Months Ended
Dec. 31, 2020
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 December 31,

 

 

For the Nine Months Ended December 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Weighted-Average Shares of Common Stock Outstanding

 

 

41,494,149

 

 

 

41,314,289

 

 

 

41,451,801

 

 

 

42,246,329

 

Effect of Dilutive Shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assumed Exercise of Outstanding Dilutive Options

 

 

807,584

 

 

 

717,028

 

 

 

450,870

 

 

 

705,692

 

Less Shares Repurchased from Proceeds of Assumed Exercised Options

 

 

(650,819

)

 

 

(548,643

)

 

 

(344,307

)

 

 

(549,954

)

Restricted Stock Units

 

 

183,676

 

 

 

132,821

 

 

 

124,177

 

 

 

125,293

 

Weighted-Average Common Stock and Dilutive Securities Outstanding

 

 

41,834,590

 

 

 

41,615,495

 

 

 

41,682,541

 

 

 

42,527,360

 

Shares Excluded Due to Anti-dilution Effects

 

 

413,656

 

 

 

655,889

 

 

 

757,879

 

 

 

657,964