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Stock-Based Compensation (Tables)

6 Months Ended

Sep. 30, 2023

Stock-Based Compensation [Abstract]

Fair Value of Stock-Based Compensation Awards

The weighted-average fair value of stock-based compensation awards granted during the six months ended September 30, 2023 and 2022 were as follows:

		Six months ended September 30,
		2023								2022
						Fair Value								Fair Value
		Shares				Per Award				Shares				Per Award
Performance stock awards			0.3			$	27.29				-				-
Restricted stock awards			0.1			$	33.19				0.4			$	12.51
Stock options			-				-				0.2			$	6.97

Unrecognized Compensation Expense Related to Non-Vested Stock-Based Compensation Awards

As of September 30, 2023, unrecognized compensation expense related to non-vested stock-based compensation awards, which will be recognized as expense over the remaining service periods, was as follows:

		Unrecognized Compensation Expense				Weighted-Average Remaining Service Period in Years
Performance stock awards		$	13.3				2.5
Restricted stock awards			8.0				1.9
Stock options			1.6				1.6
Total		$	22.9				2.2

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- Definition

Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement.

+ References

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-Topic 718
-SubTopic 10
-Subparagraph (i)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
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Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year.

+ References

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

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