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Stock-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2024

Stock-Based Compensation

Fair Value of Stock-Based Compensation Awards

The weighted-average fair value of stock-based compensation awards granted during the nine months ended December 31, 2024 and 2023 were as follows:

​

​	​	​	​	​	​	​	​	​	​	​
​		Nine months ended December 31,
​	​	2024				​	2023
​	​	​	​	Fair Value		​	​	​	Fair Value
​	​	Shares		Per Award			Shares		Per Award
Performance stock awards		0.1	​	$	103.98		0.3	​	$	27.52
Restricted stock awards		0.1	​	$	110.99		0.2	​	$	37.59

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

As of December 31, 2024, 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		​	Weighted-Average
​	​	Compensation		​	Remaining Service
​		Expense			Period in Years
Performance stock awards	​	$	26.6		2.0
Restricted stock awards	​		7.8		1.7
Stock options	​		0.3		0.5
Total	​	$	34.7		1.9

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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.

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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.

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