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Stock-based Compensation Plans (Tables) | 3 Months Ended
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Jun. 30, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract] |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | Stock options generally vest on each anniversary date of the original grant ratably over three years. Compensation expense attributed to stock options is based on the fair value of the awards on their respective grant dates, as determined using a Black-Scholes model. The assumptions used to determine the grant date fair value are indicated below.
| January 27, 2021 |  | December 2, 2020
Variables used in determining grant date fair value: |  |  |
Dividend yield | 2.01 | % |  | 2.01 | %
Risk-free rate | 0.66 | % |  | 0.66 | %
Expected term (in years) | 6.00 |  | 6.00

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- Definition 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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