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Subsequent Events | 12 Months Ended
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Mar. 31, 2017
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Share based compensation: On May 8, 2017, the Compensation Committee of our Board of Directors granted 35,593 performance share units, 54,269 RSUs and stock options to acquire 180,211 shares of our common stock to certain executive officers and employees under the Plan. Performance share units are earned based on achievement of the Performance Objectives set by the Compensation Committee and, if earned, vest in their entirety on the three-year anniversary of the date of grant. RSUs vest either 33.3% per year over three years or in their entirety on the three-year anniversary of the date of grant. Upon vesting, both performance share units and RSUs will be settled in shares of our common stock. The stock options will vest 33.3% per year over three years and are exercisable for up to ten years from the date of grant. These stock options were granted at an exercise price of $56.11 per share, which is equal to the closing price for our common stock on the date of the grant. Except in cases of death, disability or retirement, termination of employment prior to vesting will result in forfeiture of the unvested performance share units, RSUs and the stock options. Vested stock options will remain exercisable by the employee after termination, subject to the terms of the Plan.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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