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Share-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Restricted Shares
A summary of the RSUs granted under the Plan is presented below:
 
 
 
RSUs
 
 
Shares
(in thousands)
 
Weighted
Average
Grant-Date
Fair Value
Nine Months Ended December 31, 2017
 
 
 
 
Vested and nonvested at March 31, 2017
 
350.1

 
$
39.29

Granted
 
105.8

 
55.61

Vested and issued
 
(53.3
)
 
34.30

Forfeited
 
(8.8
)
 
48.49

Vested and nonvested at December 31, 2017
 
393.8

 
44.14

Vested at December 31, 2017
 
90.5

 
29.88

 
 
 

 
 

Nine Months Ended December 31, 2018
 
 
 
 
Vested and nonvested at March 31, 2018
 
393.5

 
$
44.13

Granted
 
226.4

 
30.09

Vested and issued
 
(175.8
)
 
43.05

Forfeited
 
(31.1
)
 
48.32

Vested and nonvested at December 31, 2018
 
413.0

 
36.58

Vested at December 31, 2018
 
113.2

 
31.05

Fair Value of Options Granted
The weighted average grant-date fair values of the options granted during the nine months ended December 31, 2018 and 2017 were $10.22 and $21.20, respectively.
 
 
Nine Months Ended December 31,
 
 
2018
 
2017
Expected volatility
 
29.6
%
 
35.2
%
Expected dividends
 
$

 
$

Expected term in years
 
6.0

 
6.0

Risk-free rate
 
2.9
%
 
2.2
%
Stock Option Activity
A summary of option activity under the Plan is as follows:
 
 
 
 
Options
 
 
 
Shares
(in thousands)
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term (years)
 
Aggregate
Intrinsic
Value
(in thousands)
Nine Months Ended December 31, 2017
 
 
 
 
 
 
 
 
Outstanding at March 31, 2017
 
772.3

 
$
37.70

 
 
 
 
Granted
 
182.8

 
56.11

 
 
 
 
Exercised
 
(51.0
)
 
28.76

 
 
 
 
Forfeited or expired
 
(22.1
)
 
48.15

 
 
 
 
Outstanding at December 31, 2017
 
882.0

 
41.77

 
7.2
 
$
7,019

Exercisable at December 31, 2017
 
502.9

 
32.50

 
6.1
 
$
6,884

 
 
 
 
 
 
 
 
 
Nine Months Ended December 31, 2018
 
 

 
 

 
 
 
 

Outstanding at March 31, 2018
 
873.2

 
$
41.79

 
 
 
 
Granted
 
294.5

 
29.46

 
 
 
 
Exercised
 
(97.7
)
 
30.02

 
 
 
 
Forfeited or expired
 
(125.4
)
 
47.16

 
 
 
 
Outstanding at December 31, 2018
 
944.6

 
38.45

 
7.2
 
$
2,477

Exercisable at December 31, 2018
 
499.4

 
37.87

 
5.8
 
$
2,076