Executive Stock Plans And Stock-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary Of Stock Option And SAR Activity

The following tables summarize the Company’s stock option and SAR activity and related information for fiscal years 2012 through 2014:



	Shares		Weighted-Average Exercise Price		Weighted-Average Contractual Term (in years)	Aggregate Intrinsic Value
Fiscal Year Ended March 31, 2012:
Outstanding at beginning of year	922,598		$	45.94
Granted	170,400		37.86
Exercised	(195,948	)	35.82
Cancelled/expired	(41,200	)	59.25
Outstanding at end of year	855,850		46.01

Fiscal Year Ended March 31, 2013:
Exercised	(407,758	)	41.21
Cancelled/expired	(29,615	)	54.83
Outstanding at end of year	418,477		50.07

Fiscal Year Ended March 31, 2014:
Exercised	(161,137	)	42.48
Outstanding at end of year	257,340		$	54.83	3.48	$	1,418

Exercisable at end of year	207,068		$	58.95	2.58	$	512
Expected to vest in future periods	50,272		$	37.86	7.20	$	906

Intrinsic Value And Fair Value Of SARs



	Fiscal Year Ended March 31,
	2014		2013		2012
Total intrinsic value of stock options and SARs exercised	$	2,816	$	4,249	$	1,745
Total fair value of SARs vested	$	769	$	1,460	$	1,713

Summary Of RSU, Restricted Stock, And PSA Activity

The following table summarizes the Company’s RSU, restricted stock, and PSA activity for fiscal years 2012 through 2014:



	RSUs				Restricted Stock				PSAs
	Shares		Weighted-Average Grant Date Fair Value		Shares		Weighted-Average Grant Date Fair Value		Shares		Weighted-Average Grant Date Fair Value
Fiscal Year Ended March 31, 2012:
Unvested at beginning of year	246,816		$	44.07	77,750		$	40.77	131,419		$	34.59
Granted	84,290		38.28		—		—		57,383		35.56
Vested	(39,827	)	35.94		(10,350	)	37.52		(44,352	)	45.96
Forfeited	—		—		—		—		(1,984	)	33.30
Unvested at end of year	291,279		43.72		67,400		41.91		142,466		31.45

Fiscal Year Ended March 31, 2013:
Granted	87,780		44.06		—		—		92,425		35.25
Vested	(86,925	)	52.42		(7,550	)	43.74		(94,725	)	29.67
Forfeited	—		—		—		—		(5,149	)	36.15
Unvested at end of year	292,134		41.23		59,850		41.68		135,017		35.12

Fiscal Year Ended March 31, 2014:
Granted	70,092		57.79		—		—		52,400		53.56
Vested	(69,046	)	44.89		(11,750	)	39.02		(32,464	)	33.95
Forfeited	—		—		—		—		(5,566	)	37.45
Unvested at end of year	293,180		$	44.33	48,100		$	42.33	149,387		$	41.76

Assumptions Used To Estimate Grant Date Fair Value Of SARs

The fair values of the SARs granted in fiscal year 2012 were estimated using the Black-Scholes pricing model and the following assumptions:



Assumptions:
Expected term		5.0 years
Expected volatility		35.80%
Expected dividend yield		5.07%
Risk-free interest rate		1.66%

Resulting fair value of SARs granted		$7.46

Stock-Based Compensation Expense And Related Income Tax Benefit Recognized

For the fiscal years ended March 31, 2014, 2013, and 2012, total stock-based compensation expense and the related income tax benefit recognized were as follows:



	Fiscal Year Ended March 31,
	2014		2013		2012
Total stock-based compensation expense	$	6,278	$	6,171	$	5,987
Income tax benefit recorded on stock-based compensation expense	$	2,197	$	2,160	$	2,095