EMPLOYEE STOCK OPTION PLANS (Tables)

3 Months Ended

Jun. 30, 2012

The following table summarizes the 2009 Plan and the 1999 Plan price per option at grant date using the Black-Scholes pricing model:

			Black-Scholes Pricing Model Assumptions
Date of Issuance	Weighted Average Fair Value		Expected Dividend Yield			Risk- Free Interest Rate			Expected Volatility			Expected Life (in years)
2009 Plan
July 18, 2011	$	33.07		0.83	%		1.45	%		40.0	%		5
July 19, 2010	$	28.58		0.91	%		1.73	%		37.5	%		5
March 22, 2010	$	32.56		0.84	%		2.43	%		37.8	%		5
October 19, 2009	$	25.36		1.04	%		2.36	%		37.6	%		5

1999 Plan
July 30, 2008	$	29.93		0.62	%		3.36	%		20.2	%		5
July 21, 2008	$	27.35		0.67	%		3.41	%		20.2	%		5
July 16, 2007	$	41.78		0.39	%		4.95	%		19.9	%		5
July 17, 2006	$	33.05		0.61	%		5.04	%		21.2	%		7
May 15, 2006	$	31.28		0.64	%		5.08	%		21.1	%		7

The following table summarizes activity in the 2009 Plan and the 1999 Plan as of June 30, 2012:

	Number of Shares			Weighted Average Exercise Price
2009 Plan
Balance at March 31, 2011		73,750		$	84.24
Granted		10,000			96.92
Exercised		-			-
Canceled		-			-
Balance at March 31, 2012		83,750		$	85.75
Granted		-			-
Exercised		(18,800	)		78.87
Canceled		(4,000	)		88.20
Balance at June 30, 2012		60,950		$	87.71

1999 Plan
Balance at March 31, 2011		96,500		$	114.78
Granted		-			-
Exercised		(1,500	)		65.70
Canceled		-			-
Balance at March 31, 2012		95,000		$	113.63
Granted		-			-
Exercised		16,090			95.36
Canceled		-			-
Balance at June 30, 2012		78,910		$	126.79
Combined Balance at June 30, 2012		139,860		$	107.55

June 30, 2012	Weighted Average Aggregate Intrinsic Remaining Contractual Term	Value
Outstanding	2.0 years	$	4,306,842
Exercisable	1.2 years	$	1,833,046

Restricted stock available for issuance as of March 31, 2012			37,350
Less restricted stock forfeited during the quarter ended June 30, 2012:			1,000
Restricted stock available for issuance as of June 30, 2012			36,350

The following table represents a summary of the activity for our restricted stock awards for the fiscal year ended June 30, 2012:

Restricted Stock Awards	Number of Shares		Weighted Average Fair Value Per Share		Weighted Average Remaining Vesting Term (in Years)
Unvested at March 31, 2012		9,650	$	83.60		4.8
Granted		−		−		−
Vested		−		−		−
Forfeited or expired		1,000	$	83.60		−
Unvested at June 30, 2012		8,650	$	83.60		4.5

The following table represents a summary of the activity for our phantom stock plan for the fiscal year ended June 30, 2012:

Phantom Stock Awards	Number of Shares		Exercise Price Per Share		Weighted Average Remaining Vesting Term (in Years)
Unvested at March 31, 2012		26,000	$	146.95		4.8
Granted		−		−		−
Vested		−		−		−
Forfeited or expired		2,500	$	146.95		−
Unvested at June 30, 2012		23,500	$	146.95		4.5