XML 46 R33.htm IDEA: XBRL DOCUMENT v3.4.0.3
Note 9 - Stock-based Compensation (Tables)
12 Months Ended
Mar. 31, 2016
Notes Tables  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Year E
nded March 31,
 
 
 
2016
 
 
201
5
 
 
201
4
 
Total cost of stock based compensation
charged against income before income tax
  $ 1,327     $ 993     $ 840  
Amount of income tax benefit recognized in earnings
    374       373       263  
Amount charged against net income
  $ 953     $ 620     $ 577  
Impact on net income per common share:
                       
Basic
  $ 0.26     $ 0.18     $ 0.17  
Diluted
    0.25       0.17       0.16  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
Year E
nded March 31,
 
 
 
2016
 
 
201
5
 
 
201
4
 
Volatility
  27.1% - 30.2%     24.4% - 27.1%     26% - 28.7%  
Risk-free interest rate
    1.09%       1.9% - 2.3%     .8% - 2.1%  
Expected option life (years)
    8       6 - 8     5 - 10  
Dividend yield
    .7%         .9%         1.1%    
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
Number of
Shares
 
 
Weighted-
average
Exercise
Price
 
 
Weighted-
average
Remaining
Contractual
Term
 
 
Aggregate
Intrinsic
Value
(000s)
 
Outstanding at March 31, 2013
    416,125       29.87       3.7       9,529  
Granted
    128,124       55.33       6.4       --  
Forfeited
    (27,782 )     52.50       --       --  
Expired
    (410 )     52.50       --       --  
Exercised
    (117,885 )     22.17       --       --  
Outstanding at March 31, 2014
    398,172       38.75       4.4       20,505  
Granted
    147,720       88.62       7.0       --  
Forfeited
    (26,466 )     64.62       --       --  
Expired
    --       --       --       --  
Exercised
    (82,178 )     28.87       --       --  
Outstanding at March 31, 2015
    437,248       55.81       4.9       9,445  
Granted
    184,030       72.89       6.7       --  
Forfeited
    (16,334 )     75.16       6.5       --  
Expired
    --       --       --       --  
Exercised
    (89,224 )     38.28       --       --  
Outstanding at March 31, 2016
    515,720       64.32       5.2       16,561  
                                 
Exercisable at March 31,
                               
2016
    157,457       42.49       3.6       8,481  
2015
    163,210       33.35       3.6       6,341  
2014
    140,825       26.70       3.5       8,949  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
 
 
Unvested Shares
 
 
Weighted-
a
verage
Grant-date Fair Value
 
Unvested at March 31, 2013
    257,805       9.55  
Options granted
    128,124       15.90  
Options forfeited
    (27,782 )     14.75  
Options vested
    (100,800 )     8.53  
Unvested at March 31, 2014
    257,347       11.86  
Options granted
    147,720       24.49  
Options forfeited
    (26,466 )     17.29  
Options vested
    (104,563 )     10.36  
Unvested at March 31, 2015
    274,038       18.42  
Options granted
    184,030       18.78  
Options forfeited
    (16,334 )     19.07  
Options vested
    (83,471 )     14.65  
Unvested at March 31, 2016
    358,263       19.46