XML 72 R62.htm IDEA: XBRL DOCUMENT v3.24.0.1
Share-based Payments - Performance Stock Units (Details) - Performance Stock Units [Member]
9 Months Ended
Dec. 31, 2023
USD ($)
d
$ / shares
shares
Dec. 31, 2022
$ / shares
shares
Performance Stock Units ("PSUs") [Abstract]    
Number of trading days | d 30  
Vesting period 3 years  
Monte Carlo valuation model assumptions used in determining the fair value of the TSR awards [Abstract]    
Risk free interest rate   3.35%
Expected life in years   3 years
Expected volatility of MPA common stock   51.30%
Expected average volatility of peer companies 0.00% 62.70%
Average correlation coefficient of peer companies 0.00% 27.50%
Expected dividend yield 0.00% 0.00%
Grant date fair value (in dollars per share)   $ 16.02
Number of Shares [Roll Forward]    
Non-vested at beginning of period (in shares) | shares 192,696  
Granted (in shares) | shares 585,583 126,028
Vested (in shares) | shares 0  
Forfeited (in shares) | shares (2,614)  
Non-vested at end of period (in shares) | shares 775,665  
Weighted Average Grant Date Fair Value [Roll Forward]    
Non-vested at beginning of period (in dollars per share) $ 17.48  
Granted (in dollars per share) 4.5  
Vested (in dollars per share) 0  
Forfeited (in dollars per share) 6.09  
Non-vested at end of period (in dollars per share) $ 7.72  
Total unrecognized compensation expense | $ $ 2,488,000  
Weighted average remaining vesting period over which compensation expense is expected to be recognized 1 year 2 months 12 days  
Minimum [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Awards vesting target percentage   0.00%
Monte Carlo valuation model assumptions used in determining the fair value of the TSR awards [Abstract]    
Risk free interest rate 4.32%  
Expected life in years 2 months 12 days  
Expected volatility of MPA common stock 54.20%  
Grant date fair value (in dollars per share) $ 3.57  
Maximum [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Awards vesting target percentage   150.00%
Monte Carlo valuation model assumptions used in determining the fair value of the TSR awards [Abstract]    
Risk free interest rate 4.35%  
Expected life in years 1 year 9 months 18 days  
Expected volatility of MPA common stock 55.10%  
Grant date fair value (in dollars per share) $ 8.37  
Tranche One [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Stock price (in dollars per share) $ 10  
Percentage of vesting of award 33.00%  
Tranche Two [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Stock price (in dollars per share) $ 15  
Percentage of vesting of award 33.00%  
Tranche Three [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Stock price (in dollars per share) $ 20  
Percentage of vesting of award 33.00%  
Tranche Three [Member] | Minimum [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Stock price (in dollars per share) $ 17.5  
Eligible vesting percentage for recipients 50.00%  
Tranche Three [Member] | Maximum [Member]    
Performance Stock Units ("PSUs") [Abstract]    
Stock price (in dollars per share) $ 25  
Eligible vesting percentage for recipients 150.00%