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Share-based Payments (Tables)

3 Months Ended

Jun. 30, 2025

Share-based Payments [Abstract]

Stock Option Transactions

The following is a summary of stock option transactions:

		Number of  Shares				Weighted Average Exercise Price
Outstanding at March 31, 2025		1,053,561			$	20.20
Forfeited/Cancelled		(4,220	)		$	22.64
Outstanding at June 30, 2025		1,049,341			$	20.20

Restricted Stock Units Activity

The following is a summary of non-vested RSUs:

		Number of Shares				Weighted Average Grant Date Fair Value
Outstanding at March 31, 2025		505,373			$	7.26
Granted		428,552			$	9.76
Vested		(121,364	)		$	9.49
Forfeited/Cancelled		(580	)		$	7.73
Outstanding at June 30, 2025		811,981			$	8.25

Monte Carlo Valuation Model Assumptions Used in Determining Fair Value of TSR Awards

The fair value of PSUs subject to a market condition is determined using the Monte Carlo simulation model. The following table summarizes the assumptions used in determining the fair value of the awards subject to market conditions:

	Three Months Ended June 30,
		2025				2024
Risk free interest rate		3.86	%			4.45	%
Expected life in years		0.7-3.0				3
Expected volatility of the Company's common stock		66.80	%			59.80	%
Average correlation coefficient of peer companies		15.70	%			16.50	%
Expected dividend yield		-				-
Grant date fair value	$	7.33-12.68			$	8.65

Performance Stock Units Activity

The following is a summary of non-vested PSUs:

	Number of Shares					Weighted Average Grant Date Fair Value
Outstanding at March 31, 2025		764,387			$	7.42
Granted		353,778			$	10.57
Vested		(43,917	)		$	14.55
Forfeited/Cancelled		(76,101	)		$	13.65
Outstanding at June 30, 2025		998,147			$	7.74

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of equity instruments other than options , including, but not limited to: (a) expected term of instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of the changes in outstanding nonvested performance-based units.

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-Topic 718
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-Name Accounting Standards Codification
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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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