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Capital Stock (Tables)
 3 Months Ended
Jun. 30, 2018
Equity and Share-based Compensation [Abstract]  
Common Shares Reserved For Future Issuance
The table below outlines common shares reserved for future issuance:
 
 
June 30,
2018
 
March 31,
2018
 
(Amounts in millions)
Stock options and equity-settled SARs outstanding
32.7

 
32.1

Restricted stock and restricted share units — unvested
2.0

 
2.2

Common shares available for future issuance under the 2017 Plan (as defined below)
10.0

 
10.3

Shares issuable upon conversion of April 2013 1.25% Notes
—

 
2.1

Shares reserved for future issuance
44.7

 
46.7
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expense
The Company recognized the following share-based compensation expense during the three months ended June 30, 2018, and 2017:
 
 
Three Months Ended
 
June 30,
 
2018
 
2017
 
(Amounts in millions)
Compensation Expense:
 
 
 
Stock options
$
6.8

 
$
12.3

Restricted share units and other share-based compensation
6.7

 
10.4

Share appreciation rights
1.6

 
1.1

 
15.1

 
23.8

Tax impact(1)
(3.7
)
 
(8.5
)
Reduction in net income
$
11.4

 
$
15.3


___________________
(1)
Represents the income tax benefit recognized in the statements of operations for share-based compensation arrangements.
Share-based compensation expense, by expense category, consisted of the following:
 
Three Months Ended
 
June 30,
 
2018
 
2017
 
(Amounts in millions)
Share-Based Compensation Expense:
 
 
 
Direct operating
$
0.2

 
$
0.2

Distribution and marketing
—

 
0.2

General and administration
14.9

 
23.4

 
$
15.1

 
$
23.8
Schedule of Stock Option, Equity-Settled SARs, Restricted Stock and Restricted Share Unit Activity
The following table sets forth the stock option, equity-settled SARs, restricted stock and restricted share unit activity during the three months ended June 30, 2018:

 
Stock Options and Equity-Settled SARs
 
Restricted Stock and Restricted Share Units
 
Class A Voting Shares
 
Class B Non-Voting Shares
 
Class A Voting Shares
 
Class B Non-Voting Shares
 
Number of Shares
 
Weighted-Average Exercise Price
 
Number of Shares
 
Weighted-Average Exercise Price
 
Number of Shares
 
Weighted-Average Grant-Date Fair Value
 
Number of Shares
 
Weighted-Average Grant-Date Fair Value
Outstanding at March 31, 2018
8,636,437

 
$26.93
 
23,463,115

 
$20.56
 
230,561

 
$28.49
 
2,001,049

 
$27.97
Granted
52,467

 
$30.47
 
1,168,761

 
$24.58
 
3,582

 
$25.04
 
28,764

 
$23.43
Options exercised or restricted stock or RSUs vested
(15,009
)
 
$22.21
 
(15,052
)
 
$21.43
 
(66,441
)
 
$29.53
 
(158,170
)
 
$28.32
Forfeited or expired
(220,183
)
 
$35.45
 
(382,623
)
 
$31.77
 
(10,106
)
 
$25.87
 
(62,561
)
 
$27.44
Outstanding at June 30, 2018
8,453,712

 
$26.74
 
24,234,201

 
$20.59
 
157,596

 
$28.14
 
1,809,082

 
$27.89