Quarterly report pursuant to Section 13 or 15(d)

Equity-Based Compensation (Tables)

v3.25.0.1
Equity-Based Compensation (Tables)
9 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Time-Vesting Restricted Stock Units ("RSUs") and Performance-Vesting Restricted Stock Units ("PSUs") Granted The following restricted stock units were awarded in the nine months ended December 31, 2024 and 2023:

 

 

 

Vest 100% on First

 

 

Vest One-Third Per Year

 

 

Vest 100% on Third

 

 

 

 

 

Anniversary (1)

 

 

Over Three-Year Term (1)

 

 

Anniversary (1)

 

 

 

 

 

 

 

 

Officers and

 

 

Officers and

 

 

Total Shares

Nine months ended December 31,

 

Directors

 

 

Key Employees

 

 

Key Employees

 

 

Awarded

2024

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

18

 

 

29

 

 

8

 

 

55

     Performance Vesting PSUs

 

 

 

 

 

 

 

62

 

 

62

2023

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

38

 

 

40

 

 

 

 

 

78

     Performance Vesting PSUs

 

 

 

 

 

 

 

79

 

 

79

(1)Subject to the terms of the applicable award.

Schedule of recognized equity-based compensation

The Company has recognized equity-based compensation costs, which is primarily included in selling, general and administrative costs, as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Restricted stock awards

 

$

 

 

$

77

 

 

$

33

 

 

$

241

 

Restricted stock units

 

 

392

 

 

 

256

 

 

 

1,074

 

 

 

701

 

Employee stock purchase plan

 

 

34

 

 

 

44

 

 

 

97

 

 

 

60

 

 

 

$

426

 

 

$

377

 

 

$

1,204

 

 

$

1,002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax benefit recognized

 

$

98

 

 

$

84

 

 

$

277

 

 

$

223