Annual report [Section 13 and 15(d), not S-K Item 405]

Stock Compensation Plans (Tables)

v3.25.1
Stock Compensation Plans (Tables)
12 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]  
Schedule of Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs"), and Restricted Stock Awards ("RSAs") Granted

The following grants of restricted stock units ("RSUs"), performance stock units ("PSUs"), and restricted stock awards ("RSAs") were awarded:

 

 

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

Year Ended March 31,

 

Directors

 

 

Key Employees

 

 

Key Employees

 

 

Awarded

2025

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

18

 

 

30

 

 

 

8

 

 

56

     Performance Vesting PSUs

 

 

 

 

 

 

 

62

 

 

62

2024

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

38

 

 

40

 

 

 

 

 

78

     Performance Vesting PSUs

 

 

 

 

 

 

 

79

 

 

79

2023

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

37

 

 

56

 

 

33

 

 

126

     Performance Vesting PSUs

 

 

 

 

 

 

 

112

 

 

112

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

Summary of Stock-Based Compensation Cost and Related Tax Benefits

Stock-based compensation cost and the related tax benefits were as follows:

 

 

Stock-Based

 

 

Related

 

Year Ended March 31,

 

Compensation Cost

 

 

Tax Benefits

 

2025

 

 

1,828

 

 

 

420

 

2024

 

 

1,188

 

 

 

264

 

2023

 

 

785

 

 

 

173

 

Schedule of Restricted Stock Awards

The following table summarizes information about the Company's RSUs and PSUs granted during fiscal 2025, fiscal 2024 and fiscal 2023:

 

 

 

Number of RSUs and PSUs

 

 

Weighted Average
Grant Date Fair Value

 

 

Aggregate
Intrinsic Value

 

Non-vested at March 31, 2022

 

 

159

 

 

 

18.59

 

 

 

 

Granted

 

 

238

 

 

 

8.51

 

 

 

 

Vested

 

 

(35

)

 

 

8.14

 

 

 

 

Forfeited

 

 

(57

)

 

 

18.86

 

 

 

 

Non-vested at March 31, 2023

 

 

305

 

 

 

11.09

 

 

 

 

Granted

 

 

157

 

 

 

10.95

 

 

 

 

Vested

 

 

(68

)

 

 

11.96

 

 

 

 

Forfeited

 

 

(25

)

 

 

15.29

 

 

 

 

Non-vested at March 31, 2024

 

 

369

 

 

 

11.05

 

 

 

 

Granted

 

 

118

 

 

 

25.75

 

 

 

 

Vested

 

 

(125

)

 

 

28.21

 

 

 

 

Non-vested at March 31, 2025

 

 

362

 

 

 

14.72

 

 

$

10,453

 

Employee Stock Purchase Plan [Member]  
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]  
Summary of Stock-Based Compensation Cost and Related Tax Benefits Issuance of shares, stock-based compensation cost and the related tax benefits were as follows:

 

 

 

Issued from

 

 

Issued from

 

 

Stock-Based

 

 

Related

 

Year Ended March 31,

 

Treasury Shares

 

 

Common Stock

 

 

Compensation Cost

 

 

Tax Benefits

 

2025

 

 

 

 

 

34

 

 

 

129

 

 

 

30

 

2024

 

 

 

 

 

50

 

 

 

91

 

 

 

20

 

2023

 

 

29

 

 

 

17

 

 

 

21

 

 

 

5