Quarterly report [Sections 13 or 15(d)]

Equity-Based Compensation (Tables)

v3.25.3
Equity-Based Compensation (Tables)
6 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Time-Vesting Restricted Stock Units ("RSUs") and Performance-Vesting Restricted Stock Units ("PSUs") Granted No RSUs or PSUs were awarded during the three months ended September 30, 2024. The following restricted stock units were awarded in the six months ended September 30, 2025 and 2024:

 

 

 

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

Six months ended September 30,

 

Directors

 

 

Key Employees

 

 

Key Employees

 

 

Awarded

2025

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

11

 

 

17

 

 

 

 

 

28

     Performance Vesting PSUs

 

 

 

 

 

 

 

42

 

 

42

2024

 

 

 

 

 

 

 

 

 

 

 

     Time Vesting RSUs

 

18

 

 

29

 

 

8

 

 

55

     Performance Vesting PSUs

 

 

 

 

 

 

 

62

 

 

62

(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

 

 

Six Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Restricted stock awards

 

$

 

 

$

6

 

 

$

 

 

$

33

 

Restricted stock units

 

 

517

 

 

 

394

 

 

 

1,006

 

 

 

682

 

Employee stock purchase plan

 

 

36

 

 

 

34

 

 

 

79

 

 

 

63

 

 

 

$

553

 

 

$

434

 

 

$

1,085

 

 

$

778

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax benefit recognized

 

$

127

 

 

$

100

 

 

$

248

 

 

$

179