| Calculation of Basic and Diluted Common Shares Outstanding |
The calculation of basic and diluted common shares outstanding is as follows:
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For the Three Months Ended December 31, |
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For the Nine Months Ended December 31, |
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2022 |
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2021 |
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2022 |
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2021 |
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Weighted-Average Shares of Common Stock Outstanding |
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36,336,056 |
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40,049,456 |
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37,149,927 |
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41,096,702 |
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Effect of Dilutive Shares |
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Assumed Exercise of Outstanding Dilutive Options |
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424,949 |
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492,344 |
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424,642 |
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568,699 |
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Less Shares Repurchased from Proceeds of Assumed Exercised Options |
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(294,478 |
) |
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(296,670 |
) |
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(305,741 |
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(362,568 |
) |
Restricted Stock Units |
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139,455 |
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212,919 |
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126,758 |
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190,506 |
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Weighted-Average Common Stock and Dilutive Securities Outstanding |
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36,605,982 |
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40,458,049 |
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37,395,586 |
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41,493,339 |
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Shares Excluded Due to Anti-dilution Effects |
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66,802 |
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7,528 |
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48,736 |
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4,298 |
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