v3.25.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
We recorded share-based compensation expense for restricted stock as follows for the years ended March 31, 2025, 2024 and 2023 (in thousands):
Year Ended March 31,
202520242023
Share-based compensation expense$13,587 $11,537 $9,751 
Related income tax benefit (a)(3,397)(2,885)(2,438)
Net share-based compensation expense$10,190 $8,652 $7,313 
(a) Income tax benefit is estimated using the statutory rate.
Schedule of Restricted Stock Activity
Restricted stock activity was as follows:
Year Ended March 31, 2025
Number of SharesWeighted Average Grant Date Fair Value
Outstanding at April 1, 2024221,563 $166.62 
     Granted71,008 340.81 
     Vested(94,883)178.69 
     Canceled(3,539)177.69 
Outstanding at March 31, 2025194,149 $203.62