Stock-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Valuation Assumptions for Stock Options

The weighted average grant date fair value of stock options granted during the nine months ended December 31, 2025, and the weighted-average assumptions used are as follows:


	December 31,
	2025
Weighted-average grant date fair value	$	7.56
Weighted-average assumptions:
Expected dividend yield	—		%
Expected stock price volatility (a)	40.00		%
Risk-free interest rate (b)	4.04		%
Expected option term (years) (c)	5.8

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(a)			The Company bases its expected volatility on a group of companies believed to be a representative peer group, selected based on industry and market capitalization.
(b)			The risk-free interest rate for periods within the expected term of the award is based on the U.S. Government Bond yield with a term equal to the awards' expected term on the date of grant.
(c)			The expected option term represents the midpoint of time until expiration and average vesting period.

The weighted average grant date fair value of stock options granted during the nine months ended December 31, 2025, and the weighted-average assumptions used are as follows:


	December 31,
	2025
Weighted-average grant date fair value	$	4.41
Weighted-average assumptions:
Expected dividend yield	—		%
Expected stock price volatility (a)	40.00		%
Risk-free interest rate (b)	4.40		%

___________________


(a)			The Company bases its expected volatility on a group of companies believed to be a representative peer group, selected based on industry and market capitalization.
(b)			The risk-free interest rate for periods within the expected term of the award is based on the U.S. Constant Maturity Treasury rate with a term equal to the awards' expected term on the date of grant.