Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.10.0.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Assumption Used and Resulting Weighted Average Fair Value of Stock Option Granted
The grant date fair value of each option award is calculated using a lattice option-pricing valuation model, which incorporates a range of assumptions for inputs as follows:
 
 
Three Months Ended June 2018
 
Expected volatility
 
24% to 29%
 
Weighted average expected volatility
 
25%
 
Expected term (in years)
 
6.1 to 7.5
 
Weighted average dividend yield
 
2.7%
 
Risk-free interest rate
 
2.1% to 3.0%
 
Weighted average fair value at date of grant
 
$16.00