v3.22.2.2
STOCK-BASED COMPENSATION AND STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs The following table presents stock-based compensation expense (dollars in thousands):
 Three Months Ended September 30,Six Months Ended September 30,
 2022202120222021
Cost of service revenue$2,436 $2,345 $5,100 $4,313 
Cost of other revenue925 1,203 2,036 2,274 
Research and development7,711 9,458 15,755 18,156 
Sales and marketing6,809 12,724 14,917 27,050 
General and administrative6,740 10,105 14,627 20,629 
Total$24,621 $35,835 $52,435 $72,422 
Disclosure of Share-Based Compensation Arrangements By Share-Based Payment Award The following table presents the stock option activity (shares in thousands):
Number of
Shares
Weighted Average Exercise Price Per Share
Outstanding at March 31, 2022867 $10.67 
Exercised(11)5.87 
Canceled/Forfeited(83)10.71 
Outstanding at September 30, 2022773 $10.74 
Vested and expected to vest September 30, 2022773 $10.74 
Exercisable at September 30, 2022772 $10.73 
The following table presents the RSU activity (shares in thousands):
Number of
Shares
Weighted
Average Grant
Date Fair Value
Weighted Average
Remaining Contractual
Term (in Years)
Balance at March 31, 20229,375 $20.41 2.11
Granted11,077 6.00 
Vested and released(2,704)20.92 
Forfeited(1,797)15.47 
Balance at September 30, 202215,951 $10.87 2.15
The following table presents the PSU activity (shares in thousands):
Number of
Shares
Weighted
Average Grant
Date Fair Value
Weighted Average
Remaining Contractual
Term (in Years)
Balance at March 31, 20221,026 $35.36 0.89
Granted720 7.71 
Granted for performance achievement1
— 
Vested and released(128)25.65 
Forfeited(436)33.89 
Balance at September 30, 20221,182 $20.12 1.66
1 Represents additional PSUs awarded as a result of the achievement of performance goals above the performance targets established at grant.