Quarterly report pursuant to Section 13 or 15(d)

STOCK INCENTIVE PLANS AND STOCK-BASED COMPENSATION (Tables)

v3.19.2
STOCK INCENTIVE PLANS AND STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of share-based compensation
The following tables summarize stock-based compensation expense (in thousands):
 
   
Three months ended June 30,
 
   
2019
   
2018
 
Stock-based compensation expense:
               
Cost of revenue
  $ 101     $ 75  
Research and development
    138       86  
Sales and marketing
    297       (148
General and administrative
    451       414  
   
 
 
   
 
 
 
Total stock-based compensation expense
  $ 987     $ 427  
   
 
 
   
 
 
 
   
   
Three months ended June 30,
 
   
2019
   
2018
 
Stock-based compensation by type of award:
               
Restricted stock
  $ 711     $ 557  
Performance share units
    276       (197
Stock purchase plan
          107  
Stock options
          (40
   
 
 
   
 
 
 
Total stock-based compensation expense
  $ 987     $ 427  
   
 
 
   
 
 
 
Summary of activity relating to performance share
A summary of activity relating to
Quantum’s
PSUs is as follows (shares in thousands):
 
   
Shares
   
Weighted-Average Grant

Date Fair Value Per Share
 
Nonvested as of March 31, 2019
    770     $ 1.78  
Granted
    175     $ 1.71  
Forfeited
    (10   $ 3.36  
   
 
 
         
Nonvested as of June 30, 2019
    935     $ 1.75  
   
 
 
         
Summary of activity relating to restricted stock
A summary of activity relating to
Quantum’s
RSUs is as follows (shares in thousands):
 
   
Shares
   
Weighted-Average Grant

Date Fair Value Per Share
 
Nonvested as of March 31, 2019
    1,311     $ 3.61  
Granted
    210     $ 2.45  
Vested
    (6   $ 8.76  
Forfeited
    (30   $ 7.24  
   
 
 
         
Nonvested as of June 30, 2019
    1,485     $ 3.35