Quarterly report pursuant to Section 13 or 15(d)

STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)

v2.4.0.6
STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Dec. 31, 2012
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes share-based compensation (in thousands):

Three Months Ended Nine Months Ended
December 31,
2012
December 31,
2011
December 31,
2012
December 31,
2011
Share-based compensation:                        
     Cost of revenue $      626 $      495 $      1,839 $      1,518
     Research and development 925 795 2,772 2,466
     Sales and marketing 1,273 1,127 3,603 3,059
     General and administrative 892 1,007 3,515 3,203
$ 3,716 $ 3,424 $ 11,729 $ 10,246
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The following table summarizes share-based compensation (in thousands):

Three Months Ended

Nine Months Ended

December 31,
2012

December 31,
2011

December 31,
2012

December 31,
2011

Share-based compensation by type of award:

     Stock options

$     

239

$     

583

$     

1,445

$     

2,116

     Restricted stock

2,986

2,377

8,767

6,586

     Stock purchase plan

491

464

1,517

1,544

$

3,716

$

3,424

$

11,729

$

10,246

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The weighted-average grant date fair values of employee stock option grants, as well as the weighted-average assumptions used in calculating these values for the first nine months of fiscal 2012 were based on estimates at the date of grant as follows:

Nine Months Ended
December 31,
2012
December 31,
2011
Option life (in years)       N/A       4.0
Risk-free interest rate N/A 1.57 %
Stock price volatility N/A 112.33 %
Weighted-average grant date fair value N/A $      1.91
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The weighted-average grant date fair values and the assumptions used in calculating fair values for the nine month periods ended December 31, 2012 and 2011 are as follows:

Nine Months Ended
December 31,
2012
December 31,
2011
Option life (in years)       0.5       0.5
Risk-free interest rate 0.15 % 0.08 %
Stock price volatility 74.81 % 56.27 %
Weighted-average grant date fair value $      0.51 $      0.54
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of activity relating to our stock options follows (options and aggregate intrinsic value in thousands):

Options Weighted-
Average
Exercise Price
Weighted-
Average
Remaining
Contractual Term
Aggregate
Intrinsic Value
Outstanding as of March 31, 2012            19,394       $      2.32            
       Exercised (274 ) 0.97
       Forfeited (314 ) 2.49
       Expired (2,477 ) 3.66
Outstanding as of December 31, 2012 16,329 $ 2.14 2.19 $      1,420
Vested and expected to vest at December 31, 2012 16,233 $ 2.14 2.18 $ 1,418
Exercisable as of December 31, 2012 15,352 $ 2.12 2.00 $ 1,376
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of activity relating to our restricted stock follows (shares in thousands):

Shares Weighted-Average
Grant Date
Fair Value
Nonvested at March 31, 2012       8,861       $      2.75
     Granted 5,454 1.99
     Vested (3,217 ) 2.57
     Forfeited (585 ) 2.45
Nonvested at December 31, 2012      10,513 $ 2.43