Quarterly report pursuant to Section 13 or 15(d)

STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)

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STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Dec. 31, 2013
STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

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

    Three Months Ended   Nine Months Ended
    December 31,
2013
  December 31,
2012
  December 31,
2013
  December 31,
2012
Share-based compensation:                                        
       Cost of revenue   $ 509   $ 626   $ 1,560   $ 1,839
       Research and development     862     925     2,638     2,772
       Sales and marketing     994     1,273     3,148     3,603
       General and administrative     1,056     892     2,922     3,515
    $ 3,421   $ 3,716   $ 10,268   $ 11,729
 
 
Share-based compensation by type of award:                        
       Stock options   $ 207   $ 239   $ 647   $ 1,445
       Restricted stock     2,923     2,986     8,629     8,767
       Stock purchase plan     291     491     992     1,517
    $ 3,421   $ 3,716   $ 10,268   $ 11,729
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions

The weighted-average grant date fair values and the assumptions used in calculating fair values for the nine months ended December 31, 2013 and 2012 are as follows:

    Nine Months Ended
    December 31,
2013
  December 31,
2012
Option life (in years)         0.5           0.5  
Risk-free interest rate     0.07 %     0.15 %
Stock price volatility            47.65 %            74.81 %
Weighted-average grant date fair value   $ 0.47     $ 0.51  
Schedule of Share-based Compensation, Stock Options, Activity

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, 2013       16,050         $ 2.14                  
       Exercised   (535 )     0.99          
       Forfeited   (1,108 )     2.20          
       Expired   (3,011 )     2.07          
Outstanding as of December 31, 2013   11,396     $ 2.21   1.66   $ 1,031
Vested and expected to vest at December 31, 2013   11,369     $ 2.20   1.66   $ 1,031
Exercisable as of December 31, 2013          10,944     $        2.19   1.56   $        1,027
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

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

    Shares   Weighted-Average
Grant Date
Fair Value
Nonvested at March 31, 2013       9,887         $ 2.43
       Granted   7,751       1.40
       Vested   (4,241 )     2.40
       Forfeited   (1,041 )     2.06
Nonvested at December 31, 2013          12,356     $ 1.83