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REVENUE RECOGNITION (Tables)
 9 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Adoption Impact of ACS 606
The Company recognized the cumulative effect of initially applying ASC 606 as an adjustment to retained earnings in the consolidated balance sheet as of April 1, 2018 (in thousands).
 
 
Balance at
March 31, 2018
 
Adjustments
Due to
ASC 606
 
Balance at
April 1, 2018
Current assets:
 
 
 
 
 
 
Deferred sales commission costs
 
$
—

 
$
11,234

 
$
11,234

Other current assets
 
$
10,040

 
$
1,725

 
$
11,765

Non-current assets:
 
 
 
 
 
 
Deferred sales commission costs
 
$
—

 
$
26,942

 
$
26,942

Stockholders' Equity
 
 
 
 
 
 
Accumulated deficit
 
$
(201,464
)
 
$
39,901

 
$
(161,563
)
The following tables summarize the impact of the ASC 606 adoption on the Company's consolidated financial statements for the quarter ended December 31, 2018.
Selected Consolidated Balance Sheet Line Items (in thousands):
 
 
December 31, 2018
 
 
ASC 605
 
Adjustments
 
(As Reported)
ASC 606
Current assets:
 
 

 
 

 
 

Deferred sales commission costs
 
$
—

 
$
14,443

 
$
14,443

Other current assets
 
$
10,023

 
$
3,143

 
$
13,166

Non-current assets:
 
 
 
 
 
 
Deferred sales commission costs
 
$
—

 
$
30,893

 
$
30,893

Stockholders' Equity
 
 
 
 
 
 
Accumulated deficit
 
$
(270,649
)
 
$
48,479

 
$
(222,170
)
Selected Consolidated Statement of Operations Line Items (in thousands, except per share amounts):
 
 
Three Months Ended December 31, 2018
 
 
ASC 605
 
Adjustments
 
(As Reported)
ASC 606
Service revenue
 
$
86,245

 
$
(334
)
 
$
85,911

Product revenue
 
3,335

 
666

 
4,001

Total revenue 
 
$
89,580

 
$
332

 
$
89,912

Operating expenses:
 
 
 
 
 
 
Sales and marketing
 
$
63,276

 
$
(2,559
)
 
$
60,717

Loss from operations 
 
$
(27,129
)
 
$
2,891

 
$
(24,238
)
Net loss
 
$
(26,662
)
 
$
2,891

 
$
(23,771
)
Net loss per share:
 
 
 
 
 
 
Basic and Diluted
 
$
(0.28
)
 
$
0.03

 
$
(0.25
)
 
 
 
 
 
 
 
 
 
Nine Months Ended December 31, 2018
 
 
ASC 605
 
Adjustments
 
(As Reported)
ASC 606
Service revenue
 
$
246,030

 
$
(652
)
 
$
245,378

Product revenue
 
12,522

 
919

 
13,441

Total revenue 
 
$
258,552

 
$
267

 
$
258,819

Operating expenses:
 
 
 
 
 
 
Sales and marketing
 
$
177,186

 
$
(7,234
)
 
$
169,952

Loss from operations 
 
$
(69,709
)
 
$
7,501

 
$
(62,208
)
Net loss
 
$
(68,109
)
 
$
7,501

 
$
(60,608
)
Net loss per share:
 
 
 
 
 
 
Basic and Diluted
 
$
(0.72
)
 
$
0.08

 
$
(0.64
)
Selected Consolidated Statements of Cash Flows Line Items (in thousands):
 
 
Nine Months Ended December 31, 2018
 
 
ASC 605
 
Adjustments
 
(As Reported)
ASC 606
Net loss
 
$
(68,109
)
 
$
7,501

 
$
(60,608
)
Deferred sales commission costs
 
$
—

 
$
(7,234
)
 
$
(7,234
)
Other current and non-current assets
 
$
(2,298
)
 
$
(267
)
 
$
(2,565
)
Net cash provided by operating activities
 
$
(6,673
)
 
$
—

 
$
(6,673
)
Contract Balances
The following table provides information about receivables, contract assets and deferred revenues from contracts with customers (in thousands):
 
December 31, 2018
Accounts receivable, net
$
19,068

Other current assets
$
3,143

Deferred revenue - current
$
3,523

Deferred revenue - non-current
$
8

Changes in the contract assets and the deferred revenue balances during the nine months ended December 31, 2018 are as follows (in thousands):
 
 
April 1, 2018
 
December 31, 2018
 
$ Change
Other current assets
 
$
1,725

 
$
3,143

 
$
1,418

Deferred revenue
 
$
2,578

 
$
3,531

 
$
953