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Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance at Mar. 31, 2021 $ 431,644 $ 671   $ 304,263 $ 128,634 $ (1,924)
Balance, Shares at Mar. 31, 2021   67,069,000        
Common stock issued under stock plans, net of shares withheld for taxes (2,298) $ 3   (2,301)    
Common stock issued under stock plans, net of shares withheld for taxes, Shares   293,000        
Stock-based compensation 6,412     6,412    
Other comprehensive income (loss):            
Translation adjustments (38)         (38)
Net income (loss) 2,848       2,848  
Balance at Jun. 30, 2021 438,568 $ 674   308,374 131,482 (1,962)
Balance, Shares at Jun. 30, 2021   67,362,000        
Balance at Mar. 31, 2021 431,644 $ 671   304,263 128,634 (1,924)
Balance, Shares at Mar. 31, 2021   67,069,000        
Other comprehensive income (loss):            
Translation adjustments (9)          
Net income (loss) 1,270          
Balance at Dec. 31, 2021 411,143 $ 690 $ (35,874) 318,356 129,904 (1,933)
Balance, Shares at Dec. 31, 2021   66,865,000        
Balance at Jun. 30, 2021 438,568 $ 674   308,374 131,482 (1,962)
Balance, Shares at Jun. 30, 2021   67,362,000        
Common stock issued under stock plans, net of shares withheld for taxes (1,794) $ 10   (1,804)    
Common stock issued under stock plans, net of shares withheld for taxes, Shares   1,032,000        
Stock-based compensation 5,223     5,223    
Other comprehensive income (loss):            
Translation adjustments 50         50
Net income (loss) (6,771)       (6,771)  
Balance at Sep. 30, 2021 435,276 $ 684   311,793 124,711 (1,912)
Balance, Shares at Sep. 30, 2021   68,394,000        
Common stock issued under stock plans, net of shares withheld for taxes (481) $ 6   (487)    
Common stock issued under stock plans, net of shares withheld for taxes, Shares   641,000        
Stock-based compensation 7,050     7,050    
Repurchase of common stock [1] (35,874)   (35,874)      
Repurchase of common stock, Shares [1]   (2,170,000)        
Other comprehensive income (loss):            
Translation adjustments (21)         (21)
Net income (loss) 5,193       5,193  
Balance at Dec. 31, 2021 411,143 $ 690 (35,874) 318,356 129,904 (1,933)
Balance, Shares at Dec. 31, 2021   66,865,000        
Balance at Mar. 31, 2022 423,078 $ 692 (35,874) 329,917 130,252 (1,909)
Balance, Shares at Mar. 31, 2022   67,075,000        
Common stock issued under stock plans, net of shares withheld for taxes (1,600) $ 12   (1,612)    
Common stock issued under stock plans, net of shares withheld for taxes, Shares   1,137,000        
Stock-based compensation 8,766     8,766    
Repurchase of common stock [2] (2,505)   (2,505)      
Repurchase of common stock, Shares [2]   (148,000)        
Other comprehensive income (loss):            
Translation adjustments (28)         (28)
Net income (loss) 1,148       1,148  
Balance at Jun. 30, 2022 428,859 $ 704 (38,379) 337,071 131,400 (1,937)
Balance, Shares at Jun. 30, 2022   68,064,000        
Balance at Mar. 31, 2022 423,078 $ 692 (35,874) 329,917 130,252 (1,909)
Balance, Shares at Mar. 31, 2022   67,075,000        
Other comprehensive income (loss):            
Translation adjustments 44          
Net income (loss) 22,586          
Balance at Dec. 31, 2022 417,764 $ 709 (85,752) 351,834 152,838 (1,865)
Balance, Shares at Dec. 31, 2022   66,039,000        
Balance at Jun. 30, 2022 428,859 $ 704 (38,379) 337,071 131,400 (1,937)
Balance, Shares at Jun. 30, 2022   68,064,000        
Common stock issued under stock plans, net of shares withheld for taxes (1,949)     (1,949)    
Common stock issued under stock plans, net of shares withheld for taxes, Shares   (31,000)        
Stock-based compensation 8,687     8,687    
Repurchase of common stock [3] (7,373)   (7,373)      
Repurchase of common stock, Shares [3]   (428,000)        
Other comprehensive income (loss):            
Translation adjustments (5)         (5)
Net income (loss) 13,623       13,623  
Balance at Sep. 30, 2022 441,842 $ 704 (45,752) 343,809 145,023 (1,942)
Balance, Shares at Sep. 30, 2022   67,605,000        
Common stock issued under stock plans, net of shares withheld for taxes (1,033) $ 5   (1,038)    
Common stock issued under stock plans, net of shares withheld for taxes, Shares   537,000        
Stock-based compensation 9,063     9,063    
Repurchase of common stock [4] $ (40,000)   (40,000)      
Repurchase of common stock, Shares (2,103,049) (2,103,000) [4]        
Other comprehensive income (loss):            
Translation adjustments $ 77         77
Net income (loss) 7,815       7,815  
Balance at Dec. 31, 2022 $ 417,764 $ 709 $ (85,752) $ 351,834 $ 152,838 $ (1,865)
Balance, Shares at Dec. 31, 2022   66,039,000        
[1] Weighted-average repurchase price (dollars per share) for the three months ended December 31, 2021 was $16.53.
[2] Weighted-average repurchase price (dollars per share) for the three months ended June 30, 2022 was $16.93.
[3] Weighted-average repurchase price (dollars per share) for the three months ended September 30, 2022 was $17.21.
[4] Weighted-average repurchase price (dollars per share) for the three months ended December 31, 2022 was $19.02.