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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2014
Accounting Policies [Abstract]  
Summary of Stock-Based Compensation Expense of Stock Options and Restricted Stock Units
The following tables summarize the allocation of the stock-based compensation expense (in thousands):
 
 
Fiscal Year Ended March 31,
 
2014
 
2013
 
2012
Stock-based compensation expense by type of award:
 
 
 
 
 
Option grants and employee stock purchase rights
$
2,520

 
$
3,469

 
$
5,289

Restricted stock units
14,517

 
20,620

 
13,148

Total stock-based compensation
17,037

 
24,089

 
18,437

Stock-based compensation expensed from (capitalized to) inventory
(16
)
 
147

 
(63
)
Total stock-based compensation expense
$
17,021

 
$
24,236

 
$
18,374

Summary of Stock-Based Compensation Expense
 
Fiscal Year Ended March 31,
 
2014
 
2013
 
2012
Stock-based compensation expense by cost centers:
 
 
 
 
 
Cost of revenues
$
460

 
$
545

 
$
495

Research and development
6,371

 
11,760

 
10,496

Selling, general and administrative
10,206

 
11,784

 
7,446

Total stock-based compensation
17,037

 
24,089

 
18,437

Stock-based compensation expensed from (capitalized to) inventory
(16
)
 
147

 
(63
)
Total stock-based compensation expense
$
17,021

 
$
24,236

 
$
18,374

Schedule of Weighted-Average Assumptions Used to Estimate the Fair Value of Stock Options
The fair values of the options and employee stock purchase rights granted are estimated as of the grant date using the Black-Scholes option-pricing model with the following weighted-average assumptions:
 
 
Options
 
Employee Stock
Purchase Rights
 
Fiscal Years Ended
March 31,
 
Fiscal Years Ended
March 31,
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Expected life (years)
4.4

 
4.4

 
3.8

 
0.5

 
0.5

 
0.5

Risk-free interest rate
0.6
%
 
0.7
%
 
1.4
%
 
%
 
%
 
0.1
%
Volatility
0.49

 
0.54

 
0.48

 
0.56

 
0.50

 
0.55

Dividend yield
%
 
%
 
%
 
%
 
%
 
%
Expected forfeiture rate
5.8
%
 
6.6
%
 
6.8
%
 
%
 
%
 
%
Weighted average fair value
$
2.95

 
$
2.47

 
$
3.83

 
$
3.40

 
$
1.77

 
$
2.13