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STOCK-BASED COMPENSATION: (Tables)
9 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of stock-based compensation activity, by award type The Company's stock-based compensation activity for the nine months ended December 31, 2021 and 2020, by award type, was (dollars in thousands):
For the nine months ended
December 31,
20212020
Stock options$1,541 $1,841 
Restricted stock units37,810 40,488 
Diablo restricted stock awards660 — 
Data Plus Math ("DPM") acquisition consideration holdback6,092 6,000 
Pacific Data Partners ("PDP") assumed performance plan6,826 13,791 
Acuity performance plan1,558 1,428 
DataFleets acquisition consideration holdback4,529 — 
Other stock-based compensation2,459 1,035 
Total non-cash stock-based compensation included in the condensed consolidated statements of operations61,475 64,583 
Less expense related to liability-based equity awards(18,237)(19,666)
Total non-cash stock-based compensation included in the condensed consolidated statements of equity$43,238 $44,917 
Schedule of effect of stock-based compensation expense on income, by financial statement line item
The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in thousands):
For the nine months ended
December 31,
20212020
Cost of revenue$2,906 $2,676 
Research and development21,796 20,975 
Sales and marketing20,871 25,568 
General and administrative15,902 15,364 
Total non-cash stock-based compensation included in the condensed consolidated statements of operations$61,475 $64,583 
Schedule of share based compensation arrangement by share based payment award, future expense The following table provides the expected future expense for all of the Company's outstanding equity awards at December 31, 2021, by award type. The amount for 2022 represents the remaining three months ending March 31, 2022. All other periods represent fiscal years ending March 31 (dollars in thousands).
For the years ending March 31,
20222023202420252026Total
Stock options$396 $1,187 $720 $158 $— $2,461 
Restricted stock units19,445 70,477 53,766 35,846 9,174 188,708 
Diablo restricted stock awards133 518 519 89 — 1,259 
DPM acquisition consideration holdback2,032 2,030 — — — 4,062 
PDP assumed performance plan2,275 — — — — 2,275 
Acuity performance plan354 815 165 — — 1,334 
DataFleets acquisition consideration holdback1,510 6,039 5,284 — 12,833 
Other stock-based compensation544 362 — — — 906 
Expected future expense$26,689 $81,428 $60,454 $36,093 $9,174 $213,838 
Schedule of option activity Stock option activity for the nine months ended December 31, 2021 was:  
Weighted-average
Weighted-averageremainingAggregate
Number ofexercise pricecontractual termIntrinsic value
sharesper share(in years)(in thousands)
Outstanding at March 31, 2021844,045 $15.31 
Exercised(93,167)$9.99 $3,730 
Forfeited or canceled(934)$2.39 
Outstanding at December 31, 2021749,944 $15.99 2.5$23,967 
Exercisable at December 31, 2021710,215 $16.83 2.2$22,104 
Summary of stock options outstanding and exercisable
A summary of stock options outstanding and exercisable as of December 31, 2021 was:
Options outstandingOptions exercisable
Range ofWeighted-averageWeighted-averageWeighted-average
exercise priceOptionsremainingexercise priceOptionsexercise price
per shareoutstandingcontractual lifeper shareexercisableper share
$— $9.99 98,014 5.8 years$1.19 58,285 $1.29 
$10.00 $19.99 346,807 2.0 years$15.50 346,807 $15.50 
$20.00 $24.99 305,123 2.0 years$21.31 305,123 $21.31 
749,944 2.5 years$15.99 710,215 $16.83 
Schedule of changes in restricted stock
Changes in the Company's restricted stock for the nine months ended December 31, 2021 was:

Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Unvested restricted stock awards at March 31, 2021— $— 
Diablo replacement restricted stock award40,600 $47.29 
Vested(12,992)$47.29 
Unvested restricted stock awards at December 31, 202127,608 $47.29 2.42
Schedule of time-vesting restricted stock unit activity RSU activity for the nine months ended December 31, 2021 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 20212,692,243 $45.96 2.76
Granted2,753,140 $48.19 
Vested(407,674)$41.04 
Forfeited or canceled(861,464)$46.39 
Outstanding at December 31, 20214,176,245 $47.82 2.95
Schedule of non-vested performance-based restricted stock units activity PSU activity for the nine months ended December 31, 2021 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 2021631,869 $49.74 1.54
Granted249,152 $50.54 
Vested(135,168)$45.54 
Forfeited or canceled(138,774)$48.10 
Outstanding at December 31, 2021607,079 $51.37 1.29