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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance
The following table sets forth the compensation for our CEO and the average compensation for our other NEOs (the “Non-CEO NEOs”), both as reported in the Summary Compensation Table along with certain adjustments to reflect the “compensation actually paid” to such individuals, as required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, for each of fiscal year 2024, 2023, 2022 and 2021. The Talent and Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. For further information concerning our pay-for-performance philosophy and how we align executive compensation with the performance of the Company, see the Compensation Discussion and Analysis section of this Proxy Statement.
Value of Initial Fixed $100
Investment Based On:
Year
(a)
Summary
Compensation
Table Total for
CEO
(b)
Compensation
Actually Paid
to CEO1
(c)
Average
Summary
Compensation
Table Total for
Non-CEO
NEOs
(d)
Average
Compensation
Actually Paid
to Non-CEO
NEOs1
(e)
Total
Shareholder
Return2
(f)
Peer Group
Total
Shareholder
Returns3
(g)
Net Income
(Loss)
(millions)4
(h)
Revenue
(millions)5
(i)
2024 $  10,082,248 $  16,513,762 $  4,973,630 $  6,404,645 $  104.80 $  113.96 $ 12 $  659.7
2023 $ 6,256,075 $ 433,031 $ 2,561,259 $ 346,019 $ 66.62 $ 77.30 $  (119) $ 596.6
2022 $ 8,457,367 $ 3,006,737 $ 3,711,603 $ 1,494,858 $ 113.58 $ 80.03 $ (34) $ 528.7
2021 $ 6,937,688 $ 12,014,504 $ 3,116,876 $ 7,171,357 $ 157.59 $ 123.04 $ (90) $ 443.0
1.
The dollar amounts reported in column (c) and (e) represent the amount of  “compensation actually paid” to Mr. Howe, our CEO, for all applicable years and the average of the “compensation actually paid” to our Non-CEO NEOs. The dollar amounts reported as “compensation actually paid” do not reflect the actual amount of compensation earned by or paid to our CEO or our Non-CEO NEOs during the applicable years, as explained in the ensuing tables. The Non-CEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for fiscal 2024, Lauren R. Dillard, Vihan Sharma, Kimberly Bloomston, Jerry C. Jones and Warren C. Jenson (i) for fiscal 2023, Warren C. Jenson, Mohsin Hussain and Jerry C. Jones; (ii) for fiscal 2022, Warren C. Jenson, Mohsin Hussain, Jerry C. Jones, Diego Panama, and David Pann; and (iii) for fiscal 2021, Warren C. Jenson, James F. Arra, Anneka R. Gupta and Jerry C. Jones. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total compensation for each year to determine the compensation actually paid:
Fiscal
Year
Reported Summary
Compensation Table
(SCT) Totali
A
Reported Value of
Equity Awardsii
B
Equity Award
Adjustmentsiii
C
Compensation
Actually Paid
A-B+C
Company’s CEO
2024 $  10,082,248 $  8,126,936 $  14,558,450 $  16,513,762
Average of Non-CEO NEOs
2024 $ 4,973,630 $ 3,900,177 $ 5,331,192 $ 6,404,645
i.
Reflects the amounts (or the average amounts with regard to the Non-CEO NEOs) represented in the “Total” column of the Summary Compensation Table for the applicable years.
ii.
Reflects the grant date fair value of equity awards granted to the CEO (or the average amounts with regard to the Non-CEO NEOs) as reported in the “Stock Awards” column in the Summary Compensation Table for the covered years.
iii.
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) as set forth in the chart below:
Fiscal
Year
Plus Year
End Fair
Value of
Outstanding
Unvested
Stock Awards
Granted in
the Year
Year over
Year Change
(Positive or
Negative) in
Fair Value of
Outstanding
and Unvested
Stock Awards
Granted in
Prior Years
Plus Fair
Value of
Awards
Granted and
Vested in
the Year
Year over
Year Change
(Positive or
Negative) in
Fair Value of
Stock Awards
Granted in Prior
Years that
Vested in
the Year
Less Year
End Fair Value
of Awards
Granted in
Prior Years
that Failed
to Meet the
Applicable
Vesting
Conditions in
the Year
Total
Equity
Award
Adjustments
Company’s CEO
2024 $  11,246,461 $  2,658,938 $  653,052 $  14,558,450
Average of Non-CEO NEOs
2024 $  4,680,900 $  613,640 $  81,445 $  256,259 $  301,053 $  5,331,192
2.
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the price of our common stock at the end and the beginning of the measurement period by the price of our common stock at the beginning of the measurement period.
3.
The peer group used for this purpose is the S&P 400 IT Consulting and Other Services Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Reports on Form 10-K for the years ended March 31, 2024, March 31, 2023, March 31, 2022 and March 31, 2021.
4.
The dollar amounts reported represent the amount of net income (loss) reflected in our audited consolidated financial statements for the applicable year.
5.
Revenue as reported under GAAP.
     
Company Selected Measure Name Revenue      
Named Executive Officers, Footnote
1.
The dollar amounts reported in column (c) and (e) represent the amount of  “compensation actually paid” to Mr. Howe, our CEO, for all applicable years and the average of the “compensation actually paid” to our Non-CEO NEOs. The dollar amounts reported as “compensation actually paid” do not reflect the actual amount of compensation earned by or paid to our CEO or our Non-CEO NEOs during the applicable years, as explained in the ensuing tables. The Non-CEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for fiscal 2024, Lauren R. Dillard, Vihan Sharma, Kimberly Bloomston, Jerry C. Jones and Warren C. Jenson (i) for fiscal 2023, Warren C. Jenson, Mohsin Hussain and Jerry C. Jones; (ii) for fiscal 2022, Warren C. Jenson, Mohsin Hussain, Jerry C. Jones, Diego Panama, and David Pann; and (iii) for fiscal 2021, Warren C. Jenson, James F. Arra, Anneka R. Gupta and Jerry C. Jones.
     
Peer Group Issuers, Footnote
3.
The peer group used for this purpose is the S&P 400 IT Consulting and Other Services Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Reports on Form 10-K for the years ended March 31, 2024, March 31, 2023, March 31, 2022 and March 31, 2021.
     
PEO Total Compensation Amount $ 10,082,248 $ 6,256,075 $ 8,457,367 $ 6,937,688
PEO Actually Paid Compensation Amount $ 16,513,762 433,031 3,006,737 12,014,504
Adjustment To PEO Compensation, Footnote
1.
The dollar amounts reported in column (c) and (e) represent the amount of  “compensation actually paid” to Mr. Howe, our CEO, for all applicable years and the average of the “compensation actually paid” to our Non-CEO NEOs. The dollar amounts reported as “compensation actually paid” do not reflect the actual amount of compensation earned by or paid to our CEO or our Non-CEO NEOs during the applicable years, as explained in the ensuing tables. The Non-CEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for fiscal 2024, Lauren R. Dillard, Vihan Sharma, Kimberly Bloomston, Jerry C. Jones and Warren C. Jenson (i) for fiscal 2023, Warren C. Jenson, Mohsin Hussain and Jerry C. Jones; (ii) for fiscal 2022, Warren C. Jenson, Mohsin Hussain, Jerry C. Jones, Diego Panama, and David Pann; and (iii) for fiscal 2021, Warren C. Jenson, James F. Arra, Anneka R. Gupta and Jerry C. Jones. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total compensation for each year to determine the compensation actually paid:
Fiscal
Year
Reported Summary
Compensation Table
(SCT) Totali
A
Reported Value of
Equity Awardsii
B
Equity Award
Adjustmentsiii
C
Compensation
Actually Paid
A-B+C
Company’s CEO
2024 $  10,082,248 $  8,126,936 $  14,558,450 $  16,513,762
Average of Non-CEO NEOs
2024 $ 4,973,630 $ 3,900,177 $ 5,331,192 $ 6,404,645
i.
Reflects the amounts (or the average amounts with regard to the Non-CEO NEOs) represented in the “Total” column of the Summary Compensation Table for the applicable years.
ii.
Reflects the grant date fair value of equity awards granted to the CEO (or the average amounts with regard to the Non-CEO NEOs) as reported in the “Stock Awards” column in the Summary Compensation Table for the covered years.
iii.
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) as set forth in the chart below:
Fiscal
Year
Plus Year
End Fair
Value of
Outstanding
Unvested
Stock Awards
Granted in
the Year
Year over
Year Change
(Positive or
Negative) in
Fair Value of
Outstanding
and Unvested
Stock Awards
Granted in
Prior Years
Plus Fair
Value of
Awards
Granted and
Vested in
the Year
Year over
Year Change
(Positive or
Negative) in
Fair Value of
Stock Awards
Granted in Prior
Years that
Vested in
the Year
Less Year
End Fair Value
of Awards
Granted in
Prior Years
that Failed
to Meet the
Applicable
Vesting
Conditions in
the Year
Total
Equity
Award
Adjustments
Company’s CEO
2024 $  11,246,461 $  2,658,938 $  653,052 $  14,558,450
Average of Non-CEO NEOs
2024 $  4,680,900 $  613,640 $  81,445 $  256,259 $  301,053 $  5,331,192
     
Non-PEO NEO Average Total Compensation Amount $ 4,973,630 2,561,259 3,711,603 3,116,876
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,404,645 346,019 1,494,858 7,171,357
Adjustment to Non-PEO NEO Compensation Footnote
1.
The dollar amounts reported in column (c) and (e) represent the amount of  “compensation actually paid” to Mr. Howe, our CEO, for all applicable years and the average of the “compensation actually paid” to our Non-CEO NEOs. The dollar amounts reported as “compensation actually paid” do not reflect the actual amount of compensation earned by or paid to our CEO or our Non-CEO NEOs during the applicable years, as explained in the ensuing tables. The Non-CEO NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for fiscal 2024, Lauren R. Dillard, Vihan Sharma, Kimberly Bloomston, Jerry C. Jones and Warren C. Jenson (i) for fiscal 2023, Warren C. Jenson, Mohsin Hussain and Jerry C. Jones; (ii) for fiscal 2022, Warren C. Jenson, Mohsin Hussain, Jerry C. Jones, Diego Panama, and David Pann; and (iii) for fiscal 2021, Warren C. Jenson, James F. Arra, Anneka R. Gupta and Jerry C. Jones. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to total compensation for each year to determine the compensation actually paid:
Fiscal
Year
Reported Summary
Compensation Table
(SCT) Totali
A
Reported Value of
Equity Awardsii
B
Equity Award
Adjustmentsiii
C
Compensation
Actually Paid
A-B+C
Company’s CEO
2024 $  10,082,248 $  8,126,936 $  14,558,450 $  16,513,762
Average of Non-CEO NEOs
2024 $ 4,973,630 $ 3,900,177 $ 5,331,192 $ 6,404,645
i.
Reflects the amounts (or the average amounts with regard to the Non-CEO NEOs) represented in the “Total” column of the Summary Compensation Table for the applicable years.
ii.
Reflects the grant date fair value of equity awards granted to the CEO (or the average amounts with regard to the Non-CEO NEOs) as reported in the “Stock Awards” column in the Summary Compensation Table for the covered years.
iii.
The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) as set forth in the chart below:
Fiscal
Year
Plus Year
End Fair
Value of
Outstanding
Unvested
Stock Awards
Granted in
the Year
Year over
Year Change
(Positive or
Negative) in
Fair Value of
Outstanding
and Unvested
Stock Awards
Granted in
Prior Years
Plus Fair
Value of
Awards
Granted and
Vested in
the Year
Year over
Year Change
(Positive or
Negative) in
Fair Value of
Stock Awards
Granted in Prior
Years that
Vested in
the Year
Less Year
End Fair Value
of Awards
Granted in
Prior Years
that Failed
to Meet the
Applicable
Vesting
Conditions in
the Year
Total
Equity
Award
Adjustments
Company’s CEO
2024 $  11,246,461 $  2,658,938 $  653,052 $  14,558,450
Average of Non-CEO NEOs
2024 $  4,680,900 $  613,640 $  81,445 $  256,259 $  301,053 $  5,331,192
     
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Cumulative TSR of the Company and Cumulative TSR of the Peer Group
The following graph compares the amount of compensation actually paid to our CEO and the average compensation actually paid to our Non-CEO NEOs with our cumulative TSR and the TSR of our peer group over the four years presented in the table.
[MISSING IMAGE: bc_tsr-4c.jpg]
     
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income (Loss)
The following graph compares the amount of compensation actually paid to our CEO and the average compensation paid to our Non-CEO NEOs to our net income (loss) over the four years presented in the table.
[MISSING IMAGE: bc_netincome-4c.jpg]
     
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Revenue
The following graph compares the amount of compensation actually paid to our CEO and the average compensation actually paid to our Non-CEO NEOs with revenue. While the Company uses several financial performance measures to evaluate performance for purposes of its executive compensation program, the Company has determined that revenue is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the NEOs for the most recently completed fiscal year to Company performance. Revenue is a key driver of both (i) our annual cash incentive plan, which, for fiscal 2024, utilized revenue adjusted to reflect the impact, if any, of acquisitions and divestitures during the year as one of the two corporate performance measures (weighted 50%) and (ii) our long-term equity incentive compensation program in our fiscal 2024 Rule of 40 PSUs (average 3-year revenue growth percentage). Note, however, that because a significant portion of compensation actually paid is comprised of equity awards, which have multi-year vesting periods, compensation actually paid is heavily impacted by fluctuations in stock price year-over-year, as compared to revenue.
[MISSING IMAGE: bc_revenue-4c.jpg]
     
Total Shareholder Return Vs Peer Group
Compensation Actually Paid vs. Cumulative TSR of the Company and Cumulative TSR of the Peer Group
The following graph compares the amount of compensation actually paid to our CEO and the average compensation actually paid to our Non-CEO NEOs with our cumulative TSR and the TSR of our peer group over the four years presented in the table.
[MISSING IMAGE: bc_tsr-4c.jpg]
     
Tabular List, Table
Financial Performance Measures
As described in greater detail in the Compensation Discussion and Analysis section, our executive compensation program reflects a variable pay-for-performance philosophy with a substantial portion of our NEOs’ annual target total direct compensation “at-risk” and/or subject to performance-based vesting requirements. The metrics that we use for both our short and long-term compensation programs are selected based on the objective of ensuring our NEOs’ interests are aligned with those of our shareholders and to motivate and reward individual initiative and effort. The most important financial performance measures used by us to link executive compensation actually paid to the NEOs, for the most recently completed fiscal year, to our performance are set forth below. These measures are utilized in our annual cash and long-term equity incentive compensation programs.

Revenue

Non-GAAP EBIT

Rule of 40 (Average 3-year revenue growth percentage + Average 3-year EBITDA margin)

Relative TSR compared to the Russell 2000 Index
     
Total Shareholder Return Amount $ 104.8 66.62 113.58 157.59
Peer Group Total Shareholder Return Amount 113.96 77.3 80.03 123.04
Net Income (Loss) $ 12,000,000 $ (119,000,000) $ (34,000,000) $ (90,000,000)
Company Selected Measure Amount 659,700,000 596,600,000 528,700,000 443,000,000
PEO Name Mr. Howe      
Measure:: 1        
Pay vs Performance Disclosure        
Name Revenue      
Non-GAAP Measure Description
5.
Revenue as reported under GAAP.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Non-GAAP EBIT      
Measure:: 3        
Pay vs Performance Disclosure        
Name Rule of 40 (Average 3-year revenue growth percentage + Average 3-year EBITDA margin)      
Measure:: 4        
Pay vs Performance Disclosure        
Name Relative TSR compared to the Russell 2000 Index      
PEO | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (8,126,936)      
PEO | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 14,558,450      
PEO | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 11,246,461      
PEO | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,658,938      
PEO | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
PEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 653,052      
PEO | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount      
Non-PEO NEO | Equity Awards Value In Summary Compensation Table (Grant Date Value) [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (3,900,177)      
Non-PEO NEO | Total Equity Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,331,192      
Non-PEO NEO | Year-end Fair Value Of Awards Granted In The Current Fiscal Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 4,680,900      
Non-PEO NEO | Change In Fair Value Of Outstanding And Unvested Awards Granted In Prior Fiscal Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 613,640      
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Current Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 81,445      
Non-PEO NEO | Change In Fair Value As Of Vesting Date Of Prior Year Awards Vested During Current Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 256,259      
Non-PEO NEO | Adjustments For Equity Awards Failed To Meet Performance Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (301,053)