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Share-based Compensation (Tables)
 12 Months Ended
Mar. 31, 2015
Share-based Compensation [Abstract]  
Summary of share-based compensation expense for options
The following table summarizes the share-based compensation expense for options, SSARs, restricted and performance awards included in the Consolidated Statements of Operations for fiscal 2015, 2014 and 2013:
 
Year ended March 31,
(In thousands)
2015
 
2014
 
2013
Product development
$
1,168

 
$
700

 
$
475

Sales and marketing
135

 
90

 
65

General and administrative
1,837

 
1,329

 
1,098

Total share-based compensation expense
$
3,140

 
$
2,119

 
$
1,638
Activity related stock options award
The following table summarizes the activity during fiscal 2015 for stock options awarded under the 2006 Plan:
(In thousands, except share and per share data)
Number
of
Options
 
Weighted-
Average
Exercise
Price
 
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
 
 
 
(per share)
 
(in years)
 
 
Outstanding at April 1, 2014
627,500

 
$
15.26

 
 
 
 
Granted
—

 
—

 
 
 
 
     Exercised
(15,000
)
 
13.76

 
 
 
 
     Cancelled/expired
(30,000
)
 
13.11

 
 
 
 
Outstanding and exercisable at March 31, 2015
582,500

 
$
15.41

 
1.1
 
$
—
Schedule additional information related to stock option activity
The following table presents additional information related to stock option activity during the fiscal years ended March 31, 2015, 2014 and 2013:
(In thousands)
2015
2014
2013
Proceeds from stock options exercised
$
102

$
169

$
67

Total intrinsic value of stock options exercised
$
4

$
1,402

$
382
Schedule of principal assumptions utilized in valuing SSARs
The following table summarizes the principal assumptions utilized in valuing SSARs granted in fiscal 2015, 2014 and 2013:
 
2015
2014
2013
Risk-free interest rate
1.52%
1.05%-1.39%
0.67%-0.89%
Expected life (in years)
5
5
5
Expected volatility
82.56%
80.78%-80.93%
81.03%-83.77%
Weighted average grant date fair value
$7.23
$7.96
$4.92
Activity related SSARs award
The following table summarizes the activity during fiscal 2015 for SSARs awarded under the 2011 Plan and the 2006 Plan:
(In thousands, except share and per share data)
Number
of Rights
 
Weighted-
Average
Exercise
Price
 
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
 
 
 
(per right)
 
(in years)
 
 
Outstanding at April 1, 2014
320,236

 
$
9.05

 
 
 
 
Granted
115,020

 
14.41

 
 
 
 
Exercised
(16,078
)
 
7.75

 
 
 
 
Forfeited
(11,835
)
 
7.46

 
 
 
 
Cancelled/expired
(13,333
)
 
7.46

 
 
 
 
Outstanding at March 31, 2015
394,010

 
$
10.76

 
4.8
 
$
388

Exercisable at March 31, 2015
286,849

 
$
9.63

 
4.3
 
$
388

Vested and expected to vest at March 31, 2015
375,666

 
$
10.61

 
4.8
 
$
388

The following table presents additional information related to SSARs activity during fiscal 2015, 2014 and 2013:
(In thousands)
2015
2014
2013
Compensation expense
$
792

$
611

$
595

Total intrinsic value of SSARs exercised
$
96

$
2,131

$
373

Total fair value of SSARs vesting
$
779

$
636

$
778
Activity related to restricted shares awarded by the Company
The following table presents additional information related to restricted stock activity during fiscal years 2015, 2014, and 2013:
(In thousands)
2015
2014
2013
Compensation expense
$
2,348

$
1,486

$
989

Total fair value of restricted share vesting
$
1,572

$
1,579

$
1,099

The following table summarizes the activity during the twelve months ended March 31, 2015 for restricted shares awarded under the 2011 Plan:
 
Number
of Shares
 
Weighted-
Average
Grant-
Date Fair
Value
 
 
 
(per share)
Outstanding at April 1, 2014
139,501

 
$
10.72

Granted
360,321

 
13.79
Vested
(154,900
)
 
11.68
Forfeited
(22,836
)
 
13.3
Outstanding at March 31, 2015
322,086

 
$
13.49
Performance shares awarded by the Company
The following table summarizes the activity during fiscal 2015 for performance shares awarded under the 2011 Plan:
 
Number
of
Shares
 
Weighted-
Average
Grant-
Date Fair
Value
 
 
 
(per share)
Outstanding at April 1, 2014
17,728

 
$
8.64

Granted
—

 
—

Vested
(17,728
)
 
$
8.64

Outstanding at March 31, 2015
—

 
$
8.64
Schedule of additional information related to performance share activity
The following table presents additional information related to performance share activity during the fiscal 2015, 2014, and 2013:
(In thousands)
2015
2014
2013
Compensation expense
$
77

$
22

$
54

Total fair value of performance share vesting
$
174

$
—

—