Share-based Compensation (Tables)

3 Months Ended

Jun. 30, 2017

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 Condensed Consolidated Statements of Operations:



	Three months ended
	June 30,
(In thousands)	2017		2016
Product development	$	421	$	128
Sales and marketing	169		21
General and administrative	629		197
Total share-based compensation expense	1,219		346

Activity related SSARs award

The following table summarizes the activity during the three months ended June 30, 2017 for SSARs awarded under the 2011 and 2016 Plan:



	Number of Rights		Weighted- Average Exercise Price		Remaining Contractual Term	Aggregate Intrinsic Value
(In thousands, except share and per share data)			(per right)		(in years)
Outstanding at April 1, 2017	1,094,978		$	10.44
Granted	15,000		9.84
Exercised	—		—
Forfeited	(9,944	)	9.60
Cancelled/expired	(5,693	)	9.60
Outstanding at June 30, 2017	1,094,341		$	10.45	5.5	$	274
Exercisable at June 30, 2017	335,741		$	10.04	3.6	$	274

The following table summarizes the activity during the three months ended June 30, 2017 for restricted shares awarded under the 2016 and 2011 Plan:



	Number of Shares		Weighted- Average Grant- Date Fair Value
(In thousands, except share and per share data)			(per share)
Outstanding at April 1, 2017	490,355		$	10.72
Granted	93,827		9.84
Vested	—		—
Forfeited	(29,511	)	11.85
Outstanding at June 30, 2017	554,671		$	10.51

Performance shares awarded

The following table summarizes the activity during the three months ended June 30, 2017 for the performance shares awarded under the 2016 Plan:



	Number of Shares

Outstanding at April 1, 2017	—
Granted	91,463
Vested	—
Outstanding at June 30, 2017	91,463