Share-based Compensation (Tables)

6 Months Ended

Sep. 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				Six months ended
	September 30,				September 30,
(In thousands)	2017		2016		2017		2016
Product development	$	105	$	200	$	526	$	328
Sales and marketing	187		32		356		53
General and administrative	808		262		1,436		460
Total share-based compensation expense	1,100		494		2,318		841

Activity related SSARs award

The following table summarizes the activity during the six months ended September 30, 2017 for SSARs awarded under the 2011 and 2016 Plans:



	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	159,376		10.17
Exercised	(25,001	)	8.64
Forfeited	(55,530	)	9.98
Cancelled/expired	(40,766	)	9.32
Outstanding at September 30, 2017	1,133,057		$	10.51	5.6	$	1,741
Exercisable at September 30, 2017	275,667		$	10.26	3.5	$	573

The following table summarizes the activity during the six months ended September 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	115,026		9.91
Vested	(83,147	)	13.40
Forfeited	(77,925	)	10.69
Outstanding at September 30, 2017	444,309		$	10.02

Performance shares awarded

The following table summarizes the activity during the six months ended September 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 September 30, 2017	91,463