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Share-based Compensation (Tables)
 12 Months Ended
Mar. 31, 2018
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 2018, 2017 and 2016:
 
Year ended March 31,
(In thousands)
2018
 
2017
 
2016
Product development
$
1,306

 
$
1,545

 
$
1,183

Sales and marketing
371

 
360

 
68

General and administrative
3,011

 
522

 
2,154

Total share-based compensation expense
$
4,688

 
$
2,427

 
$
3,405
Activity related stock options award
 
Year ended March 31,
(In thousands)
2018
 
2017
 
2016
Product development
$
1,306

 
$
1,545

 
$
1,183

Sales and marketing
371

 
360

 
68

General and administrative
3,011

 
522

 
2,154

Total share-based compensation expense
$
4,688

 
$
2,427

 
$
3,405
Schedule additional information related to stock option activity
 
Year ended March 31,
(In thousands)
2018
 
2017
 
2016
Product development
$
1,306

 
$
1,545

 
$
1,183

Sales and marketing
371

 
360

 
68

General and administrative
3,011

 
522

 
2,154

Total share-based compensation expense
$
4,688

 
$
2,427

 
$
3,405
Schedule of principal assumptions utilized in valuing SSARs
The following table summarizes the principal assumptions utilized in valuing SSARs granted in fiscal 2018, 2017 and 2016:
 
2018
2017
2016
Risk-free interest rate
1.74%-1.94%
0.94%-2.14%
1.53%-1.61%
Expected life (in years)
5
5
5
Expected volatility
32.42% - 32.84%
35.25%-40.22%
46.34%-47.25%
Weighted average grant date fair value
$3.36
$3.69
$3.95
Activity related SSARs award
The following table presents additional information related to SSARs activity during fiscal 2018, 2017 and 2016:
(In thousands)
2018
2017
2016
Compensation expense
$
1,869

$
621

$
1,200

Total intrinsic value of SSARs exercised
$
88

$
360

$
32

Total fair value of SSARs vesting
$
1,325

$
497

$
1,069

The following table summarizes the activity during fiscal 2018 for SSARs awarded under the 2016 and 2011 Plans:
(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, 2017
1,094,978

 
$
10.44

 
 
 
 
Granted
204,213

 
10.56

 
 
 
 
Exercised
(41,691
)
 
9.14

 
 
 
 
Forfeited
(99,661
)
 
10.02

 
 
 
 
Cancelled/expired
(54,679
)
 
9.56

 
 
 
 
Outstanding at March 31, 2018
1,103,160

 
$
10.60

 
5.2
 
$
1,570

Exercisable at March 31, 2018
604,596

 
$
10.46

 
4.6
 
$
996

Vested and expected to vest at March 31, 2018
1,103,160

 
$
10.60

 
5.2
 
$
1,570
Activity related to restricted shares awarded by the Company
The following table presents additional information related to restricted stock activity during fiscal years 2018, 2017, and 2016:
(In thousands)
2018
2017
2016
Compensation expense
$
2,594

$
1,770

$
2,167

Total fair value of restricted share vesting
$
4,315

$
1,182

$
1,638

The following table summarizes the activity during the twelve months ended March 31, 2018 for restricted shares awarded under the 2016 and 2011 Plans:
 
Number
of Shares
 
Weighted-
Average
Grant-
Date Fair
Value
 
 
 
(per share)
Outstanding at April 1, 2017
490,355

 
$
10.72

Granted
267,442

 
11.11
Vested
(369,683
)
 
11.02
Forfeited
(144,760
)
 
10.58
Outstanding at March 31, 2018
243,354

 
$
10.78
Performance shares awarded by the Company
The following table summarizes the activity during fiscal 2018 for performance shares awarded under the 2011 Plan:
 
Number
of
Shares
 
Weighted-
Average
Grant-
Date Fair
Value
 
 
 
(per share)
Outstanding at April 1, 2017
—

 
$
—

Granted
91,463

 
9.84

Vested
—

 
$
—

Outstanding at March 31, 2018
91,463

 
$
9.84
Schedule of additional information related to performance share activity
The following table presents additional information related to performance share activity during the fiscal 2018, 2017, and 2016:
(In thousands)
2018
2017
2016
Compensation expense
$
225

$
36

$
39

Total fair value of performance share vesting
$
—

$
83

—