Share-based Compensation (Tables)

6 Months Ended

Sep. 30, 2019

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 condensed consolidated statements of operations:

	Three Months Ended September 30,				Six Months Ended September 30,
(In thousands)	2019		2018		2019		2018
Product development	$	672	$	514	$	940	$	429
Sales and marketing		51		134		113		199
General and administrative		622		617		774		1,046
Total share-based compensation expense	$	1,345	$	1,265	$	1,827	$	1,674

Activity related SSARs award

The following table summarizes the activity during the six months ended September 30, 2019 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, 2019		1,016,643		$	11.22
Granted		91,364			22.41
Exercised		(30,430	)		9.47
Forfeited		(14,706	)		18.39
Expired		(8,937	)		10.27
Outstanding at September 30, 2019		1,053,934		$	12.15		4.5	$	14,183
Exercisable at September 30, 2019		773,583		$	10.98		4.2	$	11,321

Activity related to restricted shares awarded by the Company

The following table summarizes the activity during the six months ended September 30, 2019 for restricted shares awarded under the 2011 and 2016 Plans:

	Number of Shares			Weighted-Average Grant-Date Fair Value
(In thousands, except share and per share data)				(per share)
Outstanding at April 1, 2019		237,146		$	13.46
Granted		190,042			22.49
Vested		(2,757	)		22.67
Forfeited		(35,696	)		16.81
Outstanding at September 30, 2019		388,735		$	17.49

Performance shares awarded

The following table summarizes the activity during the six months ended September 30, 2019 for the performance shares awarded under the 2016 Plan:

(In thousands, except share and per share data)	Number of Shares
Outstanding at April 1, 2019		63,291
Granted		30,120
Vested		(23,526	)
Forfeited		(39,765	)
Outstanding at September 30, 2019		30,120