Stock-Based Compensation

6 Months Ended

Sep. 30, 2013

Share-based Compensation [Abstract]

Stock-Based Compensation

The following table summarizes our stock based grants:

	Three Months Ended		Six Months Ended
	September 30, 2013		September 30, 2013
Option grant:
Shares granted from 2011 Incentive Plan to non-executive director	11,625		11,625
Fair market value on date of grant	$	23.12	$	23.12
Expiration period, in years	10		10
Vesting period, in years	1		1
Compensation information related to option granted in period(1) (in thousands):
Total valuation, recognized over vesting period	$	100	$	100
Total expected expense to be recognized in Fiscal 2014	$	64	$	64
Expense recognized as a component of selling and administrative expense	$	9	$	9
Restricted Stock (“RSU”) grant:
Units granted from 2011 Incentive Plan	7,080		7,080
Vesting period, in years(2)	3		3
Compensation information related to RSUs granted in period (in thousands):
Total fair market value, recognized over vesting period	$	172	$	172
Total expected expense to be recognized in Fiscal 2014	$	36	$	36
Expense recognized as a component of selling and administrative expense	$	5	$	5
Expense capitalized in property and equipment, net (3)	$	2	$	2
DSU grants:
Units granted from 2011 Incentive Plan to non-executive directors	29,609		29,609
Vesting period, in years	1		1
Compensation information related to DSUs granted in period (in thousands):
Total fair market value, recognized over vesting period	$	693	$	693
Total expected expense to be recognized in Fiscal 2014	$	437	$	437
Expense recognized as a component of selling and administrative expense	$	55	$	55

(1) Compensation amounts based on Black-Scholes valuation.

(2) Award granted with cliff vesting provision.

(3) Amounts capitalized in accordance with our policies related to Capitalized Software as described in Note 2 of Notes to Consolidated Financial Statements in the Form 10-K.