The following table summarizes our stock based grants:



	Three Months Ended		Six Months Ended
	September 30, 2014		September 30, 2014
Option grant:
Shares granted from 2011 Incentive Plan to non-executive director	5,267		5,267
Fair market value per share on date of grant	$	46.92	$	46.92
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 2015	$	64	$	64
Expense recognized as a component of operating expenses	$	9	$	9

Restricted Stock (“RSU”) grants:
Units granted from 2011 Incentive Plan	67,127		529,530
Vesting period, in years - high	10		10
Vesting period, in years - low	1		1
Compensation information related to RSUs granted in period (in thousands):
Total fair market value, recognized over vesting period	$	3,777	$	26,061
Total expected expense to be recognized in Fiscal 2015	$	482	$	2,609
Expense recognized as a component of operating expenses	$	25	$	1,007
Expense capitalized in property and equipment, net ⁽²⁾	$	16	$	16

RSUs vesting in period:	7,080		87,268
Additional compensation expense recorded for awards vesting prior to the completion of the initially estimated requisite service period, recognized as a component of operating expenses (in thousands)	$	—	$	6
Shares withheld in payment for taxes associated with vested RSUs	2,705		41,205

DSU grants:
Units granted from 2011 Incentive Plan to non-executive directors	14,917		14,917
Vesting period, in years	1		1
Compensation information related to DSUs granted in period (in thousands):
Total fair market value, recognized over vesting period	$	700	$	700
Total expected expense to be recognized in Fiscal 2015	$	445	$	445
Expense recognized as a component of operating expenses	$	64	$	64

DSUs converted to common shares in period	30,581		30,581

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

(2) 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.