Stock-Based Compensation

3 Months Ended

Jun. 30, 2015

Share-based Compensation [Abstract]

Stock-Based Compensation

Stock-Based Compensation

The following table summarizes our stock based grants (dollars in thousands):

	Three Months Ended
	June 30, 2015
Restricted Stock (“RSU”) grants:
Units granted from 2011 Incentive Plan	17,953
Vesting period, in years - high	10
Vesting period, in years - low	5
Compensation information related to RSUs granted in period:
Total fair market value, recognized over vesting period	$	1,223
Total expected expense to be recognized in Fiscal 2016	$	79
Expense recognized as a component of operating expenses	$	7
Expense capitalized in property and equipment, net (1)	$	4
RSUs vesting in period:
RSU shares vesting in period	45,712
Shares withheld in payment for taxes associated with vested RSUs	21,205
Net Option Exercises (shares withheld in payment of exercise price and related withholding taxes):
Number of shares withheld	28,916
Value of shares withheld	$	1,982

(1) 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.