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EQUITY COMPENSATION PLANS AND SHARE-BASED COMPENSATION (Tables)
 9 Months Ended
Dec. 31, 2015
EQUITY COMPENSATION PLANS AND SHARE-BASED COMPENSATION [Abstract]  
Total Share-based Compensation Expense, Net of Tax
The following table summarizes total share-based compensation expense, net of tax, related to restricted stock units during the three and nine months ended December 31, 2015 and 2014, which is included in our condensed consolidated statements of income (in thousands, except per share data):

  
Three Months Ended
December 31,
  
Nine Months Ended
December 31,
 
  
2015
  
2014
  
2015
  
2014
 
Cost of revenues (1)
 
$
256
  
$
347
  
$
950
  
$
1,102
 
Research and development
  
484
   
380
   
1,591
   
1,199
 
Sales and marketing (2)
  
677
   
819
   
2,679
   
2,346
 
General and administrative
  
980
   
1,147
   
3,016
   
2,573
 
Share-based compensation expense before income taxes
  
2,397
   
2,693
   
8,236
   
7,220
 
Income tax benefit
  
(845
)
  
(907
)
  
(2,904
)
  
(2,431
)
Total share-based compensation expense after income taxes
 
$
1,552
  
$
1,786
  
$
5,332
  
$
4,789
 
Net impact of share-based compensation on:
                
Basic net income per share
 
$
0.07
  
$
0.08
  
$
0.24
  
$
0.21
 
Diluted net income per share
 
$
0.07
  
$
0.08
  
$
0.23
  
$
0.21
 
 
(1)Cost of revenues reported in the table include share-based compensation expense from continuing and discontinued operations. During the three months ended December 31, 2015 and 2014, share-based compensation expense included in cost of revenues from continuing operations was $0.3 million and $0.2 million, respectively, and from discontinued operations was $0 and $0.1 million, respectively. During the nine months ended December 31, 2015 and 2014, share-based compensation expense included in cost of revenues from continuing operations was $0.8 million and $0.9 million, respectively, and from discontinued operations was $0.1 million and $0.2 million, respectively.
(2)Sales and marketing expenses reported in the table include share-based compensation expense from continuing and discontinued operations. During the three months ended December 31, 2015 and 2014, share-based compensation expense included in sales and marketing expenses from continuing operations was $0.7 million and $0.6 million, respectively, and from discontinued operations was $0 and $0.2 million, respectively. During the nine months ended December 31, 2015 and 2014, share-based compensation expense included in sales and marketing expenses from continuing operations was $2.5 million and $1.9 million, respectively, and from discontinued operations was $0.2 million and $0.5 million, respectively.
Restricted Stock Unit Activity
The following table summarizes restricted stock unit activity for the nine months ended December 31, 2015:

  
Time-Based
Restricted Stock Units
  
Performance-Based
Restricted Stock Units
 
  
Number of
Shares
  
Weighted
Average
Grant Date
Fair Value (1)
  
Number of
Shares
  
Weighted
Average
Grant Date
Fair Value (1)
 
Nonvested at March 31, 2015
  
679,000
  
$
36.08
   
148,000
  
$
40.82
 
Granted
  
187,000
   
52.95
   
187,000
   
55.08
 
Vested (2)
  
(286,000
)
  
30.01
   
-
   
-
 
Canceled and forfeited
  
(52,000
)
  
35.67
   
(24,000
)
  
55.08
 
Nonvested at December 31, 2015
  
528,000
  
$
45.37
   
311,000
  
$
48.29
 
 
(1)The weighted average grant date fair value of restricted stock units is based on the number of shares and the closing market price of our common stock on the date of grant.
(2)The number of restricted stock units vested includes shares that we withheld on behalf of our employees to satisfy the statutory tax withholding requirements.