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EQUITY COMPENSATION PLANS AND SHARE-BASED COMPENSATION (Tables)
 3 Months Ended
Jun. 30, 2016
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 months ended June 30, 2016 and 2015, which is included in our condensed consolidated statements of income (in thousands, except per share data):

  
Three Months Ended
June 30,
 
  
2016
  
2015
 
Cost of revenues (1)
 
$
479
  
$
383
 
Research and development
  
594
   
575
 
Sales and marketing (2)
  
704
   
1,172
 
General and administrative
  
1,042
   
671
 
Share-based compensation expense before income taxes
  
2,819
   
2,801
 
Income tax benefit
  
(984
)
  
(988
)
Total share-based compensation expense after income taxes
 
$
1,835
  
$
1,813
 
Net impact of share-based compensation on:
        
Basic net income per share
 
$
0.08
  
$
0.08
 
Diluted net income per share
 
$
0.08
  
$
0.08
 
 
(1)Cost of revenues reported in the table include share-based compensation expense from continuing and discontinued operations. During the three months ended June 30, 2016 and 2015, share-based compensation expense included in cost of revenues from continuing operations was $0.5 million and $0.3 million, respectively, and from discontinued operations was $0 and $0.1 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 June 30, 2016 and 2015, share-based compensation expense included in sales and marketing expenses from continuing operations was $0.7 million and $1.0 million, respectively, and from discontinued operations was $0 and $0.2 million, respectively.
Restricted Stock Unit Activity
The following table summarizes restricted stock unit activity for the three months ended June 30, 2016.
 
  
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, 2016
  
524,000
  
$
45.37
   
311,000
  
$
48.29
 
Granted
  
113,000
   
44.54
   
152,000
   
44.54
 
Vested (2)
  
(93,000
)
  
42.84
   
(24,000
)
  
40.82
 
Canceled and forfeited
  
(24,000
)
  
46.48
   
-
   
-
 
Nonvested at June 30, 2016
  
520,000
  
$
45.59
   
439,000
  
$
47.40
 
 
(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.