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

  
Three Months Ended
September 30,
  
Six Months Ended
September 30,
 
  
2016
  
2015
  
2016
  
2015
 
Cost of revenues (1)
 
$
487
  
$
311
  
$
966
  
$
694
 
Research and development
  
684
   
532
   
1,278
   
1,107
 
Sales and marketing (2)
  
717
   
830
   
1,421
   
2,002
 
General and administrative
  
1,178
   
1,365
   
2,220
   
2,036
 
Share-based compensation expense before income taxes
  
3,066
   
3,038
   
5,885
   
5,839
 
Income tax benefit
  
(1,058
)
  
(1,071
)
  
(2,042
)
  
(2,059
)
Total share-based compensation expense after income taxes
 
$
2,008
  
$
1,967
  
$
3,843
  
$
3,780
 
Net impact of share-based compensation on:
                
Basic net income per share
 
$
0.09
  
$
0.09
  
$
0.17
  
$
0.17
 
Diluted net income per share
 
$
0.09
  
$
0.09
  
$
0.17
  
$
0.17
 
 
(1)
Cost of revenues reported in the table include share-based compensation expense from continuing and discontinued operations. During the three months ended September 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, respectively. During the six months ended September 30, 2016 and 2015, share-based compensation expense included in cost of revenues from continuing operations was $1.0 million and $0.6 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 September 30, 2016 and 2015, share-based compensation expense included in sales and marketing expenses from continuing operations was $0.7 million and $0.8 million, respectively, and from discontinued operations was $0 and $0, respectively. During the six months ended September 30, 2016 and 2015, share-based compensation expense included in sales and marketing expenses from continuing operations was $1.4 million and $1.8 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 six months ended September 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
  
199,000
   
45.94
   
152,000
   
44.54
 
Vested (2)
  
(146,000
)
  
41.51
   
(24,000
)
  
40.82
 
Canceled and forfeited
  
(28,000
)
  
46.48
   
-
   
-
 
Nonvested at September 30, 2016
  
549,000
  
$
46.55
   
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.