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STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

Summary of Stock-based Compensation Expense Recognized in the Consolidated Statements of Operations

The following table summarizes stock-based compensation expense recognized in the consolidated statements of operations: 

			Fiscal Year Ended March 31,
			2022						2021						2020
Cost of revenue			$	36,836					$	27,682					$	16,272
General and administrative expenses			32,948						32,162						27,018
Total			$	69,784					$	59,844					$	43,290

The following table summarizes the total stock-based compensation expense recognized in the consolidated statements of operations by the following types of equity awards:

			Fiscal Year Ended March 31,
			2022						2021						2020
Equity Incentive Plan Options			$	1,793					$	2,625					$	2,741
Restricted Stock and Other Awards			67,991						57,219						40,549
Total			$	69,784					$	59,844					$	43,290

Schedule of Unrecognized Compensation Cost

Absent the effect of forfeiture or acceleration of stock compensation cost for any departures of employees, the following tables summarize the unrecognized compensation cost, the weighted average period the cost is expected to be amortized, and the estimated annual compensation cost for the future periods indicated below (excludes any future award): 

						Unrecognized Compensation Cost												Weighted Average Remaining Period to be Recognized
						March 31, 2022						March 31, 2021						March 31, 2022						March 31, 2021
Equity Incentive Plan Options						$	2,359					$	3,426					3.2						3.5
Restricted Stock and Other Awards						46,528						39,881						1.7						1.9
Total						$	48,887					$	43,307

						Total Unrecognized Compensation Cost
						Total						2023						2024						2025						2026						2027
Equity Incentive Plan Options						$	2,359					$	1,274					$	681					$	312					$	88					$	4
Restricted Stock and Other Awards						46,528						30,448						12,455						3,238						387						—
Total						$	48,887					$	31,722					$	13,136					$	3,550					$	475					$	4

Schedule of Unvested Restricted Stock Activity

The following table summarizes unvested restricted stock activity for the periods presented:

						Number of Shares						Weighted Average Grant Date Fair Value
Unvested Restricted Stock Awards
Unvested at March 31, 2021						920,500						$	65.37
Granted						1,154,622						77.85
Vested						935,485						63.72
Forfeited						75,377						80.33
Unvested at March 31, 2022						1,064,260						$	79.29

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
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-Paragraph 2
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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement.

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