XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.2
STOCK-BASED COMPENSATION
 3 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
The following table summarizes stock-based compensation expense recognized in the condensed consolidated statements of operations: 
 Three Months Ended
June 30,
 20222021
Cost of revenue$7,482 $5,885 
General and administrative expenses6,214 6,559 
Total$13,696 $12,444 
The following table summarizes the total stock-based compensation expense recognized in the condensed consolidated statements of operations by the following types of equity awards:
 Three Months Ended
June 30,
 20222021
Equity Incentive Plan Options$552 $573 
Restricted Stock and other awards13,144 11,871 
Total$13,696 $12,444 
As of June 30, 2022, there was $99.2 million of total unrecognized compensation cost related to unvested stock-based compensation agreements. The unrecognized compensation cost as of June 30, 2022 is expected to be fully amortized over the next 4.92 years. Absent the effect of accelerating stock compensation cost for any departures of employees who may continue to vest in their equity awards, the following table summarizes the unrecognized compensation cost and the weighted-average period the cost is expected to be amortized.
June 30, 2022
Unrecognized Compensation CostWeighted Average Remaining Period to be Recognized (in years)
Equity Incentive Plan Options$5,518 4.11
Restricted Stock and other Awards93,632 1.98
Total$99,150 
Equity Incentive Plan
As of June 30, 2022, there were 1.3 million EIP options outstanding, of which 0.6 million were unvested.
During the three months ended June 30, 2022, the Board of Directors granted 0.8 million restricted stock units to certain employees of the Company. The aggregate value of these awards was $66.4 million based on the grant date stock price