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Stock-Based Compensation
 9 Months Ended
Dec. 31, 2024
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
December 31,		Nine Months Ended
December 31,
 2024202320242023
Cost of revenue$9,115 $9,348 $25,938 $26,300 
General and administrative expenses16,003 14,419 44,892 34,977 
Total$25,118 $23,767 $70,830 $61,277 
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, including stock options, time-based and performance-based restricted stock awards. Compensation expense for performance-based awards is estimated at each reporting date using management's expectation of the probable achievement of the specified performance criteria of each tranche during the respective performance periods:
 Three Months Ended
December 31,		Nine Months Ended
December 31,
 2024202320242023
Equity Incentive Plan Options$221 $297 $731 $991 
Restricted Stock and other awards24,897 23,470 70,099 60,286 
Total$25,118 $23,767 $70,830 $61,277 
As of December 31, 2024, there was $92.1 million of total unrecognized compensation cost related to unvested stock-based compensation agreements. Absent the effect of forfeiture or acceleration of stock compensation cost for any departures of employees, the following table summarizes the unrecognized compensation cost and the weighted-average period the cost is expected to be amortized (excludes any future award):
December 31, 2024
Unrecognized Compensation CostWeighted Average Remaining Period to be Recognized (in years)
Equity Incentive Plan Options$1,514 3.10
Restricted Stock Awards90,634 1.78
Total$92,148 
Equity Incentive Plan
During the nine months ended December 31, 2024, the Board of Directors granted 0.6 million time-based and performance-based restricted stock units to certain employees of the Company. The aggregate value of these awards was $97.1 million based on the grant date fair value. The performance-based awards granted during the nine months ended December 31, 2024 included additional market conditions related to the Company’s total shareholder return relative to its peer group over the three-year performance period. The Company recognizes compensation expense for these performance-based awards with market conditions based on the grant-date fair value calculated using a Monte Carlo model.