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Stock-Based Compensation (Tables)
3 Months Ended
Jun. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock-Based Compensation Expense

The Company accounts for its stock-based compensation at fair value. The following table summarizes stock-based compensation expense by financial statement line item for the three months ended June 30, 2013 and 2012 (in thousands):

 

     Three months ended
June 30,
 
     2013      2012  

Cost of revenues

   $ 205       $ 170   

Research and development

     575         562   

Selling, general and administrative

     1,355         1,262   
  

 

 

    

 

 

 

Total

   $ 2,135       $ 1,994   
  

 

 

    

 

 

 
Schedule of Weighted Average Assumptions used in Black-Scholes Valuation Model for Stock Options Granted

The weighted-average assumptions used in the Black-Scholes valuation model for stock options granted during the three months ended June 30, 2013 and 2012 are as follows:

 

     Three months ended
June 30,
 
     2013     2012  

Expected volatility

     74.6     72.0

Risk-free interest rate

     1.7     0.9

Expected life (years)

     5.9        5.9   

Dividend yield

     None        None