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STOCK-BASED COMPENSATION: (Tables)
3 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of stock-based compensation activity, by award type
The Company's stock-based compensation activity for the three months ended June 30, 2020, by award type, was (dollars in millions):
For the three months ended
June 30,
20202019
Stock options$0.8  $0.7  
Restricted stock units8.9  11.1  
Arbor acquisition consideration holdback—  2.6  
DPM acquisition consideration holdback1.9  —  
PDP assumed performance plan4.6  3.9  
Other non-employee stock-based compensation0.3  0.3  
Total non-cash stock-based compensation included in the condensed consolidated statements of operations16.5  18.6  
Less expense related to liability-based equity awards(6.0) (3.5) 
Total non-cash stock-based compensation included in the condensed consolidated statements of equity$10.5  $15.1  
Schedule of effect of stock-based compensation expense on income, by financial statement line item
The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in millions):
For the three months ended
June 30,
20202019
Cost of revenue$0.8  $0.8  
Research and development5.9  4.0  
Sales and marketing7.1  8.9  
General and administrative2.7  4.9  
Total non-cash stock-based compensation included in the condensed consolidated statements of operations$16.5  $18.6  
Schedule of share based compensation arrangement by share based payment award, future expense
The following table provides the expected future expense for all of the Company's outstanding equity awards at June 30, 2020, by award type. The amount for 2021 represents the remaining nine months ending March 31, 2021. All other periods represent fiscal years ending March 31 (dollars in millions)
For the years ending,
20212022202320242025Total
Stock options$1.4  $1.1  $0.3  $—  $—  $2.8  
Restricted stock units49.4  56.4  43.0  20.9  2.0  171.7  
DPM acquisition consideration holdback6.1  8.1  2.0  —  —  16.2  
PDP assumed performance plan13.8  9.2  —  —  —  23.0  
$70.7  $74.8  $45.3  $20.9  $2.0  $213.7  
Schedule of option activity Stock option activity for the three months ended June 30, 2020 was: 
Weighted-average
Weighted-averageremainingAggregate
Number ofexercise pricecontractual termIntrinsic value
sharesper share(in years)(in thousands)
Outstanding at March 31, 20201,350,658  $14.43  
Exercised(45,227) $3.70  $1,818  
Forfeited or canceled(4,228) $1.59  
Outstanding at June 30, 20201,301,203  $14.85  3.3$35,945  
Exercisable at June 30, 20201,236,810  $15.52  3.0$33,329  
Summary of stock options outstanding and exercisable
A summary of stock options outstanding and exercisable as of June 30, 2020 was:

Options outstandingOptions exercisable
Range ofWeighted-averageWeighted-averageWeighted-average
exercise priceOptionsremainingexercise priceOptionsexercise price
per shareoutstandingcontractual lifeper shareexercisableper share
$0.61  $9.99  188,424  5.1 years$1.58  124,031  $1.44  
$10.00  $19.99  709,672  2.3 years$14.69  709,672  $14.69  
$20.00  $24.99  403,107  4.0 years$21.31  403,107  $21.31  
1,301,203  3.3 years$14.85  1,236,810  $15.52  
Schedule of time-vesting restricted stock unit activity
RSU activity for the three months ended June 30, 2020 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 20203,351,638  $40.68  2.51
Granted1,604,733  $37.82  
Vested(395,982) $42.04  
Forfeited or canceled(102,872) $41.90  
Outstanding at June 30, 20204,457,517  $39.50  2.85
Schedule of non-vested performance-based restricted stock units activity
PSU activity for the three months ended June 30, 2020 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 2020545,446  $51.01  2.24
Granted246,524  $43.40  
Additional earned performance shares38,063  $55.48  
Vested(32,514) $55.48  
Forfeited or canceled(28,857) $32.62  
Outstanding at June 30, 2020768,662  $49.29  2.28