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STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - (Tables) | 12 Months Ended
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Mar. 31, 2024
Equity [Abstract] |
Schedule of Stock-based Compensation Activity, by Award Type | The Company's stock-based compensation activity for fiscal years 2024, 2023, and 2022, by award type, was (dollars in thousands):
|  | For the twelve months ended March 31,
|  | 2024 |  | 2023 |  | 2022
Stock options |  | $ | 1,014 |  |  | $ | 968 |  |  | $ | 1,935 |
Restricted stock units, time-vesting |  | 56,583 |  |  | 105,147 |  |  | 49,217 |
Restricted stock units, performance based |  | 7,403 |  |  | 6,796 |  |  | 6,791 |
Diablo restricted stock awards |  | — |  |  | 1,126 |  |  | 794 |
Habu restricted stock awards |  | 144 |  |  | — |  |  | — |
Data Plus Math ("DPM") acquisition consideration holdback |  | — |  |  | 2,031 |  |  | 8,122 |
Pacific Data Partners assumed performance plan |  | — |  |  | — |  |  | 9,101 |
Acuity performance plan |  | 165 |  |  | 815 |  |  | 1,912 |
DataFleets acquisition consideration holdback |  | 2,266 |  |  | 5,611 |  |  | 6,043 |
Habu acquisition consideration holdback |  | 813 |  |  | — |  |  | — |
Employee stock purchase plan |  | 1,666 |  |  | 2,051 |  |  | 1,803 |
Directors stock-based compensation |  | 1,250 |  |  | 1,255 |  |  | 1,539 |
Total non-cash stock-based compensation included in the consolidated statements of operations |  | 71,304 |  |  | 125,800 |  |  | 87,257 |
Less expense related to liability-based equity awards |  | (3,247) |  |  | (8,449) |  |  | (16,077) |
Total non-cash stock-based compensation included in the consolidated statements of equity |  | $ | 68,057 |  |  | $ | 117,351 |  |  | $ | 71,180 |
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 thousands):
|  | For the twelve months ended March 31,
|  | 2024 |  | 2023 |  | 2022
Cost of revenue |  | $ | 3,553 |  |  | $ | 6,317 |  |  | $ | 4,111 |
Research and development |  | 27,189 |  |  | 55,407 |  |  | 32,112 |
Sales and marketing |  | 18,948 |  |  | 29,429 |  |  | 28,586 |
General and administrative |  | 21,614 |  |  | 34,647 |  |  | 22,448 |
Total non-cash stock-based compensation included in the consolidated statements of operations |  | $ | 71,304 |  |  | $ | 125,800 |  |  | $ | 87,257 |
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 March 31, 2024, by award type (dollars in thousands).
|  | For the years ending
|  | 2025 |  | 2026 |  | 2027 |  | 2028 |  |  |  | Total
Stock options |  | $ | 3,260 |  |  | $ | 2,488 |  |  | $ | 1,251 |  |  | $ | 102 |  |  |  |  | $ | 7,101 |
Restricted stock units |  | 83,397 |  |  | 36,461 |  |  | 9,900 |  |  | — |  |  |  |  | 129,758 |
Habu restricted stock awards |  | 857 |  |  | 273 |  |  | 6 |  |  | — |  |  |  |  | 1,136 |
Habu acquisition consideration holdback |  | 4,879 |  |  | 4,879 |  |  | 4,067 |  |  | — |  |  |  |  | 13,825 |
Employee stock purchase plan |  | 337 |  |  | — |  |  | — |  |  | — |  |  |  |  | 337 |
Expected future expense |  | $ | 92,730 |  |  | $ | 44,101 |  |  | $ | 15,224 |  |  | $ | 102 |  |  |  |  | $ | 152,157 |
Schedule of Option Activity | Stock option activity for the fiscal year ended March 31, 2024 was:
|  |  |  |  |  | Weighted average |  |
|  |  |  | Weighted average |  | remaining |  | Aggregate
|  | Number of |  | exercise price |  | contractual term |  | Intrinsic value
|  | shares |  | per share |  | (In years) |  | (In thousands)
Outstanding at March 31, 2023 |  | 524,911 |  |  | $ | 18.39 |  |  |  |  |
Habu replacement stock options issued |  | 252,364 |  |  | $ | 8.91 |  |  |  |  |
Exercised |  | (152,743) |  |  | $ | 19.24 |  |  |  |  | $ | 898 |
Forfeited or canceled |  | (2,410) |  |  | $ | 5.21 |  |  |  |  |
Outstanding at March 31, 2024 |  | 622,122 |  |  | $ | 14.39 |  |  | 4.0 |  | $ | 12,213 |
Exercisable at March 31, 2024 |  | 388,741 |  |  | $ | 17.67 |  |  | 1.3 |  | $ | 6,354 |
Schedule of Stock Options Outstanding and Exercisable | A summary of stock options outstanding and exercisable as of March 31, 2024 was:
|  |  |  |  |  | Options outstanding |  | Options exercisable
Range of |  |  |  | Weighted average |  | Weighted average |  |  |  | Weighted average
exercise price |  | Options |  | remaining |  | exercise price |  | Options |  | exercise price
per share |  | outstanding |  | contractual life |  | per share |  | exercisable |  | per share
$ | — |  |  | — |  | $ | 9.99 |  |  | 274,869 |  |  | 8.2 years |  | $ | 8.26 |  |  | 41,488 |  |  | $ | 4.58 |
$ | 10.00 |  |  | — |  | $ | 19.99 |  |  | 182,603 |  |  | 1.1 years |  | $ | 17.49 |  |  | 182,603 |  |  | $ | 17.49 |
$ | 20.00 |  |  | — |  | $ | 24.99 |  |  | 164,650 |  |  | 0.3 years |  | $ | 21.18 |  |  | 164,650 |  |  | $ | 21.18 |
|  |  |  |  |  | 622,122 |  |  | 4.0 years |  | $ | 14.39 |  |  | 388,741 |  |  | $ | 17.67 |
Schedule of Changes in Restricted Stock | Restricted stock share activity for the fiscal year ended March 31, 2024 was:
|  |  |  | Weighted average |  |
|  |  |  | fair value per |  | Weighted average
|  | Number |  | share at grant |  | remaining contractual
|  | of shares |  | date |  | term (in years)
Unvested restricted stock awards at March 31, 2023 |  | — |  |  | $ | — |  |  |
Habu replacement restricted stock award |  | 36,118 |  |  | $ | 39.48 |  |  |
Vested |  | — |  |  | $ | — |  |  |
Unvested restricted stock awards at March 31, 2024 |  | 36,118 |  |  | $ | 39.48 |  |  | 1.3 years
Schedule of Time-vesting Restricted Stock Unit Activity | RSU activity for the fiscal year ended March 31, 2024 was:
|  |  |  | Weighted-average |  |
|  |  |  | fair value per |  | Weighted-average
|  | Number |  | share at grant |  | remaining contractual
|  | of shares |  | date |  | term (in years)
Outstanding at March 31, 2023 |  | 4,009,759 |  |  | $ | 32.57 |  |  | 2.20
Granted |  | 1,783,478 |  |  | $ | 27.26 |  |  |
Habu replacement restricted stock units |  | 410,853 |  |  | $ | 39.48 |  |  |
Vested |  | (1,366,265) |  |  | $ | 32.20 |  |  |
Forfeited or canceled |  | (436,312) |  |  | $ | 33.32 |  |  |
Outstanding at March 31, 2024 |  | 4,401,513 |  |  | $ | 31.10 |  |  | 1.64
Schedule of Non-vested Performance-based Restricted Stock Units Activity | PSU activity for the fiscal year ended March 31, 2024 was:
|  |  |  | Weighted-average |  |
|  |  |  | fair value per |  | Weighted-average
|  | Number |  | share at grant |  | remaining contractual
|  | of shares |  | date |  | term (in years)
Outstanding at March 31, 2023 |  | 709,589 |  |  | $ | 34.97 |  |  | 1.38
Granted |  | 666,496 |  |  | $ | 31.58 |  |  |
Vested |  | (57,114) |  |  | $ | 47.12 |  |  |
Forfeited or canceled |  | (223,223) |  |  | $ | 40.46 |  |  |
Outstanding at March 31, 2024 |  | 1,095,748 |  |  | $ | 31.15 |  |  | 1.61

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