XML 114 R67.htm IDEA: XBRL DOCUMENT v3.25.2
Stock Compensation - Narrative (Details) - USD ($)
1 Months Ended 12 Months Ended 31 Months Ended
Aug. 06, 2024
Feb. 01, 2021
Jun. 24, 2020
Jan. 31, 2025
Oct. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2024
Dec. 31, 2024
Sep. 21, 2023
Aug. 08, 2023
Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Shares available (in shares)           887,626            
General and administrative           $ 42,671,000 $ 44,423,000          
Product development           5,735,000 5,697,000          
Sales and support           6,110,000 5,693,000          
Stock compensation expense           13,531,000 15,507,000          
Stock repurchase program, authorized amount                   $ 250,000,000   $ 50,000,000
Retirement of common stock           8,398,000 24,676,000 $ 33,900,000        
Total cost to repurchase           8,398,000 24,676,000          
Excise and Sales Taxes           0 200,000          
Stock repurchase program, remaining authorized repurchase amount           $ 227,700,000            
President and Chief Executive Officer                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Measurement period           2 years            
Stock or unit option plan expense           $ 1,100,000            
Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Stock compensation expense           7,900,000 9,900,000          
General and administrative           7,500,000 9,100,000          
Product development           200,000 400,000          
Sales and support           200,000 400,000          
Unvested compensation expense           $ 6,000,000.0 $ 14,400,000 $ 14,400,000        
Weighted average period of recognition of unrecognized compensation cost           1 year 3 months 3 days 1 year 11 months 1 day          
Vested in period (in shares)           227,208            
Awards issued (in shares)           269,799 502,574 502,574        
Awards issued           33,834            
Performance-Based Restricted Stock Units                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Stock compensation expense           $ 500,000 $ 800,000          
Unvested compensation expense             $ 300,000 $ 300,000        
Weighted average period of recognition of unrecognized compensation cost             1 year 2 months 23 days          
Vested in period (in shares)           49,217            
Awards issued (in shares)           0 153,732 153,732        
Annual compound growth rate used to calculate stock price levels   4 years                    
Common stock trading day period   60 days                    
Awards issued           97,631            
Performance-Based Restricted Stock Units | President and Chief Executive Officer                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vested in period (in shares)           33,417            
Performance-Based Restricted Stock Units | Cumulative Spectrum Proceeds Monetized                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Measurement period     4 years                  
Vesting if target metric achieved (in shares)     30,049                  
Vested in period (in shares)           15,800            
Performance-Based Restricted Stock Units | Cumulative Spectrum Proceeds Monetized | Minimum                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting if target metric achieved (in shares)     15,025                  
Performance-Based Restricted Stock Units | Cumulative Spectrum Proceeds Monetized | Maximum                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting if target metric achieved (in shares)     60,098                  
Performance-Based Restricted Stock Units | TSR | President and Chief Executive Officer                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting if target metric achieved (in shares)   45,000                    
Performance-Based Restricted Stock Units | TSR | Minimum | President and Chief Executive Officer | First Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage of vesting for stock granted to employees   25.00%                    
Performance-Based Restricted Stock Units | TSR | Maximum | President and Chief Executive Officer | First Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage of vesting for stock granted to employees   350.00%                    
Unvested Time-Based | President and Chief Executive Officer                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Awards issued (in shares)                 68,788      
Performance Based Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Awards issued         97,631              
Incremental fair value         $ 1,400,000              
Incremental fair value immediately         $ 100,000              
Time Based Stock Options                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Awards issued       191,326                
Contractual life         10 years              
Time Based Stock Options | First Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage of vesting for stock granted to employees         33.00%              
Time Based Stock Options | Second Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage of vesting for stock granted to employees         33.00%              
Time Based Stock Options | Third Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Percentage of vesting for stock granted to employees         33.00%              
Service-Based Stock Options                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Stock compensation expense           $ 4,500,000 $ 4,800,000          
Stock Options                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Weighted average period of recognition of unrecognized compensation cost           2 years 6 months 3 days 1 year 5 months 8 days          
Intrinsic value of options exercised           $ 2,900,000 $ 1,300,000          
Weighted average grant-date fair value per option granted (in dollars per share)           $ 31.31 $ 36.10          
Unrecognized compensation cost related to non-vested share options granted           $ 10,200,000 $ 8,200,000 $ 8,200,000        
Stock options outstanding (in shares)           1,665,765 1,617,886 1,617,886        
Performance-Based Stock Options                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Unvested compensation expense           $ 1,700,000 $ 0 $ 0        
Weighted average period of recognition of unrecognized compensation cost           2 years 6 months 3 days            
Share-based compensation arrangement by share-based payment award, stock price period for award vesting           60 days            
Share-based compensation arrangement by share-based payment award, target award vesting percentage           100.00%            
Stock compensation expense           $ 600,000 $ 0          
Stock options outstanding (in shares)           156,706 33,782 33,782        
Performance-Based Stock Options | Senior Executive Officer                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Contractual life         10 years              
Incremental fair value         $ 1,000,000              
Incremental fair value immediately         $ 100,000              
Performance-based stock options (in shares)         213,487              
2023 Stock Plan                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Additional common stock authorized and reserved for future issuance (in shares) 1,100,000                      
Common stock authorized and reserved for issuance (in shares)                     1,350,000  
Retirement of common stock           $ 8,400,000 $ 13,900,000          
2014 Stock Plan                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Shares available (in shares)           388,151            
2021 Share Repurchase Plan                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Retirement of common stock             $ 10,700,000