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Stock-Based Compensation And Employee Purchase Plan (Tables)
3 Months Ended
Jun. 30, 2015
Option Grants  
Disclosure Of Share-Based Compensation Arrangements By Share-Based Payment Award

Stock Option activity under all the Company's stock option plans for the three months ended June 30, 2015, is summarized as follows:

          Weighted Average
    Number of     Exercise Price
    Shares     Per Share
Outstanding at March 31, 2015   5,327,907    $ 5.19 
     Granted    229,000      8.66 
     Exercised   (88,048)     3.10 
     Canceled/Forfeited   (8,167)     6.78 
Outstanding at June 30, 2015   5,460,692    $ 5.37 
           
Vested and expected to vest at June 30, 2015   5,460,692    $ 5.37 
Exercisable at June 30, 2015   3,316,717    $ 3.57 

 

 

 

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair value of each of the Company's option grants has been estimated on the date of grant using the Black-Scholes pricing model with the following assumptions:

      Three Months Ended
      June 30,
      2015     2014
Expected volatility     53%     59%
Expected dividend yield        
Risk-free interest rate     1.59%     1.53%
Weighted average expected option term     5.25 years     5.00 years
             
Weighted average fair value of options granted   $ 4.17   $ 4.01

 

 

 

 

 

 

Stock Purchase Rights  
Disclosure Of Share-Based Compensation Arrangements By Share-Based Payment Award

Stock Purchase Right activity for the three months ended June 30, 2015 is summarized as follows:

          Weighted     Weighted
          Average     Average
          Grant-Date     Remaining
    Number of     Fair Market     Contractual
    Shares     Value     Term (in Years)
Balance at March 31, 2015   223,835    $ 5.92      1.50 
Granted            
Vested   (28,760)     4.42       
Forfeited   (1,875)     11.26       
Balance at June 30, 2015   193,200    $ 6.09      1.31 

 

 

 

 

 

Restricted Stock Units  
Disclosure Of Share-Based Compensation Arrangements By Share-Based Payment Award

Restricted Stock Unit activity for the three months ended June 30, 2015 is summarized as follows:

                Weighted
          Weighted     Average
          Average     Remaining
    Number of     Grant Date     Contractual
    Shares     Fair Value     Term (in Years)
Balance at March 31, 2015   2,698,686    $ 7.33      1.88 
Granted   543,147      8.85       
Vested   (39,921)     7.86       
Forfeited   (35,462)     8.63       
Balance at June 30, 2015   3,166,450    $ 7.57      1.77