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Stock-Based Compensation And Employee Purchase Plan (Tables)
3 Months Ended
Jun. 30, 2016
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, 2016, is summarized as follows:

          Weighted Average
    Number of     Exercise Price
    Shares     Per Share
Outstanding at March 31, 2016   4,793,266    $ 6.29 
     Granted    53,976      11.31 
     Exercised   (191,855)     2.18 
     Canceled/Forfeited   (1)     2.58 
Outstanding at June 30, 2016   4,655,386    $ 6.52 
           
Vested and expected to vest at June 30, 2016   4,655,386    $ 6.52 
Exercisable at June 30, 2016   3,014,307    $ 5.45 

 

 

 

 

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,
      2016     2015
Expected volatility     51%     53%
Expected dividend yield        
Risk-free interest rate     1.40%     1.59%
Weighted average expected option term     5.75 years     5.25 years
             
Weighted average fair value of options granted   $ 5.45   $ 4.17

 

 

 

 

 

 

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, 2016 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, 2016   82,171    $ 6.30      0.76 
Granted            
Vested   (9,475)     6.23       
Forfeited            
Balance at June 30, 2016   72,696    $ 6.31      0.45 

 

 

 

 

 

 

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, 2016 is summarized as follows:

                Weighted
          Weighted     Average
          Average     Remaining
    Number of     Grant Date     Contractual
    Shares     Fair Value     Term (in Years)
Balance at March 31, 2016   4,544,799    $ 8.08      1.67 
Granted   300,942      11.40       
Vested   (311,949)     8.02       
Forfeited   (101,193)     8.48       
Balance at June 30, 2016   4,432,599    $ 8.32      1.53