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REVENUE RECOGNITION (Tables) | 9 Months Ended
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Dec. 31, 2018
Revenue from Contract with Customer [Abstract] |
Adoption Impact of ACS 606 | The Company recognized the cumulative effect of initially applying ASC 606 as an adjustment to retained earnings in the consolidated balance sheet as of April 1, 2018 (in thousands).
|  | Balance at March 31, 2018 |  | Adjustments Due to ASC 606 |  | Balance at April 1, 2018
Current assets: |  |  |  |  |  |
Deferred sales commission costs |  | $ | — |  |  | $ | 11,234 |  |  | $ | 11,234 |
Other current assets |  | $ | 10,040 |  |  | $ | 1,725 |  |  | $ | 11,765 |
Non-current assets: |  |  |  |  |  |
Deferred sales commission costs |  | $ | — |  |  | $ | 26,942 |  |  | $ | 26,942 |
Stockholders' Equity |  |  |  |  |  |
Accumulated deficit |  | $ | (201,464 | ) |  | $ | 39,901 |  |  | $ | (161,563 | )
The following tables summarize the impact of the ASC 606 adoption on the Company's consolidated financial statements for the quarter ended December 31, 2018. Selected Consolidated Balance Sheet Line Items (in thousands):
|  | December 31, 2018
|  | ASC 605 |  | Adjustments |  | (As Reported) ASC 606
Current assets: |  |  |  |  |  |  |  |  |
Deferred sales commission costs |  | $ | — |  |  | $ | 14,443 |  |  | $ | 14,443 |
Other current assets |  | $ | 10,023 |  |  | $ | 3,143 |  |  | $ | 13,166 |
Non-current assets: |  |  |  |  |  |
Deferred sales commission costs |  | $ | — |  |  | $ | 30,893 |  |  | $ | 30,893 |
Stockholders' Equity |  |  |  |  |  |
Accumulated deficit |  | $ | (270,649 | ) |  | $ | 48,479 |  |  | $ | (222,170 | )
Selected Consolidated Statement of Operations Line Items (in thousands, except per share amounts):
|  | Three Months Ended December 31, 2018
|  | ASC 605 |  | Adjustments |  | (As Reported) ASC 606
Service revenue |  | $ | 86,245 |  |  | $ | (334 | ) |  | $ | 85,911 |
Product revenue |  | 3,335 |  |  | 666 |  |  | 4,001 |
Total revenue |  | $ | 89,580 |  |  | $ | 332 |  |  | $ | 89,912 |
Operating expenses: |  |  |  |  |  |
Sales and marketing |  | $ | 63,276 |  |  | $ | (2,559 | ) |  | $ | 60,717 |
Loss from operations |  | $ | (27,129 | ) |  | $ | 2,891 |  |  | $ | (24,238 | )
Net loss |  | $ | (26,662 | ) |  | $ | 2,891 |  |  | $ | (23,771 | )
Net loss per share: |  |  |  |  |  |
Basic and Diluted |  | $ | (0.28 | ) |  | $ | 0.03 |  |  | $ | (0.25 | )
|  | Nine Months Ended December 31, 2018
|  | ASC 605 |  | Adjustments |  | (As Reported) ASC 606
Service revenue |  | $ | 246,030 |  |  | $ | (652 | ) |  | $ | 245,378 |
Product revenue |  | 12,522 |  |  | 919 |  |  | 13,441 |
Total revenue |  | $ | 258,552 |  |  | $ | 267 |  |  | $ | 258,819 |
Operating expenses: |  |  |  |  |  |
Sales and marketing |  | $ | 177,186 |  |  | $ | (7,234 | ) |  | $ | 169,952 |
Loss from operations |  | $ | (69,709 | ) |  | $ | 7,501 |  |  | $ | (62,208 | )
Net loss |  | $ | (68,109 | ) |  | $ | 7,501 |  |  | $ | (60,608 | )
Net loss per share: |  |  |  |  |  |
Basic and Diluted |  | $ | (0.72 | ) |  | $ | 0.08 |  |  | $ | (0.64 | )
Selected Consolidated Statements of Cash Flows Line Items (in thousands):
|  | Nine Months Ended December 31, 2018
|  | ASC 605 |  | Adjustments |  | (As Reported) ASC 606
Net loss |  | $ | (68,109 | ) |  | $ | 7,501 |  |  | $ | (60,608 | )
Deferred sales commission costs |  | $ | — |  |  | $ | (7,234 | ) |  | $ | (7,234 | )
Other current and non-current assets |  | $ | (2,298 | ) |  | $ | (267 | ) |  | $ | (2,565 | )
Net cash provided by operating activities |  | $ | (6,673 | ) |  | $ | — |  |  | $ | (6,673 | )
Contract Balances | The following table provides information about receivables, contract assets and deferred revenues from contracts with customers (in thousands):
| December 31, 2018
Accounts receivable, net | $ | 19,068 |
Other current assets | $ | 3,143 |
Deferred revenue - current | $ | 3,523 |
Deferred revenue - non-current | $ | 8 |
Changes in the contract assets and the deferred revenue balances during the nine months ended December 31, 2018 are as follows (in thousands):
|  | April 1, 2018 |  | December 31, 2018 |  | $ Change
Other current assets |  | $ | 1,725 |  |  | $ | 3,143 |  |  | $ | 1,418 |
Deferred revenue |  | $ | 2,578 |  |  | $ | 3,531 |  |  | $ | 953 |

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