QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Mar. 31, 2022

Quarterly Financial Data [Abstract]

Schedule of Quarterly Financial Information

Summary quarterly results for the years ended March 31, 2022 and March 31, 2021 are as follows:

	Three Months Ended
	Jun 30, 2021		Sep 30, 2021		Dec 31, 2021		March 31, 2022			Total
	(in thousands, except per share amounts)
Total revenue	$	35,101	$	36,510	$	30,714	$	22,058		$	124,383
Gross profit	$	10,230	$	10,788	$	7,641	$	5,253		$	33,912
Net income (loss)	$	2,510	$	3,659	$	1,102	$	(1,180	)	$	6,091
Basic net income (loss) per share	$	0.08	$	0.12	$	0.04	$	(0.04	)	$	0.20
Shares used in basic per share calculation		30,860		31,031		31,085		31,097			31,018
Diluted net income (loss) per share	$	0.08	$	0.12	$	0.04	$	(0.04	)	$	0.19
Shares used in diluted per share calculation		31,290		31,288		31,235		31,097			31,295

	Three Months Ended
	Jun 30, 2020			Sep 30, 2020		Dec 31, 2020		Mar 31, 2021		Total
	(in thousands, except per share amounts)
Total revenue	$	10,811		$	26,281	$	44,251	$	35,497	$	116,840
Gross profit	$	2,635		$	7,263	$	11,006	$	9,220	$	30,124
Net income (loss) (1)	$	(2,219	)	$	1,914	$	4,315	$	22,124	$	26,134
Basic net income (loss) per share (1)	$	(0.07	)	$	0.06	$	0.14	$	0.72	$	0.85
Shares used in basic per share calculation		30,352			30,669		30,736		30,782		30,635
Diluted net income (loss) per share (1)	$	(0.07	)	$	0.06	$	0.14	$	0.71	$	0.83
Shares used in diluted per share calculation		30,352			31,170		31,320		31,295		31,304

(1) Includes $20.9 million of tax benefit related to the release of the valuation allowance on deferred tax assets during the three months ended March 31, 2021.