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Share-Based Compensation (Tables)
3 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of stock option activity under the Company’s 2016 Plan is as follows:
Number of Options
Options outstanding at March 31, 20207,723,302  
Granted
1,571,323  
Exercised
(302,076) 
Forfeited
(344,471) 
Options outstanding at June 30, 20208,648,078  
Options vested and expected to vest at June 30, 20208,648,078  
Options exercisable at June 30, 20203,236,128  
Summary of Restricted Share Awards and Restricted Stock Units Activity
A summary of restricted stock award and restricted stock unit activity under the Company’s 2016 Plan is as follows:
Number of Shares
Unvested balance at March 31, 20201,280,312  
Granted2,298,339  
Vested(71,450) 
Forfeited(171,320) 
Unvested balance at June 30, 20203,335,881  
Share-based Payment Arrangement, Performance Shares, Activity
A summary of performance stock unit activity under the Company's 2016 Plan is as follows:
Number of Shares
Unvested balance at March 31, 2020299,870  
Granted568,976  
Vested—  
Forfeited(37,415) 
Unvested balance at June 30, 2020831,431  
Schedule of Share-based Compensation
Share-based compensation expense was as follows (in thousands):
Three Months Ended June 30,
20202019
Share-based compensation expense recognized as:
R&D expenses$4,024  $2,548  
G&A expenses3,788  3,904  
Total$7,812  $6,452