Share-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Summary of Stock Option Activity

Activity for stock options for the nine months ended December 31, 2021 is as follows:

	Number of Options
Options outstanding at March 31, 2021	8,293,331
Granted	1,178,625
Exercised	(1,579,493)
Forfeited	(379,734)
Options outstanding at December 31, 2021	7,512,729
Options vested and expected to vest at December 31, 2021	7,512,729
Options exercisable at December 31, 2021	4,828,377

Summary of Restricted Share Awards and Restricted Stock Units Activity

Activity for restricted stock units and performance stock units for the nine months ended December 31, 2021 is as follows:

	Number of Shares
Unvested balance at March 31, 2021	3,571,235
Granted	2,972,148
Vested	(1,077,844)
Forfeited	(921,610)
Unvested balance at December 31, 2021	4,543,929

Schedule of Share-based Compensation

Share-based compensation during the three and nine months ended December 31, 2021 and 2020 was as follows (in thousands):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2021		2020		2021		2020
Share-based compensation recognized as:
SG&A expense	$	4,173	$	3,699	$	18,131	$	10,686
R&D expense	3,026		3,311		12,193		11,060
Total	$	7,199	$	7,010	$	30,324	21,746