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STOCK-BASED COMPENSATION: (Tables)
3 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Stock-based Compensation Activity, by Award Type The Company's stock-based compensation activity for the three months ended June 30, 2022 and 2021, by award type, was (dollars in thousands):
For the three months ended
June 30,
20222021
Stock options$309 $527 
Restricted stock units19,062 10,228 
Diablo restricted stock awards127 254 
DPM acquisition consideration holdback2,030 2,031 
Pacific Data Partners ("PDP") assumed performance plan— 2,298 
Acuity performance plan354 779 
DataFleets acquisition consideration holdback1,511 1,509 
Employee stock purchase plan480 475 
Directors stock-based compensation352 395 
Total non-cash stock-based compensation included in the condensed consolidated statements of operations24,225 18,496 
Less expense related to liability-based equity awards(4,468)(6,361)
Total non-cash stock-based compensation included in the condensed consolidated statements of equity$19,757 $12,135 
Schedule of Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item
The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in thousands):
For the three months ended
June 30,
20222021
Cost of revenue$1,163 $790 
Research and development11,656 5,348 
Sales and marketing5,884 6,793 
General and administrative5,522 5,565 
Total non-cash stock-based compensation included in the condensed consolidated statements of operations$24,225 $18,496 
Schedule of Share-based Compensation Arrangement by Share Based Payment Award, Future Expense The following table provides the expected future expense for all of the Company's outstanding equity awards at June 30, 2022, by award type. The amount for 2023 represents the remaining nine months ending March 31, 2023. All other periods represent fiscal years ending March 31 (dollars in thousands).
For the years ending March 31,
2023202420252026Total
Stock options$747 $668 $158 $— $1,573 
Restricted stock units72,107 83,143 67,013 14,567 236,830 
Diablo restricted stock awards392 518 89 — 999 
Acuity performance plan461 165 — — 626 
DataFleets acquisition consideration holdback4,532 5,288 — — 9,820 
Employee stock purchase plan963 — — — 963 
Expected future expense$79,202 $89,782 $67,260 $14,567 $250,811 
Schedule of Option Activity Stock option activity for the three months ended June 30, 2022 was:  
Weighted-average
Weighted-averageremainingAggregate
Number ofexercise pricecontractual termIntrinsic value
sharesper share(in years)(in thousands)
Outstanding at March 31, 2022730,004 $16.28 
Exercised(168,168)$13.00 $2,997 
Forfeited or canceled(2,287)$3.56 
Outstanding at June 30, 2022559,549 $17.31 2.5$4,753 
Exercisable at June 30, 2022535,403 $18.06 2.2$4,151 
Summary of Stock Options Outstanding and Exercisable
A summary of stock options outstanding and exercisable as of June 30, 2022 was:
Options outstandingOptions exercisable
Range ofWeighted-averageWeighted-averageWeighted-average
exercise priceOptionsremainingexercise priceOptionsexercise price
per shareoutstandingcontractual lifeper shareexercisableper share
$— $9.99 75,611 5.2 years$0.98 51,465 $1.04 
$10.00 $19.99 182,603 2.9 years$17.49 182,603 $17.49 
$20.00 $24.99 301,335 1.5 years$21.31 301,335 $21.31 
559,549 2.5 years$17.31 535,403 $18.06 
Schedule of Changes in Restricted Stock Changes in the Company's restricted stock awards for the three months ended June 30, 2022 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Unvested restricted stock awards at March 31, 202224,766 $47.29 2.17
Vested(2,842)$47.29 
Unvested restricted stock awards at June 30, 202221,924 $47.29 1.92
Schedule of Time-vesting Restricted Stock Unit Activity RSU activity for the three months ended June 30, 2022 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 20224,176,682 $47.00 2.85
Granted2,980,780 $25.65 
Vested(558,602)$45.50 
Forfeited or canceled(345,833)$43.61 
Outstanding at June 30, 20226,253,027 $37.14 2.77
Schedule of Non-vested Performance-based Restricted Stock Units Activity PSU activity for the three months ended June 30, 2022 was:
Weighted-average
fair value perWeighted-average
Numbershare at grantremaining contractual
of sharesdateterm (in years)
Outstanding at March 31, 2022584,468 $51.26 1.01
Granted121,951 $30.36 
Vested(29,628)$53.72 
Forfeited or canceled(138,050)$62.11 
Outstanding at June 30, 2022538,741 $43.61 1.52