STOCK-BASED COMPENSATION: (Tables)

6 Months Ended

Sep. 30, 2022

Equity [Abstract]

Schedule of Stock-based Compensation Activity, by Award Type

The Company's stock-based compensation activity for the six months ended September 30, 2022 and 2021, by award type, was (dollars in thousands):

	For the six months ended
	September 30,
	2022		2021
Stock options	$	563	$	1,039
Restricted stock units	43,420		21,634
Diablo restricted stock awards	249		524
DPM acquisition consideration holdback	2,031		4,061
Pacific Data Partners ("PDP") assumed performance plan	—		4,551
Acuity performance plan	531		1,204
DataFleets acquisition consideration holdback	3,021		3,019
Employee stock purchase plan	1,015		871
Directors stock-based compensation	688		814
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	51,518		37,717
Less expense related to liability-based equity awards	(5,586)		(12,323)
Total non-cash stock-based compensation included in the condensed consolidated statements of equity	$	45,932	$	25,394

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 six months ended
	September 30,
	2022		2021
Cost of revenue	$	2,456	$	1,738
Research and development	24,016		12,532
Sales and marketing	12,000		13,542
General and administrative	13,046		9,905
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$	51,518	$	37,717

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 September 30, 2022, by award type. The amount for 2023 represents the remaining six months ending March 31, 2023. All other periods represent fiscal years ending March 31 (dollars in thousands).

	For the years ending March 31,
	2023		2024		2025		2026		Total
Stock options	$	431	$	668	$	157	$	—	$	1,256
Restricted stock units	45,505		80,700		65,504		15,322		207,031
Diablo restricted stock awards	270		518		89		—		877
Acuity performance plan	283		165		—		—		448
DataFleets acquisition consideration holdback	3,021		5,288		—		—		8,309
Employee stock purchase plan	361		—		—		—		361
Expected future expense	$	49,871	$	87,339	$	65,750	$	15,322	$	218,282

Schedule of Option Activity

Stock option activity for the six months ended September 30, 2022 was:  

				Weighted-average
		Weighted-average		remaining	Aggregate
	Number of	exercise price		contractual term	Intrinsic value
	shares	per share		(in years)	(in thousands)
Outstanding at March 31, 2022	730,004	$	16.28
Exercised	(171,125)	$	12.80		$	3,058
Forfeited or canceled	(2,397)	$	3.51
Outstanding at September 30, 2022	556,482	$	17.40	2.2	$	1,369
Exercisable at September 30, 2022	536,509	$	18.02	2.0	$	1,023

Summary of Stock Options Outstanding and Exercisable

A summary of stock options outstanding and exercisable as of September 30, 2022 was:

					Options outstanding				Options exercisable
Range of						Weighted-average	Weighted-average			Weighted-average
exercise price					Options	remaining	exercise price		Options	exercise price
per share					outstanding	contractual life	per share		exercisable	per share
$	—	—	$	9.99	72,544	4.9 years	$	0.97	52,571	$	1.03
$	10.00	—	$	19.99	182,603	2.6 years	$	17.49	182,603	$	17.49
$	20.00	—	$	24.99	301,335	1.3 years	$	21.31	301,335	$	21.31
					556,482	2.2 years	$	17.40	536,509	$	18.02

Schedule of Changes in Restricted Stock

Changes in the Company's restricted stock awards for the six months ended September 30, 2022 was:

		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Unvested restricted stock awards at March 31, 2022	24,766	$	47.29	2.17
Vested	(5,278)	$	47.29
Unvested restricted stock awards at September 30, 2022	19,488	$	47.29	1.67

Schedule of Time-vesting Restricted Stock Unit Activity

RSU activity for the six months ended September 30, 2022 was:

		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2022	4,176,682	$	47.00	2.85
Granted	3,931,947	$	24.82
Vested	(886,733)	$	46.18
Forfeited or canceled	(597,584)	$	40.39
Outstanding at September 30, 2022	6,624,312	$	34.54	2.58

Schedule of Non-vested Performance-based Restricted Stock Units Activity

PSU activity for the six months ended September 30, 2022 was:

		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2022	584,468	$	51.26	1.01
Granted	406,501	$	24.65
Vested	(86,417)	$	47.40
Forfeited or canceled	(138,050)	$	62.11
Outstanding at September 30, 2022	766,502	$	35.63	1.75