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Share-based Compensation (Tables)
12 Months Ended
Mar. 31, 2026
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Summary of share-based compensation expense

The following table summarizes the share-based compensation expense for grants included in the Consolidated Statements of Operations for fiscal 2026, 2025 and 2024:

 

 

 

Year Ended March 31,

 

(In thousands)

 

2026

 

 

2025

 

 

2024

 

Product development

 

$

13,234

 

 

$

10,064

 

 

$

7,380

 

Sales and marketing

 

 

2,079

 

 

 

1,665

 

 

 

831

 

General and administrative

 

 

6,505

 

 

 

6,048

 

 

 

5,900

 

Total share-based compensation expense

 

$

21,818

 

 

$

17,777

 

 

$

14,111

 

Activity related SSARs award

The following table summarizes the activity during fiscal 2026 for SSARs awarded under our Equity Incentive Plans:

 

(In thousands, except share and per share data)

 

Number
of Rights

 

 

Weighted-
Average
Exercise
Price

 

 

Remaining
Contractual
Term

 

 

Aggregate
Intrinsic
Value

 

 

 

 

 

 

(per right)

 

 

(in years)

 

 

 

 

Outstanding at April 1, 2025

 

 

394,959

 

 

$

20.04

 

 

 

 

 

 

 

Granted

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

(78,976

)

 

 

20.12

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Cancelled/expired

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at March 31, 2026

 

 

315,983

 

 

$

20.02

 

 

 

1.2

 

 

$

16,153

 

Exercisable at March 31, 2026

 

 

315,983

 

 

$

20.02

 

 

 

1.2

 

 

$

16,153

 

Vested at March 31, 2026

 

 

315,983

 

 

$

20.02

 

 

 

1.2

 

 

$

16,153

 

The following table presents additional information related to SSARs activity during fiscal 2026, 2025 and 2024:

 

(In thousands)

 

2026

 

 

2025

 

 

2024

 

Compensation expense

 

$

 

 

$

 

 

$

 

Total intrinsic value of SSARs exercised

 

$

6,631

 

 

$

65,080

 

 

$

16,889

 

Total fair value of SSARs vesting

 

$

 

 

$

 

 

$

 

Activity related to restricted shares awarded by the Company The following table summarizes the activity during the twelve months ended March 31, 2026 for restricted shares awarded under our Equity Incentive Plans:

 

 

 

Number
of Shares

 

 

Weighted-
Average
Grant-
Date Fair
Value

 

 

 

 

 

 

(per share)

 

Outstanding at April 1, 2025

 

 

229,710

 

 

$

76.01

 

Granted

 

 

4,970

 

 

 

100.19

 

Vested

 

 

(154,939

)

 

 

67.33

 

Forfeited

 

 

(4,949

)

 

 

92.79

 

Expected to vest at March 31, 2026

 

 

74,792

 

 

$

94.58

 

Restricted stock activity

The following table presents additional information related to restricted share activity during fiscal years 2026, 2025, and 2024:

 

(In thousands)

 

2026

 

 

2025

 

 

2024

 

Compensation expense

 

$

4,448

 

 

$

11,379

 

 

$

11,146

 

Total fair value of restricted share vesting

 

$

9,831

 

 

$

13,182

 

 

$

6,595

 

Employee Stock [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of principal assumptions utilized in valuing service condition SARs We used the following inputs including principal assumptions for the following offering period reflected in our consolidated financial statements:

 

 

 

Offering Period Ending

 

 

Offering Period Ended

 

 

Offering Period Ended

 

 

Offering Period Ended

 

 

Offering Period Ended

 

 

 

June 30, 2026

 

 

December 31, 2025

 

 

June 30, 2025

 

 

December 31, 2024

 

 

June 30, 2024

 

Grant date fair value

 

$

118.84

 

 

$

115.19

 

 

$

131.71

 

 

$

103.43

 

 

$

81.60

 

Risk-free interest rate over contractual term

 

 

3.62

%

 

 

4.30

%

 

 

4.31

%

 

 

4.91

%

 

 

5.36

%

Expected term (in years)

 

 

0.49

 

 

 

0.50

 

 

 

0.49

 

 

 

0.50

 

 

 

0.41

 

Expected volatility

 

 

45.17

%

 

 

60.10

%

 

 

42.40

%

 

 

40.93

%

 

 

47.41

%

Restricted Stock Units (RSUs) [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Activity related to restricted shares awarded by the Company The following table summarizes the activity during the twelve months ended March 31, 2026 for restricted stock units awarded under our Equity Incentive Plans:

 

 

 

Number
of Shares

 

 

Weighted-
Average
Grant-
Date Fair
Value

 

 

 

 

 

 

(per share)

 

Outstanding at April 1, 2025

 

 

181,195

 

 

$

118.90

 

Granted

 

 

209,080

 

 

 

126.05

 

Vested

 

 

(88,424

)

 

 

101.56

 

Forfeited

 

 

(10,896

)

 

 

130.75

 

Expected to vest at March 31, 2026

 

 

290,955

 

 

$

128.87

 

Restricted stock activity

The following table presents additional information related to restricted stock unit activity during fiscal 2026:

(In thousands)

 

2026

 

2025

 

2024

 

Compensation expense

 

$

16,368

 

$

5,591

 

$

2,321

 

Total fair value of restricted stock unit vesting

 

$

8,980

 

$

932

 

$

900