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Share-based Compensation (Tables)
3 Months Ended
Jun. 30, 2020
Share Based Compensation [Abstract]  
Summary of share-based compensation expense for options

The following table summarizes the share-based compensation expense for options, SSARs, restricted and performance awards included in the condensed consolidated statements of operations:

 

 

 

 

 

 

 

Three Months Ended

June 30,

 

(In thousands)

 

2020

 

 

2019

 

Product development

 

$

172

 

 

$

268

 

Sales and marketing

 

 

36

 

 

 

62

 

General and administrative

 

 

1,218

 

 

 

152

 

Total share-based compensation expense

 

$

1,426

 

 

$

482

 

 

Activity related SSARs award

The following table summarizes the activity during the three months ended June 30, 2020 for SSARs awarded under the 2011 and 2016 Plans:

 

 

 

Number of

Rights

 

 

Weighted-Average Exercise Price

 

 

Remaining

Contractual Term

 

 

Aggregate

Intrinsic Value

 

(In thousands, except share and per share data)

 

 

 

 

 

(per right)

 

 

(in years)

 

 

 

 

 

Outstanding at April 1, 2020

 

 

1,644,888

 

 

$

21.07

 

 

 

 

 

 

 

 

 

Exercised

 

 

(56,226

)

 

 

11.16

 

 

 

 

 

 

 

 

 

Forfeited

 

 

(11,276

)

 

 

18.71

 

 

 

 

 

 

 

 

 

Expired

 

 

(88

)

 

 

14.22

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2020

 

 

1,577,298

 

 

$

21.44

 

 

 

4.7

 

 

$

6,028

 

Exercisable at June 30, 2020

 

 

942,608

 

 

$

12.87

 

 

 

3.8

 

 

$

5,887

 

Vested and expected to vest at June 30, 2020

 

 

1,577,298

 

 

$

21.44

 

 

 

4.7

 

 

$

6,028

 

 

Activity related to restricted shares awarded by the Company The following table summarizes the activity during the three months ended June 30, 2020 for restricted shares awarded under the 2011 and 2016 Plans:

 

 

 

Number of Shares

 

 

Weighted-Average Grant-Date Fair Value

 

(In thousands, except share and per share data)

 

 

 

 

 

(per share)

 

Outstanding at April 1, 2020

 

 

178,462

 

 

$

19.89

 

Forfeited

 

 

(13,995

)

 

 

18.84

 

Outstanding at June 30, 2020

 

 

164,467

 

 

$

19.98

 

 

Performance shares awarded

The following table summarizes the activity during the three months ended June 30, 2020 for the performance shares awarded under the 2016 Plan:

 

(In thousands, except share and per share data)

 

Number of Shares

 

Outstanding at April 1, 2020

 

 

30,120

 

Granted

 

 

 

Vested

 

 

 

Forfeited

 

 

 

Outstanding at June 30, 2020

 

 

30,120