Share-Based Compensation

6 Months Ended

Sep. 30, 2011

Share-Based Compensation [Abstract]

Share-Based Compensation

(6) Share-Based Compensation

During the quarter and six months ended September 30, 2011, we granted 0.2 million and 1.6 million nonvested stock units, respectively, at a weighted average grant price of $45.72 and $52.73, respectively, to our executive officers, non-executive employees and non-employee board members, consisting of both time-based and market-based awards. Time-based nonvested stock units vest in annual increments over one or three years. Market-based nonvested stock units vest in 50% increments over two- and three-year periods upon achievement of certain targets related to our relative shareholder return as compared to the NASDAQ-100 Index over each performance period.

During the quarter and six months ended September 30, 2011, we issued 0.1 million and 1.0 million shares of common stock, respectively, related to exercises of stock options and 0.2 million and 1.4 million shares of common stock, respectively, related to vesting of restricted stock units.

At September 30, 2011, we had approximately $209.8 million of total unrecognized compensation costs related to share-based awards that are expected to be recognized as expense over a remaining weighted-average period of two years.

Share-based compensation expense as recorded in our condensed consolidated statements of operations is summarized as follows:

	Quarter Ended				Six Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
	(In millions)
Cost of license revenue	$	1.2	$	0.7	$	2.3	$	1.5
Cost of maintenance revenue		3.8		2.2		7.3		4.5
Cost of professional services revenue		1.2		1.3		2.5		2.2
Selling and marketing expenses		10.0		8.8		19.1		17.5
Research and development expenses		3.6		2.7		6.5		4.8
General and administrative expenses		11.0		10.2		23.9		20.5
Total share-based compensation expense	$	30.8	$	25.9	$	61.6	$	51.0