Stock Benefit Plans and Stock-Based Compensation (Tables)

3 Months Ended

Jun. 30, 2011

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of stock option activity

A summary of option activity under the Company's stock-based compensation plans as of June 30, 2011, and changes during the three months then ended is presented below (shares and intrinsic value in thousands):

	Three Months Ended
	June 30, 2011
						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
	Options			Price		Term in Years		Value
Options outstanding as of March 31, 2011		16,868		$	8.18
Granted		3,035			9.45
Exercised		(490	)		8.62			$	1,197
Forfeited		(9	)		10.73
Cancelled/expired		(361	)		11.90
Options outstanding as of June 30, 2011		19,043		$	8.30		6.62	$	28,126
Options vested and expected to vest, net of estimated forfeitures, as of June 30, 2011		17,876		$	8.24		6.46	$	27,360
Options exercisable as of June 30, 2011		10,265		$	7.75		4.93	$	20,440

Weighted average fair value of stock options granted and assumptions used to estimate fair value

The weighted average fair value of stock options granted during the periods and the assumptions used to estimate those values using the Black-Scholes option pricing model were as follows:

	Three Months Ended
	June 30,
	2011			2010
Expected volatility		40.20	%		42.66	%
Risk-free interest rate		2.02	%		2.99	%
Expected lives at date of grant (in years)		6.0			5.9
Weighted-average fair value of the options granted	$	3.91		$	3.78

Summary of non-vested restricted stock units and performance-based restricted stock unit awards activity

A summary of non-vested restricted stock units and performance-based stock awards (collectively “Non-vested RSU”) activity under the Company's 2007 LTIP as of June 30, 2011 and changes during the three months then ended is presented below (shares and intrinsic value in thousands):

	Three Months Ended
	June 30, 2011
				Weighted
				Average		Aggregate
				Grant-Date		Intrinsic
	Shares			Fair Value		Value
Non-vested RSU outstanding as of March 31, 2011		3,741
Granted		380		$	10.07
Released		(301	)			$	3,120
Forfeited		-
Non-vested RSU outstanding as of June 30, 2011		3,820

Stock award compensation expense

Stock award compensation expense was allocated as follows (in thousands):

	Three Months Ended
	June 30,
	2011		2010
Stock-based compensation classified as:
Cost of maintenance and subscription fees	$	156	$	60
Cost of professional services		620		237
Technology development and support		330		167
Sales and marketing		1,286		1,778
Administrative and general		2,931		3,062
Total stock-based compensation expense before income taxes	$	5,323	$	5,304