Stock-based Compensation (Tables)

6 Months Ended

Sep. 30, 2016

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

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

On May 18, 2016, the Company granted RSUs under the 2017/2018 LTIP with a grant date fair value of $2.46 that vests as follows (amounts in thousands):



	Shares
May 18, 2017	202
May 18, 2018	202
May 18, 2019	209
Total shares granted	613

The following is the vesting schedule of RSUs under each respective LTIP, which vested during the six-month period ended September 30, 2016 (shares in thousands):



	2016/2017	2015/2016	2014/2015
Time-based award vested	187	111	130
Performance-based award vested	—	103	73

Restricted stock activity, excluding the LTIP activity discussed above, for the six-month period ended September 30, 2016 is as follows (amounts in thousands except fair value):



	Shares		Weighted- average Fair Value on Grant Date
Non-vested restricted stock at March 31, 2016	1,430		$	3.51
Granted	70		3.00
Vested	(103	)	2.22
Forfeited	(13	)	3.21
Non-vested restricted stock at September 30, 2016	1,384		$	3.59

Schedule of the compensation expense (recovery) associated with stock-based compensation

The compensation expense associated with stock-based compensation for the quarters ended September 30, 2016 and 2015 is recorded on the Condensed Consolidated Statements of Operations as follows (amounts in thousands):



	Quarter Ended September 30, 2016						Quarter Ended September 30, 2015
	Stock Options		Restricted Stock		LTIPs		Stock Options		Restricted Stock		LTIPs
Cost of sales	$	7	$	98	$	196	$	28	$	163	$	268
Selling, general and administrative expenses	7		343		404		26		350		433
Research and development	—		6		43		1		5		54
Total	$	14	$	447	$	643	$	55	$	518	$	755

The compensation expense associated with stock-based compensation for the six-month periods ended September 30, 2016 and 2015 is recorded on the Condensed Consolidated Statements of Operations as follows (amounts in thousands):



	Six-Month Period Ended September 30, 2016						Six-Month Period Ended September 30, 2015
	Stock Options		Restricted Stock		LTIPs		Stock Options		Restricted Stock		LTIPs
Cost of sales	$	18	$	288	$	379	$	61	$	315	$	496
Selling, general and administrative expenses	17		690		831		68		693		891
Research and development	1		11		97		3		11		69
Total	$	36	$	989	$	1,307	$	132	$	1,019	$	1,456