0000733269-22-000026 | 10-K | XBRL Viewer

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COVER PAGE - USD ($)	12 Months Ended
COVER PAGE - USD ($)	Mar. 31, 2022	May 19, 2022	Sep. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Mar. 31, 2022
Current Fiscal Year End Date	--03-31
Document Transition Report	false
Entity File Number	001-38669
Entity Registrant Name	LiveRamp Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	83-1269307
Entity Address, Address Line One	225 Bush Street, Seventeenth Floor
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94104
City Area Code	866
Local Phone Number	352-3267
Title of 12(b) Security	Common Stock, $.10 Par Value
Trading Symbol	RAMP
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 2,795,923,382
Entity Common Stock, Shares Outstanding		68,410,454
Documents Incorporated by Reference	Portions of the Proxy Statement for the 2022 Annual Meeting of Stockholders (“2022 Proxy Statement”) of LiveRamp Holdings, Inc. (“LiveRamp,” the “Company,” “we”, “us”, or “our”) are incorporated by reference into Part III of this Form 10-K.
Entity Central Index Key	0000733269
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY

AUDIT INFORMATION	12 Months Ended
AUDIT INFORMATION	Mar. 31, 2022
Audit Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	Dallas, Texas
Auditor Firm ID	185

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Current assets:
Cash and cash equivalents	$ 600,162	$ 572,787
Restricted cash	0	8,900
Trade accounts receivable, net	148,343	114,284
Refundable income taxes	30,354	65,692
Other current assets	36,975	64,052
Total current assets	815,834	825,715
Property and equipment, net of accumulated depreciation and amortization	11,531	11,957
Intangible assets, net	26,718	39,730
Goodwill	363,845	357,446
Deferred commissions, net	30,594	22,619
Other assets, net	85,214	30,854
Total assets	1,333,736	1,288,321
Current liabilities:
Trade accounts payable	83,197	39,955
Accrued payroll and related expenses	39,188	46,438
Other accrued expenses	46,067	58,353
Acquisition escrow payable	0	8,900
Deferred revenue	16,114	11,603
Total current liabilities	184,566	165,249
Other liabilities	86,110	42,389
Commitments and contingencies (Note 13)
Stockholders' equity:
Preferred stock, $1.00 par value (authorized 1 million shares; issued 0 shares at March 31, 2022 and 2021, respectively)	0	0
Common stock, $0.10 par value (authorized 200 million shares; issued 149.8 million and 147.8 million shares at March 31, 2022 and 2021, respectively)	14,984	14,781
Additional paid-in capital	1,721,118	1,630,072
Retained earnings	1,420,993	1,454,826
Accumulated other comprehensive income	5,730	7,522
Treasury stock, at cost (81.2 million and 79.6 million shares at March 31, 2022 and 2021, respectively)	(2,099,765)	(2,026,518)
Total stockholders' equity	1,063,060	1,080,683
Total liabilities and stockholders' equity	$ 1,333,736	$ 1,288,321

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2022	Mar. 31, 2021
Statement of Financial Position [Abstract]
Preferred stock, par or stated value (in dollars per shares)	$ 1.00	$ 1.00
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock issued (in shares)	0	0
Common stock, par or stated value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized	200,000,000	200,000,000
Common stock, issued (in shares)	149,800,000	147,800,000
Treasury stock, at cost (in shares)	81,200,000	79,600,000

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
Revenues	$ 528,657	$ 443,026	$ 380,572
Cost of revenue	147,427	144,004	152,704
Gross profit	381,230	299,022	227,868
Operating expenses:
Research and development	157,935	135,111	105,981
Sales and marketing	182,763	177,543	188,905
General and administrative	104,591	104,201	108,903
Gains, losses and other items, net	1,479	2,715	5,001
Total operating expenses	446,768	419,570	408,790
Loss from operations	(65,538)	(120,548)	(180,922)
Total other income (expense), net	30,463	(252)	15,385
Loss before income taxes	(35,075)	(120,800)	(165,537)
Income tax benefit	(1,242)	(30,532)	(40,276)
Net loss from continuing operations	(33,833)	(90,268)	(125,261)
Earnings from discontinued operations, net of tax	0	0	750
Net loss	$ (33,833)	$ (90,268)	$ (124,511)
Basic earnings (loss) per share
Continuing operations (in dollars per share)	$ (0.50)	$ (1.36)	$ (1.85)
Discontinued operations (in dollars per share)	0	0	0.01
Basic earnings (loss) per share (in USD per share)	(0.50)	(1.36)	(1.84)
Diluted earnings (loss) per share
Continuing operations (in dollars per share)	(0.50)	(1.36)	(1.85)
Discontinued operations (in dollars per share)	0	0	0.01
Diluted earnings (loss) per share (in USD per share)	$ (0.50)	$ (1.36)	$ (1.84)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (33,833)	$ (90,268)	$ (124,511)
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(1,792)	1,777	(2,056)
Comprehensive income (loss)	$ (35,625)	$ (88,491)	$ (126,567)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional paid-in Capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury Stock
Balance, beginning of the period (in shares) at Mar. 31, 2019		141,865,888				(73,167,892)
Balance, beginning of the period at Mar. 31, 2019	$ 1,330,832	$ 14,187	$ 1,406,813	$ 1,669,605	$ 7,801	$ (1,767,574)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		266,011				(537,694)
Employee stock awards, benefit plans and other issuances	(19,786)	$ 27	4,709			$ (24,522)
Non-cash stock-based compensation (in shares)		71,211
Non-cash stock-based compensation	65,219	$ 7	65,212
Restricted stock units vested (in shares)		1,342,337
Restricted stock units vested	0	$ 134	(134)
Liability-classified restricted stock units vested (in shares)		393,306
Liability-classified restricted stock units vested	17,704	$ 39	17,665
Acquisition-related restricted stock award	2,300		2,300
Acquisition of treasury stock (in shares)						(4,375,728)
Acquisition of treasury stock	(182,190)					$ (182,190)
Other comprehensive income (loss):
Foreign currency translation	(2,056)				(2,056)
Net loss	(124,511)			(124,511)
Balance, end of the period (in shares) at Mar. 31, 2020		143,938,753				(78,081,314)
Balance, end of the period at Mar. 31, 2020	1,087,512	$ 14,394	1,496,565	1,545,094	5,745	$ (1,974,286)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		583,476				(182,730)
Employee stock awards, benefit plans and other issuances	(1,182)	$ 58	8,680			$ (9,920)
Non-cash stock-based compensation (in shares)		21,736
Non-cash stock-based compensation	84,396	$ 2	84,394
Restricted stock units vested (in shares)		2,186,763
Restricted stock units vested	0	$ 219	(219)
Liability-classified restricted stock units vested (in shares)		1,084,237
Liability-classified restricted stock units vested	40,760	$ 108	40,652
Acquisition of treasury stock (in shares)						(1,321,666)
Acquisition of treasury stock	(42,312)					$ (42,312)
Other comprehensive income (loss):
Foreign currency translation	1,777				1,777
Net loss	(90,268)			(90,268)
Balance, end of the period (in shares) at Mar. 31, 2021		147,814,965				(79,585,710)
Balance, end of the period at Mar. 31, 2021	1,080,683	$ 14,781	1,630,072	1,454,826	7,522	$ (2,026,518)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		254,069				(290,675)
Employee stock awards, benefit plans and other issuances	(8,360)	$ 26	6,240			$ (14,626)
Non-cash stock-based compensation (in shares)		52,459
Non-cash stock-based compensation	71,180	$ 5	71,175
Restricted stock units vested (in shares)		1,131,489
Restricted stock units vested	0	$ 113	(113)
Liability-classified restricted stock units vested (in shares)		547,343
Liability-classified restricted stock units vested	13,803	$ 55	13,748
Acquisition-related restricted stock award (in shares)		40,600
Acquisition-related restricted stock award	0	$ 4	(4)
Acquisition of treasury stock (in shares)						(1,329,211)
Acquisition of treasury stock	(58,621)					$ (58,621)
Other comprehensive income (loss):
Foreign currency translation	(1,792)				(1,792)
Net loss	(33,833)			(33,833)
Balance, end of the period (in shares) at Mar. 31, 2022		149,840,925				(81,205,596)
Balance, end of the period at Mar. 31, 2022	$ 1,063,060	$ 14,984	$ 1,721,118	$ 1,420,993	$ 5,730	$ (2,099,765)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities:
Net loss	$ (33,833)	$ (90,268)	$ (124,511)
Earnings from discontinued operations, net of tax	0	0	(750)
Non-cash operating activities:
Depreciation and amortization	24,248	27,741	35,901
Loss on disposal or impairment of assets	183	388	1,725
Gain on distribution from retained profits interest	(30,235)	0	0
Provision for doubtful accounts	4,217	2,915	7,133
Deferred income taxes	(1,540)	(1,418)	(6,878)
Non-cash stock compensation expense	87,257	111,707	89,447
Changes in operating assets and liabilities:
Accounts receivable, net	(38,611)	(24,828)	(20,518)
Deferred commissions	(7,975)	(6,605)	(5,273)
Other assets	26,863	(18,772)	(6,144)
Accounts payable and other liabilities	8,850	(116)	24,923
Income taxes, net	33,969	(26,215)	(25,453)
Deferred revenue	4,684	4,911	1,823
Net cash provided by (used in) operating activities	78,077	(20,560)	(28,575)
Cash flows from investing activities:
Capital expenditures	(4,499)	(2,182)	(11,711)
Proceeds from sales of assets	0	0	873
Cash paid in acquisitions, net of cash received	(19,107)	(76,012)	(105,365)
Distribution from retained profits interest	31,184	0	0
Purchases of investments	0	(7,500)	0
Purchases of strategic investments	0	(2,200)	0
Net cash provided by (used in) investing activities	7,578	(87,894)	(116,203)
Cash flows from financing activities:
Proceeds related to the issuance of common stock under stock and employee benefit plans	6,266	8,737	4,736
Shares repurchased for tax withholdings upon vesting of stock-based awards	(14,626)	(9,920)	(24,522)
Acquisition of treasury stock	(58,621)	(42,312)	(182,190)
Net cash used in financing activities	(66,981)	(43,495)	(201,976)
Net cash provided by (used in) continuing operations	18,674	(151,949)	(346,754)
Cash flows from discontinued operations:
From operating activities	0	0	(207)
From investing activities	0	0	18,582
Net cash provided by discontinued operations	0	0	18,375
Effect of exchange rate changes on cash	(199)	1,010	(468)
Net change in cash and cash equivalents	18,475	(150,939)	(328,847)
Cash and cash equivalents at beginning of period	581,687	732,626	1,061,473
Cash and cash equivalents at end of period	600,162	581,687	732,626
Supplemental cash flow information:
Cash (received) for income taxes, net	(32,916)	(2,911)	(7,344)
Operating lease assets obtained in exchange for operating lease liabilities	$ 56,182	$ 372	$ 2,707

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

12 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Description of Business -

LiveRamp is a global technology company with a vision of making it safe and easy for companies to use data effectively. We provide a best-in-class enterprise data connectivity platform that helps organizations better leverage customer data within and outside their four walls. Powered by core identity capabilities and an extensive network, LiveRamp enables companies and their partners to better connect, control, and activate data to transform customer experiences and generate more valuable business outcomes.

LiveRamp is a Delaware corporation headquartered in San Francisco, California. Our common stock is listed on the New York Stock Exchange under the symbol “RAMP.” We serve a global client base from locations in the United States, Europe, and the Asia-Pacific (“APAC”) region. Our direct client list includes many of the world’s largest and best-known brands across most major industry verticals, including but not limited to financial, insurance and investment services, retail, automotive, telecommunications, high tech, consumer packaged goods, healthcare, travel, entertainment, non-profit, and government. Through our extensive reseller and partnership network, we serve thousands of additional companies, establishing LiveRamp as a foundational and neutral enabler of the customer experience economy.

Basis of Presentation and Principles of Consolidation -

The accompanying consolidated financial statements include the accounts of the Company and its subsidiaries, after elimination of all significant intercompany accounts and transactions. We have prepared the accompanying consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”) as set forth in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification and Updates (“ASC” and "ASU") and we consider the various staff accounting bulletins and other applicable guidance issued by the United States Securities and Exchange Commission ("SEC"). Our fiscal year ends on March 31. References to fiscal 2022, for example, are to the fiscal year ended March 31, 2022.

Use of Estimates -

In preparing consolidated financial statements and related disclosures in conformity with GAAP and pursuant to the rules and regulations of the SEC, we must make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Estimates are used in determining, among other items, revenue recognition criteria, allowance for doubtful accounts, the fair value of acquired assets and assumed liabilities, restructuring and impairment accruals, litigation and facilities lease loss accruals, stock-based compensation, and the recognition and measurement of current and deferred income taxes, including the measurement of uncertain tax positions.

Risks and Uncertainties -

Due to the COVID-19 Coronavirus pandemic ("COVID-19" or "COVID-19 pandemic"), there has been uncertainty and disruption in the global economy and financial markets. We are not aware of any specific event or circumstance that would require an update to our estimates or judgments or a revision of the carrying value of our assets or liabilities as of March 31, 2022. While there was not a material impact to our consolidated financial statements for the fiscal year ended March 31, 2022, these estimates may change as new events occur and additional information is obtained, as well as other factors related to the COVID-19 pandemic that could result in material impacts to our consolidated financial statements in future reporting periods.

Operating Segments -

The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by our Chief Operating Decision Maker ("CODM"). Our Chief Executive Officer is our CODM. Our CODM evaluates our financial information and resources and assesses the performance of these resources on a consolidated basis. Since we operate as one operating segment, all required financial segment information can be found in the consolidated financial statements.

Discontinued Operations -

Discontinued operations comprise those activities that have been disposed of during the period or that have been classified as held for sale at the end of the period and represent a separate major line of business or geographical area that can be clearly distinguished for operational and financial reporting purposes. In fiscal 2019, the Company sold its Acxiom Marketing Solutions business (“AMS”) and began reporting the results of operations, cash flows and the balance sheet amounts pertaining to AMS as a component of discontinued operations in the consolidated financial statements. The amount recorded in fiscal 2020 relates to the final working capital true-up and receipt of final proceeds.

Unless otherwise indicated, information in the notes to the consolidated financial statements relates to continuing operations.

Loss per Share -

A reconciliation of the numerator and denominator of basic and diluted loss per share is shown below (in thousands, except per share amounts):



	Year ended March 31,
		2022		2021		2020
Basic earnings (loss) per share:
Net loss from continuing operations		$	(33,833)	$	(90,268)	$	(125,261)
Earnings from discontinued operations, net of tax		—		—		750
Net loss		$	(33,833)	$	(90,268)	$	(124,511)

Basic weighted-average shares outstanding		68,211		66,304		67,760

Continuing operations		$	(0.50)	$	(1.36)	$	(1.85)
Discontinued operations		—		—		0.01
Basic loss per share		$	(0.50)	$	(1.36)	$	(1.84)

Diluted earnings (loss) per share:
Basic weighted-average shares outstanding		68,211		66,304		67,760
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1)		—		—		—
Diluted weighted-average shares outstanding		68,211		66,304		67,760

Continuing operations		$	(0.50)	$	(1.36)	$	(1.85)
Discontinued operations		—		—		0.01
Diluted loss per share		$	(0.50)	$	(1.36)	$	(1.84)

(1) The number of common stock options and restricted stock units as computed under the treasury stock method that would have otherwise been dilutive but are excluded from the table above because their effect would have been anti-dilutive due to the net loss position of the Company was 1.3 million, 2.7 million, and 2.4 million for the years ended March 31, 2022, 2021, and 2020, respectively.

Restricted stock units that were outstanding during the years presented but were not included in the computation of diluted loss per share because their effect would have been anti-dilutive (other than due to the net loss position of the Company) are shown below (shares in thousands):



	Year ended March 31,
	2022	2021	2020
Number of shares underlying restricted stock units	686	90	1,368

Significant Accounting Policies

Cash and Cash Equivalents -

The Company considers all highly-liquid investments purchased with original maturities of three months or less to be cash equivalents. Cash and cash equivalents consist of cash held in bank deposit accounts and short-term, highly-liquid money-market fund investments with remaining maturities of three months or less at the date of purchase.

Revenue Recognition -

LiveRamp recognizes revenue from the following sources: (i) subscription revenue, which consists primarily of subscription fees from clients accessing our LiveRamp platform; and (ii) marketplace and other revenue, which primarily consists of revenue-sharing fees generated from access to data through our LiveRamp Data Marketplace, and transactional usage-based revenue from arrangements with certain publishers and addressable TV providers.

We determine revenue recognition through the following steps:

•Identification of the contract, or contracts, with a customer;

•Identification of the performance obligations in the contract;

•Determination of the transaction price;

•Allocation of the transaction price to the performance obligations in the contract; and

•Recognition of revenue when, or as, the performance obligations are satisfied.

Identification of the contract

We consider the terms and conditions of the contract and our customary business practices when identifying our contracts under ASC 606. We determine we have a contract with a customer when the contract or contract modification is approved and the parties are committed to performing their respective obligations, we can identify each party's rights regarding the services to be transferred, we can identify the payment terms for the services, we have determined the contract has commercial substance, and we have determined that collection of at least some of the contract consideration is probable. At contract inception we evaluate whether two or more contracts should be combined and accounted for as a single contract and whether the single or combined contract includes one or multiple performance obligations. We apply judgment in determining the customer's ability to pay, which is based on a variety of factors, including the customer's historical payment experience or, in the case of a new customer, credit and financial information pertaining to the customer.

Identification of the performance obligations

As part of accounting for arrangements with multiple performance obligations, we must assess whether each performance obligation is distinct. A good or service that is promised to a customer is distinct if the customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer, and a company's promise to transfer the good or service to the customer is separately identifiable from other promises in the contract. We have determined that our subscriptions to the platform are a distinct performance obligation and access to data for revenue-sharing and usage-based arrangements is a distinct performance obligation because, once a customer has access to the platform, the service is fully functional and does not require any additional development, modification, or customization.

Determination of the transaction price

The transaction price is the amount of consideration we expect to be entitled to in exchange for transferring services to a customer, excluding sales taxes that are collected on behalf of government agencies. Variable consideration is assessed and included in the transaction price if, in our judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. None of our contracts contain a significant financing component.

Allocation of the transaction price to the performance obligations in the contract

If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. Contracts that contain multiple performance obligations require an allocation of the transaction price to each distinct performance obligation based on the standalone selling price ("SSP") of each service. We generally determine the SSP based on contractual selling prices when the obligation is sold on a standalone basis, as well as market conditions, competition, and pricing practices. As pricing and marketing strategies evolve, we may modify our pricing practices in the future, which could result in changes to SSP.

Recognition of revenue when, or as, the performance obligations are satisfied

Revenues are recognized when or as control of the promised services is transferred to customers. Subscription revenue is generally recognized ratably over the subscription period beginning on the date the services are made available to customers. Marketplace and other revenue is typically transactional in nature, tied to a revenue share or volumes purchased. We report revenue from Data Marketplace and other similar transactions on a net basis because our performance obligation is to facilitate a transaction between data providers and data buyers, for which we earn a portion of the gross fee. Consequently, the portion of the gross amount billed to data buyers that is remitted to data providers is not reflected as revenues.

Accounts Receivable

Accounts receivable includes amounts billed to customers as well as unbilled amounts recognized in accordance with the Company’s revenue recognition policies. Unbilled amounts included in trade accounts receivable, net, which generally arise from the performance of services to customers in advance of billings, were $12.5 million at March 31, 2022, and $8.0 million at March 31, 2021.

Trade accounts receivable are presented net of allowances for credit losses, returns and credits based on the probability of future collections. The probability of future collections is based on specific considerations of historical loss patterns and an assessment of the continuation of such patterns based on past collection trends and known or anticipated future economic events that may impair collectability. Accounts receivable that are determined to be uncollectible are charged against the allowance for doubtful accounts. Indicators that there is no reasonable expectation of recovery include past due status greater than 360 days or bankruptcy of the debtor.

We are monitoring the impacts from the COVID-19 pandemic on our customers and various counterparties and have considered these risks in establishing our reserve balance as of March 31, 2022 and 2021, respectively.

A summary of the activity of the allowance for credit losses, returns and credits was (dollars in thousands):


For the twelve months ended:	Balance at beginning of period		Additions charged to costs and expenses	Other changes	Bad debts written off, net of amounts recovered	Balance at end of period
March 31, 2020	$	3,007	7,133	86	(2,651)	$	7,575
March 31, 2021	$	7,575	2,915	108	(2,981)	$	7,617
March 31, 2022	$	7,617	4,217	(3)	(1,870)	$	9,961

Deferred Revenue

Deferred revenue consists of amounts billed in excess of revenue recognized. Deferred revenues are subsequently recorded as revenue when earned in accordance with the Company’s revenue recognition policies.

Deferred Commissions, net -

The Company capitalizes incremental costs to acquire contracts and amortizes them on a straight-line basis over the expected period of benefit, which we have determined to be four years. Net capitalized costs of $8.0 million and $6.6 million were recognized as a reduction of operating expense for the years ended March 31, 2022 and 2021, respectively. We did not recognize any impairment charges in fiscal 2022, 2021, or 2020.

Property and Equipment -

Property and equipment are stated at cost. Depreciation and amortization are calculated on the straight-line method over the estimated useful lives of the assets as follows: leasehold improvements, 5 - 7 years; data processing equipment, 2 - 5 years, and office furniture and other equipment, 3 - 7 years.

Operating Leases -

Right-of-use ("ROU") assets represent the Company's right to control the use of an identified asset for a period of time, or term, in exchange for consideration, and operating lease liabilities represent its obligation to make lease payments arising from the aforementioned right.

The Company determines if an arrangement is, or contains, a lease at inception, and whether lease and non-lease components are combined or not. Operating leases with a duration of one year or less are excluded from ROU assets and lease liabilities and related expense is recorded as incurred. ROU assets and lease liabilities are initially recorded based on the present value of lease payments over the lease term, which includes the minimum unconditional term of the lease, and may include options to extend or terminate the lease when it is reasonably certain at the commencement date that such options will be exercised. As the rate implicit for each of the Company's leases is not readily determinable, the Company uses its incremental borrowing rate at commencement date in determining the present value of lease payments. The Company uses judgment in determining its incremental borrowing rate, which includes selecting a yield curve based on a hypothetical credit rating. ROU assets also include any initial direct costs and any lease payments made prior to the lease commencement date and are reduced by any lease incentives received. ROU assets are included in other assets in the consolidated balance sheet. Short-term lease liabilities are included in other accrued expenses and long-term lease liabilities are included in other liabilities in the consolidated balance sheet. ROU assets are amortized on a straight-line basis as operating lease cost in the consolidated statements of operations.

Business Combinations –

We apply the provisions of ASC 805, Business Combinations, in accounting for acquisitions. ASC 805 requires us to determine if assets or a business was acquired. If a business was acquired, it requires us to recognize separately from goodwill the fair value of the assets acquired and the liabilities assumed at the acquisition date. Goodwill as of the acquisition date is measured as the excess of the fair value of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. While we use our best estimates and assumptions to accurately value assets acquired and liabilities assumed at the acquisition date as well as any contingent consideration, where applicable, our estimates are inherently uncertain and subject to refinement. As a result, during the measurement period, which may be up to one year from the acquisition date, we record adjustments resulting from new information about facts and circumstances that existed at the acquisition date and falls within the measurement period to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired and liabilities assumed, whichever comes first, any subsequent adjustments are recorded to our consolidated statements of operations.

Goodwill -

Goodwill represents the excess of the purchase price over the fair value of net assets acquired in business acquisitions accounted for using the acquisition method of accounting and is not amortized. Goodwill is measured and tested for impairment on an annual basis in the first quarter of the Company's fiscal year in accordance with ASC 350, Intangibles-Goodwill and Other, or more frequently if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Such events and changes may include significant changes in performance related to expected operating results, significant changes in asset use, significant changes in asset use, significant negative industry or economic trends, and changes in our business strategy.

Our test for goodwill impairment starts with a qualitative assessment to determine whether it is necessary to perform the quantitative goodwill impairment test. If qualitative factors indicate that the fair value of the reporting unit is more likely than not less than its carrying amount, then a quantitative goodwill impairment test is performed. For the purposes of impairment testing, we have determined that we have three reporting units. We completed our annual impairment test during the first quarter of fiscal 2022 and assessed whether there were any triggering events quarterly. We did not recognize any goodwill impairment charges in fiscal 2022, 2021 or 2020.

Intangible Assets -

We amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists. We continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets, including our intangible assets, may not be recoverable. When such events or changes in circumstances occur, we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows. If the future undiscounted cash flows are less than the carrying amount of these assets, we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets. We did not recognize any intangible asset impairment charges in fiscal 2022, 2021 or 2020.

During fiscal 2022, our intangible assets were amortized over their estimated useful lives ranging from two years to six years. Amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent. The weighted average useful lives of our intangible assets were as follows:


						Weighted Average Useful Life (years)
Developed technology						4.1
Customer relationships						5.3
Publisher and Data Supply relationships						5.2

Impairment of Long-lived Assets -

Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company considers factors such as operating losses, declining outlooks, and business conditions when evaluating the necessity for an impairment analysis. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset group to the undiscounted cash flows expected to result from the use and eventual disposition of the asset group. If such assets are impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.

We did not recognize any impairment charges related to long-lived assets in fiscal 2022, 2021 or 2020.

Fair Value of Financial Instruments -

We apply the provisions of ASC 820, Fair Value Measurement, to our assets and liabilities that we are required to measure at fair value pursuant to other accounting standards. The additional disclosure regarding our fair value measurements is included in Note 18 - Fair Value of Financial Instruments.

Concentration of Credit Risk and Significant Customers -

Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and cash equivalents and trade accounts receivable.

The Company maintains deposits in federally insured financial institutions more than federally insured limits. Management, however, believes the Company is not exposed to significant credit risk due to the financial position of the depository institutions in which those deposits are held.

The Company has no significant off-balance sheet risk such as foreign exchange contracts, options contracts, or other hedging arrangements.

The Company’s trade accounts receivables are from a large number of customers. Accordingly, the Company’s credit risk is affected by general economic conditions.

At March 31, 2022, there were no customers that represented more than 10% of the trade accounts receivable balance. Our ten largest clients represented approximately 28% of our revenues in fiscal year 2022. One client, The Interpublic Group of Companies, accounted for 11% of our revenues in fiscal year 2022.

Income Taxes -

The Company and its domestic subsidiaries file a consolidated federal income tax return. The Company’s foreign subsidiaries file separate income tax returns in the countries in which their operations are based.

The Company makes estimates and judgments in determining the provision for income taxes for financial statement purposes. These estimates and judgments occur in the calculation of tax credits, benefits, and deductions, and in the calculation of certain deferred tax assets and liabilities that arise from differences in the timing of recognition of revenue and expense for tax and financial statement purposes, as well as the interest and penalties related to uncertain tax positions. Significant changes in these estimates may result in an increase or decrease to the tax provision in a subsequent period. The Company assesses the likelihood that it will be able to recover its deferred tax assets. If recovery is not likely, the Company increases the provision for taxes by recording a valuation allowance against the deferred tax assets that it estimates will not ultimately be recoverable.

The calculation of tax liabilities involves dealing with uncertainties in the application of complex tax laws and regulations. The Company recognizes liabilities for uncertain tax positions based on a two-step process pursuant to ASC 740, Income Taxes. The first step is to evaluate the tax position for recognition by determining whether the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. If the Company determines that a tax position will more likely than not be sustained on audit, the second step requires the Company to estimate and measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. It is inherently difficult and subjective to estimate such amounts, as the Company must determine the probability of various outcomes.

The Company re-evaluates these uncertain tax positions on a quarterly basis. This evaluation is based on factors such as changes in facts or circumstances, changes in tax law, new audit activity, and effectively settled issues. Determining whether an uncertain tax position is effectively settled requires judgment. Such a change in recognition or measurement would result in the recognition of a tax benefit or an additional charge to the tax provision.

Foreign Currency -

The reporting currency of the Company is the U.S. dollar. The functional currency of our foreign operations generally is the applicable local currency for each foreign subsidiary. The balance sheets of the Company’s foreign subsidiaries are translated at period-end rates of exchange, and the statements of operations are translated at the average exchange rate for the period. The effects of foreign currency translation adjustments are included in accumulated other comprehensive income (loss) in the consolidated statements of equity and comprehensive income (loss). We reflect net foreign exchange transaction gains and losses, resulting from the conversion of the transaction currency to functional currency, as a component of foreign currency exchange gain (loss) in total other income (expense) in the consolidated statements of operations.

Advertising Expense -

Advertising costs are expensed as incurred. Advertising expense was approximately $10.5 million, $7.0 million, and $9.8 million for the fiscal years ended March 31, 2022, 2021 and 2020, respectively. Advertising expense is included in operating expenses in the consolidated statements of operations.

Legal Contingencies -

We are currently involved in various claims and legal proceedings. Quarterly, we review the status of each significant matter and assess our potential financial exposure. We accrue a liability for an estimated loss if the potential loss from any claim or legal proceeding is considered probable, and the amount can be reasonably estimated. Note 13 - Commitments and Contingencies provides additional information regarding certain of our legal contingencies.

Stock-Based Compensation -

The Company records stock-based compensation expense according to the provisions of ASC Topic 718, Compensation – Stock Compensation. ASC Topic 718 requires all stock-based payments to employees, including grants of employee stock options, to be recognized in the statement of operations over the service period of the award based on their fair values. Under the provisions of ASC Topic 718, the Company determines the appropriate fair value model to be used for valuing stock-based payments and the amortization method for compensation cost.

The Company has stock option plans and equity compensation plans (collectively referred to as the “stock-based plans”) administered by the compensation committee of the board of directors (“compensation committee”) under which options and restricted stock units were outstanding as of March 31, 2022.

The Company’s equity compensation plan provides that all employees (employees, officers, directors, affiliates, independent contractors or consultants) are eligible to receive awards (grant of any option, stock appreciation right, restricted stock award, restricted stock unit award, performance award, performance share, performance unit, qualified performance-based award, or other stock unit award) under the plan with the terms and conditions applicable to an award set forth in applicable grant documents.

Incentive stock option awards granted under the stock-based plans cannot be granted with an exercise price less than 100% of the per-share market value of the Company’s shares at the date of grant and have a maximum duration of ten years from the date of grant. Board policy currently requires that non-qualified options also must be priced at or above 100% of the fair market value of the common stock at the time of grant with a maximum duration of ten years.

Restricted stock units may be issued under the equity compensation plan and represent the right to receive shares in the future by way of an award agreement that includes vesting provisions. Award agreements can further provide for forfeitures triggered by certain prohibited activities, such as breach of confidentiality. All restricted stock units are expensed over the vesting period and adjusted for forfeitures as incurred. The vesting of some restricted stock units is subject to the Company’s achievement of certain performance criteria, as well as the individual remaining employed by the Company for a period of years.

The Company receives income tax deductions because of the exercise of non-qualified stock options and the vesting of other stock-based awards. To the extent the income tax deductions differ from the corresponding stock-based compensation expense, such excess tax benefits and deficiencies are included as a component of income tax expense and reflected as an operating cash flow included in changes in operating assets and liabilities.

Restructuring –

The Company records costs associated with employee terminations and other exit activity in accordance with ASC 420, Exit or Disposal Cost Obligations, depending on whether the costs relate to exit or disposal activities under the accounting standards, or whether they are other post-employment termination benefits. Under applicable accounting standards for exit or disposal costs, the Company records employee termination benefits as an operating expense when the benefit arrangement is communicated to the employee and no significant future services are required. Under the accounting standards related to post employment termination benefits, the Company records employee termination benefits when the termination benefits are probable and can be estimated. The Company recognizes the present value of facility lease termination obligations, net of estimated sublease income and other exit costs, when the Company has future payments with no future economic benefit or a commitment to pay the termination costs of a prior commitment. In future periods the Company will record accretion expense to increase the liability to an amount equal to the estimated future cash payments necessary to exit the leases. This requires judgment and management estimation to determine the expected time frame for securing a subtenant, the amount of sublease income to be received and the appropriate discount rate to calculate the present value of the future cash flows. Should actual lease exit costs differ from estimates, the Company may be required to adjust the restructuring charge within gains, losses and other items, net in the consolidated statement of operations in the period any adjustment is recorded.


Accounting Pronouncements Adopted During the Current Year -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12")	ASU 2019-12 simplified the accounting for income taxes, eliminated certain exceptions to the general principles in Topic 740 and clarifies and amended existing guidance to improve consistent application.	April 1, 2021	The effect of prospectively adopting ASU 2019-12 on our consolidated financial statements and related disclosures was not material.


Recent accounting pronouncements not yet adopted -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
There are no material accounting pronouncements applicable to the Company not yet adopted

REVENUE FROM CONTRACTS WITH CUSTOMERS:

12 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS:

Disaggregation of Revenue

In the following table, revenue is disaggregated by primary geographical market and major service offerings (dollars in thousands):


	For the twelve months ended March 31,
Primary Geographical Markets	2022		2021		2020
United States	$	495,765	$	415,976	$	354,437
Europe	26,373		22,515		20,789
Asia-Pacific ("APAC")	6,519		4,535		5,346
	$	528,657	$	443,026	$	380,572

Major Offerings/Services
Subscription	$	428,617	$	356,597	$	305,679
Marketplace and Other	100,040		86,429		74,893
	$	528,657	$	443,026	$	380,572

Transaction Price Allocated to the Remaining Performance Obligations

We have performance obligations associated with fixed commitments in customer contracts for future services that have not yet been recognized in our consolidated financial statements. The amount of fixed revenue not yet recognized was $394.2 million as of March 31, 2022, of which $308.5 million will be recognized over the next twelve months. The Company expects to recognize revenue on substantially all of these remaining performance obligations by March 31, 2026.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045

+ Details

LEASES:

12 Months Ended

Mar. 31, 2022

Leases [Abstract]

LEASES:

Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands):



	March 31, 2022			March 31, 2021
Right-of-use assets included in other assets, net	$	59,459		$	11,731
Short-term lease liabilities included in other accrued expenses	$	8,984		$	9,608
Long-term lease liabilities included in other liabilities	$	52,241		$	4,158

Supplemental balance sheet information:
Weighted average remaining lease term	6.4 years			1.8 years
Weighted average discount rate	3.6		%	5.0		%

The Company leases its office facilities under non-cancellable operating leases that expire at various dates through fiscal 2030. Certain leases contain provisions for property-related costs that are variable in nature for which the Company is responsible, including common area maintenance and other property operating services. These costs are calculated based on a variety of factors including property values, tax and utility rates, property service fees, and other factors. Operating lease costs were $11.6 million, $11.6 million and $10.1 million for the twelve months ended March 31, 2022, 2021 and 2020, respectively.

During fiscal 2022, the Company negotiated lease extensions at five of its leased office space locations and new leases for two other office locations. The lease period extensions ranged from 2 to 8 years and included the lease extension of the Company's primary corporate headquarters in San Francisco, California by 7 years. As a result, approximately $56.2 million of new right-of-use assets and lease liabilities were recognized in the consolidated balance sheets and as supplemental information to the consolidated statements of cash flows.

Future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of March 31, 2022 are as follows (dollars in thousands):


	Amount
Fiscal 2023	$	9,308
Fiscal 2024	11,079
Fiscal 2025	9,700
Fiscal 2026	10,260
Fiscal 2027	9,231
Thereafter	19,610
Total undiscounted lease commitments	69,188
Less: Interest and short-term leases	7,963
Total discounted operating lease liabilities	$	61,225

Future minimum payments as of March 31, 2022 related to restructuring plans as a result of the Company's exit from certain leased office facilities (see Note 4) are as follows (dollars in thousands): Fiscal 2023: $2,663; Fiscal 2024: $2,698; Fiscal 2025: $2,698; and Fiscal 2026: $1,799.

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

12 Months Ended

Mar. 31, 2022

Restructuring and Related Activities [Abstract]

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

Restructuring activities result in various costs, including asset write-offs, exit charges including severance, contract termination fees, and decommissioning and other costs. Any impairment of the asset is recognized immediately in the period the plan is approved.

A reconciliation of the beginning and ending restructuring liabilities is shown below for the fiscal years ended March 31, 2022, 2021, and 2020. The restructuring charges and adjustments are included in gains, losses and other items, net in the consolidated statement of operations. The reserve balances are included in other accrued expenses and other liabilities in the consolidated balance sheets (dollars in thousands).


	Employee-related reserves		Lease accruals		Total
Balances at March 31, 2019	4,595		5,688		10,283
Restructuring charges and adjustments	2,291		1,139		3,430
Payments	(6,436)		(584)		(7,020)
Balances at March 31, 2020	$	450	$	6,243	$	6,693
Restructuring charges and adjustments	1,663		62		1,725
Payments	(1,288)		(2,387)		(3,675)
Balances at March 31, 2021	$	825	$	3,918	$	4,743
Restructuring charges and adjustments	—		(19)		(19)
Payments	(778)		(872)		(1,650)
Balances at March 31, 2022	$	47	$	3,027	$	3,074

Employee-related Restructuring Plans

In fiscal 2021, the Company recorded a total of $1.7 million in employee-related restructuring charges and adjustments. The expense included severance and other employee-related charges in the United States and Europe. Of the associate-related charges of $1.7 million, $0.1 million remained accrued as of March 31, 2022 and are expected to be paid out during fiscal 2023.

In fiscal 2020, the Company recorded a total of $2.3 million in associate-related restructuring charges and adjustments. The expense included severance and other associate-related charges in APAC of $0.6 million and adjustments to fiscal 2019 associate-related restructuring plans for associates in the United States of $1.7 million, all of which were paid out in fiscal 2020. The fiscal 2020 associate-related accruals of $0.6 million had a remaining balance of $0.2 million at March 31, 2020. This amount was paid out in fiscal 2021.

Lease-related Restructuring Plans

In fiscal 2017, the Company made the strategic decision to exit and sub-lease a certain leased office facility under a staggered-exit plan. The full exit was completed in fiscal 2019. We intend to continue subleasing the facility to the extent possible. The liability will be satisfied over the remainder of the leased property's term, which continues through November 2025. Any future changes in the estimates or in the actual sublease income may require future adjustments to the liabilities, which would impact net earnings (loss) in the period the adjustment is recorded. Through March 31, 2022, the Company has recorded a total of $7.3 million of restructuring charges and adjustments related to this lease. Of the amount accrued for this facility lease, $3.0 million remained accrued at March 31, 2022.

In addition to the fiscal 2017 restructured lease discussed above, the Company recorded a $1.0 million settlement in fiscal 2021 for an office space lease cancellation that was paid during the quarter ended September 30, 2020.

Gains, Losses and Other Items, net

The following table summarizes the activity included in gains, losses and other items, net in the consolidated statements of operations for each of the years presented (dollars in thousands):


	Twelve Months Ended March 31,
		2022		2021		2020
Restructuring plan charges and adjustments		$	(19)	$	1,725	$	3,430
Early contract terminations		1,042		—		908
Other		456		990		663
		$	1,479	$	2,715	$	5,001

ACQUISITIONS:

12 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

ACQUISITIONS:

Rakam

On December 13, 2021, the Company completed the acquisition of certain technology assets owned by Rakam, Inc. ("Rakam") for approximately $2.2 million in cash (including a holdback amount of $0.2 million included in other accrued expenses in the consolidated balance sheet - see Note 11). The technology asset is a cloud-agnostic customer data analytics platform that is deployed direct in the client's data warehouse. The purchased technology will be embedded into the Company's platform, enabling us to provide a single, unified segmentation solution and enable our clients to generate real-time insights and create custom audiences wherever their data resides.

The Company concluded the acquired assets did not meet the definition of a business under ASU 2017-01, "Clarifying the Definition of a Business" and therefore has accounted for the acquisition as an asset acquisition. The purchased asset was recorded as a $2.2 million developed technology intangible asset included in other assets, net in the consolidated balance sheet and will be amortized over a period of three years based on its estimated useful life.

In connection with acquisition, the Company extended employment agreements and granted $2.6 million of restricted stock units to two key Rakam employees that will be recorded as non-cash stock compensation (see Note 14). The restricted stock units will vest over four years and are not considered part of the asset purchase price as they require future service and continued employment by those individuals to vest.

Diablo

On April 21, 2021, the Company completed the acquisition of Diablo.ai, Inc. ("Diablo"), a first-party data resolution platform and graph builder, for approximately $9.7 million in cash (including a holdback amount of $1.2 million included in other accrued expenses in the consolidated balance sheet - see Note 11). The acquisition also included $1.9 million of assumed restricted stock awards that will be recorded as non-cash stock compensation over a period of three years (see Note 14). Diablo's technology will be embedded into our unified platform and will play an integral role in our global identity capability. The Company has omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition is not material. The results of operations for this acquisition are included in the Company's consolidated results beginning April 21, 2021.

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	April 21, 2021
Assets acquired:
Cash	$	131
Goodwill	7,012
Intangible assets	3,500
Total assets acquired	10,643
Deferred income taxes	(710)
Accounts payable and accrued expenses	(65)
Net assets acquired	9,868
Less:
Cash acquired	(131)
Net purchase price allocated	9,737
Less:
Cash held back	(1,200)
Net cash paid in acquisition	8,537

The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to the development of future technology and products. The goodwill balance is not deductible for U.S. income tax purposes. The amount allocated to intangible assets in the table is developed technology with a useful life of three years. The Company initially recognized the assets and liabilities acquired based on its preliminary estimates of their fair values as of the acquisition date. As additional information becomes known concerning the acquired assets and assumed liabilities, management may make adjustments to the opening balance sheet of the acquired company up to the end of the measurement period, which is not longer than a one-year period following the acquisition date. The determination of the fair values of the acquired assets and liabilities assumed (and the related determination of the estimated lives of depreciable tangible and identifiable intangible assets) requires significant judgment. As of March 31, 2022, the Company has not completed its analysis of deferred income taxes. The fair value currently assigned to deferred income taxes was based on the information that was available as of the date of the acquisition. The Company expects to finalize the deferred income taxes in the first quarter of fiscal 2023.

DataFleets

On February 17, 2021, the Company acquired DataFleets, Ltd. ("DataFleets"), a cloud data platform that enables data silos to be unified without moving data or compromising privacy. This acquisition expands LiveRamp's data protection capabilities to unlock greater data access and control for its customers. In addition, the deal opens up new use cases as well as new markets for distributed data collaboration through the Safe Haven platform. The Company has included the financial results of DataFleets in the consolidated financial statements as of February 17, 2021. The acquisition date fair value of the consideration for DataFleets was approximately $67.2 million, which consisted of the following (dollars in thousands):


Cash, net of $2.1 million cash acquired	58,264
Restricted cash held in escrow	8,900
Total fair value of consideration transferred	$	67,164

On the acquisition date, the Company delivered $8.9 million of cash to an escrow agent according to the terms of the purchase agreement. The principal escrow was owned by the Company until the funds were delivered to the DataFleets sellers in the fourth quarter of fiscal 2022. All interest and earnings on the principal escrow amount remained the property of the Company.

The total fair value of replacement stock options issued was $2.9 million for future services and will be expensed over the future requisite service periods.

In connection with the DataFleets acquisition, the Company agreed to pay $18.1 million to certain key employees (see Note 14). The consideration holdback is payable in three equal, annual increments, based on the anniversary dates of the acquisition, and is payable in shares of Company common stock. The number of shares to be issued annually will vary based on the market price of the shares on the date of issuance. The consideration holdback is not part of the purchase price, as vesting is dependent on continued employment of the key employees. It will be recorded as non-cash stock-based compensation expense over the three-year earning period.

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	February 17, 2021
Assets acquired:
Cash	$	2,099
Goodwill	56,436
Intangible assets	11,400
Other current and noncurrent assets	1,119
Total assets acquired	71,054
Deferred income taxes	(1,716)
Accounts payable and accrued expenses	(75)
Net assets acquired	69,263
Less:
Cash acquired	(2,099)
Net purchase price allocated	67,164
Less:
Restricted cash held in escrow	(8,900)
Net cash paid in acquisition	$	58,264

The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to expectations to the development of future technology. The goodwill balance is not deductible for U.S. income tax purposes.

The amounts allocated to intangible assets in the table above included developed technology, and customer relationships/trade name. Intangible assets are being amortized on a straight-line basis over the estimated useful lives. The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):


			Useful life
	Fair value		(in years)
Developed technology	$	11,000	4
Customer relationships/trade names	400		2
Total intangible assets	$	11,400

The Company has omitted pro forma disclosures related to this acquisition date as the pro forma effect of this acquisition is not material.

Acuity Data

On July 16, 2020, the Company completed the acquisition of Acuity Data ("Acuity"), a team of global retail and consumer packaged goods ("CPG") experts, for approximately $2.9 million in cash. The acquisition also included a three-year performance plan having a maximum potential attainment of $5.1 million that would be recorded as non-cash stock-based compensation expense if achieved. The acquisition strengthens the retail analytics capabilities of our Safe Haven platform by enabling better reporting, insights, and collaboration for retailers and CPG companies, bridging the gap between trade and media by bringing consumers' digital signals and retail transaction data together in a privacy-conscious manner.

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	July 16, 2020
Assets acquired:
Cash	$	184
Trade accounts receivable	156
Goodwill	2,011
Intangible assets	1,100
Other current and noncurrent assets	43
Total assets acquired	3,494
Deferred income taxes	(288)
Accounts payable and accrued expenses	(89)
Net assets acquired	3,117
Less:
Cash acquired	(184)
Net cash paid	$	2,933

The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to the development of future technology and products, development of future customer relationships, and the Acuity assembled workforce. The Company has omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition is not material.

Data Plus Math

On July 2, 2019, the Company closed its acquisition of Data Plus Math Corporation ("DPM"), a media measurement company that works with brands, agencies, cable operators, streaming TV services and networks to tie cross-screen ad exposure with real-world outcomes. The Company has included the financial results of DPM in the consolidated financial statements from the acquisition date. The acquisition date fair value of the consideration for DPM was approximately $118.0 million, which consisted of the following (dollars in thousands):



Cash, net of $0.4 million cash acquired	$	100,886
Restricted cash held in escrow	14,815
Fair value of replacement stock options considered a component of purchase price	2,300
Total fair value of consideration transferred	$	118,001

On the acquisition date, the Company delivered $14.8 million of cash to an escrow agent according to the terms of the purchase agreement. The principal escrow amount was owned by the Company until funds were delivered to the DPM sellers in the second quarter of fiscal 2021. All interest and earnings on the principal escrow amount remained the property of the Company.

The total fair value of the replacement stock options issued was $7.4 million of which $2.3 million was allocated to the purchase consideration and $5.1 million was allocated to future services and will be expensed over the future requisite service periods (see Note 14).

In connection with the DPM acquisition, the Company agreed to pay $24.7 million to certain key employees (see Note 14). The consideration holdback is payable in three equal, annual increments, based on the anniversary dates of the acquisition, and is payable in shares of Company common stock. The number of shares to be issued annually will vary depending on the market price of the shares on the date of issuance. The consideration holdback is not part of the purchase price, as vesting is dependent on continued employment of the key employees. It will be recorded as non-cash stock-based compensation expense over the three-year earning period.

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	July 2, 2019
Assets acquired:
Cash	$	438
Trade accounts receivable	957
Goodwill	90,619
Intangible assets	34,000
Other current and noncurrent assets	1,186
Total assets acquired	127,200
Deferred income taxes	(6,034)
Accounts payable and accrued expenses	(2,727)
Net assets acquired	118,439
Less:
Cash acquired	(438)
Net purchase price allocated	118,001
Less:
Restricted cash held in escrow	(14,815)
Fair value of replacement stock options considered a component of purchase price	(2,300)
Net cash paid in acquisition	$	100,886

The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to expectations to development of future technology and products, development of future customer relationships, and the DPM's assembled workforce. The goodwill balance is not deductible for U.S. income tax purposes.

The amounts allocated to intangible assets in the table above included developed technology, data supply relationships, customer relationships, and trademarks. Intangible assets are being amortized on a straight-line basis over the estimated useful lives. The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):


			Useful life
	Fair value		(In years)
Developed technology	$	11,000	4
Data supply relationships	16,000		4
Customer relationships	6,000		4
Trademarks	1,000		2
Total intangible assets	$	34,000

The Company has omitted disclosures of revenue and net loss of the acquired company from the acquisition date as the amounts are not material.

Faktor

On April 2, 2019, the Company acquired all of the outstanding shares of Faktor B.V. ("Faktor"). Faktor is a global consent management platform that allows consumers to control how their data is collected, used, and transferred for usage to another party. Faktor's platform provides individuals with notice and choice on websites and mobile apps and allows them to opt-in or opt-out via a visible banner on the page. The Company paid approximately $4.5 million in cash for the acquired shares. The Company has omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition is not material. The results of operations for the acquisition are included in the Company's consolidated results beginning April 2, 2019.

The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands):


	April 2, 2019
Assets acquired:
Cash	$	35
Trade accounts receivable	63
Goodwill	3,110
Intangible assets	1,700
Other current and noncurrent assets	126
Total assets acquired	5,034
Deferred income taxes	(194)
Accounts payable and accrued expenses	(326)
Net assets acquired	4,514
Less:
Cash acquired	(35)
Net cash paid	$	4,479

The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to development of future technology and products, development of future customer relationships, and the Faktor assembled workforce.

DISCONTINUED OPERATIONS:

12 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS:

Acxiom Marketing Solutions ("AMS") business

During fiscal 2019, the Company completed the sale of its AMS business to The Interpublic Group of Companies, Inc. (“IPG”) for $2.3 billion in cash. The business qualified for treatment as discontinued operations during fiscal 2019. At the closing of the transaction, the Company received total consideration of $2.3 billion ($2.3 billion stated sales price less closing adjustments, transaction costs and other items of $49.0 million). Additionally, the Company applied $230.5 million of proceeds from the sale to repay outstanding Company debt and related interest. The Company reported a gain of $1.7 billion on the sale, which was included in earnings from discontinued operations, net of tax.

Summary results of operations for AMS for the fiscal year ended March 31, 2020 are segregated and included in earnings from discontinued operations, net of tax, in the consolidated statements of operations. The following is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands):


	Year ended March 31, 2020



Operating expenses:



Gains, losses and other items, net	$	(957)
Total operating expenses	(957)



Earnings from discontinued operations before income taxes	957
Income taxes	207
Earnings from discontinued operations, net of tax	$	750

OTHER CURRENT AND NONCURRENT ASSETS:

12 Months Ended

Mar. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

OTHER CURRENT AND NONCURRENT ASSETS:

Other current assets consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Prepaid expenses and other	$	13,947	$	31,659
Share receivable for cash settlement of withheld income tax withholdings on equity award	—		9,055
Certificates of deposit	7,500		7,500
Assets of non-qualified retirement plan	15,528		15,838
Other current assets	$	36,975	$	64,052

Other noncurrent assets consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Long-term prepaid revenue share	$	13,468	$	8,127
Right-of-use assets (see Note 4)	59,459		11,731
Deferred tax asset	1,224		663
Deposits	4,486		2,745
Strategic investments	5,700		5,700
Other miscellaneous noncurrent assets	877		1,888
Other assets, net	$	85,214	$	30,854

In conjunction with the July 2015 disposition of our former IT outsourcing business, we retained a profits interest previously recognized at $0.7 million within miscellaneous noncurrent assets at March 31, 2021. In the twelve months ended March 31, 2022, the Company recorded a $30.5 million gain included in total other income in the consolidated statement of operations related to a $31.2 million cash distribution received from the settlement of this retained profits interest.

PROPERTY AND EQUIPMENT:

12 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT:

PROPERTY AND EQUIPMENT:Property and equipment is summarized as follows (dollars in thousands):


	March 31, 2022		March 31, 2021

Leasehold improvements	$	28,224	$	26,024
Data processing equipment	7,001		9,053
Office furniture and other equipment	9,776		9,207
	45,001		44,284
Less accumulated depreciation and amortization	33,470		32,327
Property and equipment, net of accumulated depreciation and amortization	$	11,531	$	11,957

Depreciation expense on property and equipment was $5.4 million, $8.9 million and $15.3 million for the twelve months ended March 31, 2022, 2021, and 2020, respectively. Depreciation expense in fiscal 2020 included $3.6 million of accelerated depreciation expense associated with the reduced useful life of certain IT equipment in connection with the Company's migration to a cloud-based data center solution.

GOODWILL:

12 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL:

Changes in goodwill for the twelve months ended March 31, 2022 and 2021 were as follows (dollars in thousands):


	Total
Balance at March 31, 2020	$	297,796
Acquisition of Acuity Data	2,011
Acquisition of DataFleets	56,436
Change in foreign currency translation adjustment	1,203
Balance at March 31, 2021	$	357,446
Acquisition of Diablo	7,012
Change in foreign currency translation adjustment	(613)
Balance at March 31, 2022	$	363,845

Goodwill by geography as of March 31, 2022 was:


	Total
U.S.	$	360,466
APAC	3,379
Balance at March 31, 2022	$	363,845

INTANGIBLE ASSETS:

12 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS:

The amounts allocated to intangible assets from acquisitions include developed technology, customer relationships, trade names, and publisher and data supply relationships. The following table shows the amortization activity of intangible assets (dollars in thousands):


	March 31, 2022		March 31, 2021
Developed technology, gross	$	84,146	$	78,547
Accumulated amortization	(67,980)		(60,424)
Net developed technology	$	16,166	$	18,123

Customer relationship/Trade name, gross	$	43,490	$	43,506
Accumulated amortization	(40,582)		(37,510)
Net customer/trade name	$	2,908	$	5,996

Publisher/Data supply relationships, gross	$	39,800	$	39,800
Accumulated amortization	(32,156)		(24,189)
Net publisher/data supply relationships	$	7,644	$	15,611

Total intangible assets, gross	$	167,436	$	161,853
Total accumulated amortization	(140,718)		(122,123)
Total intangible assets, net	$	26,718	$	39,730

Total amortization expense related to intangible assets was $18.7 million, $18.0 million, and $19.0 million for the fiscal years ended March 31, 2022, 2021 and 2020, respectively.

The following table presents the estimated future amortization expenses related to intangible assets.


Fiscal Year:
2023	$	16,837
2024	6,860
2025	3,021

	$	26,718

OTHER ACCRUED EXPENSES:

12 Months Ended

Mar. 31, 2022

Other Accrued Expenses [Abstract].

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES:

Other accrued expenses consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Liabilities of non-qualified retirement plan	$	15,528	$	15,838
Short-term lease liabilities (see Note 3)	8,984		9,608

DPM consideration holdback (see Note 14)	6,092		6,092
Acuity performance earnout liability (see Note 14)	2,420		2,208
DataFleets consideration holdback (see Note 5)	756		755
Diablo consideration holdback (see Note 5)	1,200		—
Rakam consideration holdback (see Note 5)	223		—
Other miscellaneous accrued expenses	10,864		23,852
Other accrued expenses	$	46,067	$	58,353

OTHER LIABILITIES:

12 Months Ended

Mar. 31, 2022

Other Liabilities Disclosure [Abstract]

OTHER LIABILITIES:

Other liabilities consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Uncertain tax positions	$	24,374	$	26,156
Long-term lease liabilities (see Note 3)	52,241		4,158
Restructuring accruals	3,619		4,510
Other	5,876		7,565

Other liabilities	$	86,110	$	42,389

COMMITMENTS AND CONTINGENCIES:

12 Months Ended

Mar. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES:

Legal Matters

The Company is involved in various claims and legal proceedings that arise in the ordinary course of business. Management routinely assesses the likelihood of adverse judgments or outcomes to these matters, as well as ranges of probable losses, to the extent losses are reasonably estimable. The Company records accruals for these matters to the extent that management concludes a loss is probable and the financial impact, should an adverse outcome occur, is reasonably estimable. These accruals are adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertinent to a particular matter. These accruals are reflected in the Company’s consolidated financial statements. In management’s opinion, the Company has made appropriate and adequate accruals for these matters, and management believes the probability of a material loss beyond the amounts accrued to be remote. However, the ultimate liability for these matters is uncertain, and if accruals are not adequate, an adverse outcome could have a material effect on the Company’s consolidated financial condition or results of operations. The Company maintains insurance coverage above certain limits.

Commitments

The following table presents the Company’s purchase commitments at March 31, 2022. Purchase commitments primarily include contractual commitments for the purchase of data, hosting services, software-as-a-service arrangements and leasehold improvements. The table does not include the future payment of liabilities related to uncertain tax positions of $24.4 million as the Company is not able to predict the periods in which the payments will be made (dollars in thousands):


	For the years ending March 31,
	2023		2024		2025		2026		Total


Purchase commitments	$	58,495	$	48,201	$	46,514	$	33,150	$	186,360

While the Company does not have any other material contractual commitments for capital expenditures, certain levels of investments in facilities and computer equipment continue to be necessary to support the growth of the business.

STOCKHOLDERS' EQUITY:

12 Months Ended

Mar. 31, 2022

Equity [Abstract]

STOCKHOLDERS' EQUITY:

The Company has authorized 200 million shares of $0.10 par value common stock and 1 million shares of $1.00 par value preferred stock. The board of directors of the Company may designate the relative rights and preferences of the preferred stock when and if issued. Such rights and preferences could include liquidation preferences, redemption rights, voting rights and dividends, and the shares could be issued in multiple series with different rights and preferences. The Company currently has no plans for the issuance of any shares of preferred stock.

On August 29, 2011, the board of directors adopted a common stock repurchase program. That program was subsequently modified and expanded, most recently on November 3, 2020. On that date, the board of directors extended the term of the existing common stock repurchase program. Under the modified common stock repurchase program, the Company may purchase up to $1.0 billion of its common stock through the period ending December 31, 2022. During the fiscal year ended March 31, 2022, the Company repurchased 1.3 million shares of its common stock for $58.6 million under the stock repurchase program. During the fiscal year ended March 31, 2021, the Company repurchased 1.3 million shares of its common stock for $42.3 million under the stock repurchase program. During the fiscal year ended March 31, 2020, the Company repurchased 4.4 million shares of its common stock for $182.2 million under the stock repurchase program. Through March 31, 2022, the Company has repurchased 29.6 million shares of its stock for $732.2 million, leaving remaining capacity of $267.8 million under the stock repurchase program.

The Company paid no dividends on its common stock for any of the years reported.

Stock-based Compensation Plans

The Company has stock option and equity compensation plans for which a total of 39.1 million shares of the Company’s common stock have been reserved for issuance since the inception of the plans. At March 31, 2022, there were a total of 2.8 million shares available for future grants under the plans.

Stock-based Compensation Expense

The Company's stock-based compensation activity for the twelve months ended March 31, 2022, 2021, and 2020, by award type, was (dollars in thousands):


	For the twelve months ended
	March 31,
	2022		2021		2020
Stock options	$	1,935	$	2,308	$	3,675

Restricted stock units	56,008		78,164		55,543
Diablo restricted stock awards	794		—		—
Arbor acquisition consideration holdback	—		—		2,553
DPM acquisition consideration holdback	8,122		8,030		6,185
Pacific Data Partners ("PDP") assumed performance plan	9,101		18,388		20,332
Acuity performance plan	1,912		2,208		—
DataFleets acquisition consideration holdback	6,043		755		—
Other stock-based compensation	3,342		1,854		1,159
Total non-cash stock-based compensation included in the consolidated statements of operations	87,257		111,707		89,447
Less expense related to liability-based equity awards	(16,077)		(27,311)		(24,228)

Total non-cash stock-based compensation included in the consolidated statements of equity	$	71,180	$	84,396	$	65,219

The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in thousands):


	For the twelve months ended
	March 31,
	2022		2021		2020
Cost of revenue	$	4,111	$	5,300	$	3,769
Research and development	32,112		38,960		23,260
Sales and marketing	28,586		40,401		38,026
General and administrative	22,448		27,046		24,392
Total non-cash stock-based compensation included in the consolidated statements of operations	$	87,257	$	111,707	$	89,447

In March 2021, the Company accelerated the vesting of certain time-vesting restricted stock units that would have otherwise vested over the following six months to take advantage of significant cash tax savings opportunities. This resulted in the vesting of time-vesting and performance-based restricted stock units covering approximately 0.7 million shares of common stock. The Company recognized $21.4 million of compensation costs related to the accelerated vesting of these units, which is included in loss from operations in the consolidated statement of operations. Of the $21.4 million compensation costs, $8.4 million represented incremental compensation cost due to the modification and $13.0 million represented accelerated original grant date fair value compensation cost.

The following table provides the expected future expense for all of the Company's outstanding equity awards at March 31, 2022, by award type.


	For the years ending March 31,
	2023		2024		2025		2026		Total
Stock options	$	1,089	$	720	$	158	$	—	$	1,967
Restricted stock units	71,881		55,301		38,236		11,806		177,224
Diablo restricted stock awards	518		518		89		—		1,125
DPM acquisition consideration holdback	2,031		—		—		—		2,031
Acuity performance plan	815		165		—		—		980
DataFleets acquisition consideration holdback	6,043		5,287		—		—		11,330
Other stock-based compensation	353		—		—		—		353
Expected future expense	$	82,730	$	61,991	$	38,483	$	11,806	$	195,010

Stock Options Activity

In February 2021, in connection with the acquisition of DataFleets, the Company replaced all unvested outstanding stock options held by DataFleets employees immediately prior to the acquisition with options to acquire shares of LiveRamp common stock having substantially the same terms and conditions as were applicable under the original options. In total, the Company issued 42,154 replacement options at a weighted-average exercise price of $0.70 per share. The acquisition-date fair value of the replacement stock options was $2.9 million and was determined using a binomial lattice model. All of the replacement options require post-combination service. As a result, the $2.9 million acquisition-date fair value is considered future compensation cost and will be recognized as stock-based compensation cost over the remaining service period of the replacement options.

In fiscal 2020, in connection with the acquisition of DPM, the Company replaced all outstanding stock options held by DPM employees immediately prior to the acquisition with options to acquire shares of LiveRamp common stock having substantially the same terms and conditions as were applicable under the original options. In total, the Company issued 162,481 replacement options at a weighted-average exercise price of $1.64 per share. The acquisition-date fair value of the replacement stock options was $7.4 million and was determined using a binomial lattice model. $2.3 million of the acquisition-date fair value of the replacement options was calculated and identified as consideration transferred in the DPM acquisition. The remaining $5.1 million acquisition-date fair value is considered future compensation costs and will be recognized as stock-based compensation cost over the remaining service period.

Stock option activity for the twelve months ended March 31, 2022 was:


				Weighted average
		Weighted average		remaining	Aggregate
	Number of	exercise price		contractual term	Intrinsic value
	shares	per share		(In years)	(In thousands)
Outstanding at March 31, 2021	844,045	$	15.31

Exercised	(110,617)	$	9.35		$	4,338
Forfeited or canceled	(3,424)	$	2.39
Outstanding at March 31, 2022	730,004	$	16.28	2.2	$	15,411
Exercisable at March 31, 2022	699,260	$	16.96	1.9	$	14,289

The aggregate intrinsic value for options exercised in fiscal 2022, 2021, and 2020 was $4.3 million, $23.2 million, and $6.7 million, respectively. The aggregate intrinsic value at period end represents the total pre-tax intrinsic value (the difference between LiveRamp’s closing stock price on the last trading day of the period and the exercise price for each in-the-money option) that would have been received by the option holders had they exercised their options on March 31, 2022. This amount changes based upon changes in the fair market value of LiveRamp’s common stock.

A summary of stock options outstanding and exercisable as of March 31, 2022 was:


					Options outstanding				Options exercisable
Range of						Weighted average	Weighted average			Weighted average
exercise price					Options	remaining	exercise price		Options	exercise price
per share					outstanding	contractual life	per share		exercisable	per share
$	—	—	$	9.99	81,495	5.6 years	$	0.99	50,751	$	1.06
$	10.00	—	$	19.99	346,807	1.7 years	$	15.50	346,807	$	15.50
$	20.00	—	$	24.99	301,702	1.8 years	$	21.31	301,702	$	21.31

					730,004	2.2 years	$	16.28	699,260	$	16.96

Diablo Restricted Stock Awards

During the twelve months ended March 31, 2022, in connection with the acquisition of Diablo, the Company replaced the unvested outstanding restricted stock shares held by a Diablo employee immediately prior to the acquisition with restricted shares of LiveRamp common stock having substantially the same terms and conditions as were applicable under the original restricted stock agreement. The conversion calculation resulted in issuance of 40,600 replacement restricted stock shares having an acquisition-date fair value of $1.9 million. The restricted shares vest subject to post-combination service requirements. As a result, the acquisition-date fair value is considered future compensation cost and will be recognized as stock-based compensation cost over the approximate three-year vesting period of the awards.

Changes in the Company's restricted stock for the twelve months ended March 31, 2022 was:


		Weighted average
		fair value per		Weighted average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Unvested restricted stock awards at March 31, 2021	—	$	—
Diablo replacement restricted stock award	40,600	$	47.29
Vested	(15,834)	$	47.29

Unvested restricted stock awards at March 31, 2022	24,766	$	47.29	2.17

The total fair value of restricted stock awards vested during the twelve months ended March 31, 2022 was $0.8 million and is measured as the quoted market price of the Company's common stock on the vesting date for the number of shares vested.

Restricted Stock Unit Activity

Time-vesting restricted stock units ("RSUs") -

During the twelve months ended March 31, 2022, the Company granted time-vesting RSUs covering 3,037,440 shares of common stock and having a fair value at the date of grant of $143.4 million. The RSUs granted in the current year primarily vest over four years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant. Included in the RSUs granted in the current fiscal year were units related to the Diablo acquisition and the Rakam acquisition (see Note 5). Following the closing of the Diablo acquisition, the Company granted new awards of RSUs, covering 98,442 shares of common stock having a grant date fair value of $4.7 million, to select employees to induce them to accept employment with the Company. In connection with the Rakam acquisition, the Company extended employment agreements and granted new awards of RSUs, covering 55,927 shares of common stock having a grant date fair value of $2.6 million, to two key Rakam employees.

During fiscal 2021, the Company granted time-vesting RSUs covering 2,228,445 shares of common stock and having a fair value at the date of grant of $99.8 million. The RSUs granted in the current year primarily vest over four years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant. Included in the RSUs granted in the current fiscal year were units related to the DataFleets acquisition. Following the closing of the DataFleets acquisition, the Company granted new awards of RSUs covering 193,595 shares of common stock, and having a grant date fair value of $13.5 million, to select employees and contractors to induce them to accept employment with the Company.

During fiscal 2020, the Company granted time-vesting RSUs covering 1,697,506 shares of common stock and having a fair value at the date of grant of $85.6 million. The RSUs granted in fiscal 2020 primarily vest over four years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant. Included in the RSUs granted in fiscal 2020 were units related to the DPM acquisition. Following the closing of the DPM acquisition, the Company granted new awards of RSUs covering 155,346 shares of common stock, and having a grant date fair value of $7.3 million, to select employees to induce them to accept employment with the Company.

RSU activity for the twelve months ended March 31, 2022 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2021	2,692,243	$	45.96	2.76
Granted	3,191,809	$	47.22
Vested	(642,656)	$	44.15

Forfeited or canceled	(1,064,714)	$	46.75
Outstanding at March 31, 2022	4,176,682	$	47.00	2.85

The total fair value of RSUs vested during the twelve months ended March 31, 2022, 2021, and 2020 was $30.3 million, $126.9 million, and $59.8 million, respectively, and is measured as the quoted market price of the Company's common stock on the vesting date for the number of shares vested.

Performance-based restricted stock units ("PSUs") -

Fiscal 2022 plans:

During the twelve months ended March 31, 2022, the Company granted PSUs covering 249,152 shares of common stock having a fair value at the date of grant of $12.6 million. The grants were made under three separate performance plans.

Under a special incentive performance plan, units covering 36,425 shares of common stock were granted having a fair value at the date of grant of $1.7 million, which was equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee of the board of directors ("compensation committee") and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 100% of the award, based on the attainment of key productivity metrics for the period from January 1, 2023 to December 31, 2023. Performance will be measured and vesting evaluated on a quarterly basis beginning with the period ending March 31, 2023 and continuing through the end of the performance period.

Under the total shareholder return ("TSR") performance plan, units covering 63,815 shares of common stock were granted having a fair value at the date of grant of $3.8 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the TSR of LiveRamp common stock compared to the TSR of the Russell 2000 market index for the period from April 1, 2021 to March 31, 2024.

Under the operating metrics performance plan, units covering 148,912 shares of common stock were granted having a fair value at the date of grant of $7.1 million, which was equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the attainment of trailing twelve-month revenue growth and EBITDA margin targets for the period from April 1, 2021 to March 31, 2024. Performance will be measured and vesting evaluated on a quarterly basis beginning with the period ending June 30, 2022 and continuing through the end of the performance period. To the extent that shares are earned in a given quarter, 50% vest immediately and 50% vest on the one-year anniversary of attainment approval, except that all earned but unvested shares will vest fully at the end of the measurement period.

Fiscal 2021 plans:

During the fiscal 2021, the Company granted PSUs covering 246,524 shares of common stock having a fair value at the date of grant of $10.7 million. The grants were made under two separate performance plans.

Under the first performance plan, units covering 73,950 shares of common stock were granted having a fair value at the date of grant of $4.2 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the total shareholder return of LiveRamp common stock compared to total shareholder return of the Russell 2000 market index for the period from April 1, 2020 to March 31, 2023. At March 31, 2022, there remains a maximum potential of 119,268 shares, net of forfeitures, eligible to grant under this plan.

Under the second performance plan, units covering 172,574 shares of common stock were granted having a fair value at the date of grant of $6.5 million, which was equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the attainment of trailing twelve-month revenue growth and EBITDA margin targets for the period from April 1, 2020 to March 31, 2023. Performance will be measured and vesting evaluated on a quarterly basis beginning with the period ending 6/30/2021 and continuing through the end of the performance period.

Through March 31, 2022, performance measurements have resulted in an accumulated 50% achievement, or 71,666 total earned units under this plan. Of the earned amount, 50% vested immediately, while the remaining 50% will vest on the one-year anniversary of attainment approval. As of March 31, 2022, there remains a maximum potential of 208,750 additional shares eligible for grant under the plan. Quarterly measurements of attainment will continue through March 31, 2023.

Fiscal 2020 plans:

During fiscal 2020, the Company granted PSUs covering 202,818 shares of common stock having a fair value at the date of grant of $12.3 million. The grants were made under two separate performance plans.

Under the first performance plan, units covering 60,844 shares of common stock were granted having a fair value at the date of grant of $4.4 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the compensation committee of the board of directors (“compensation committee”) and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the total shareholder return of LiveRamp common stock compared to total shareholder return of the Russell 2000 market index for the period from April 1, 2019 to March 31, 2022.

The Company's fiscal 2020 TSR PSU plan reached maturity of the relevant performance period at March 31, 2022. The final performance measurement resulted in 0% attainment. The units available to award under this plan, are expected to be cancelled in the first quarter of fiscal 2023 upon compensation committee approval.

Under the second performance plan, units covering 141,974 shares of common stock were granted having a fair value at the date of grant of $7.9 million equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee of the board of directors.

•82,494 units may vest in a number of shares from 0% to 200% of the award, based on attainment of the Company's three-year revenue compound annual growth rate target for the period from April 1, 2019 to March 31, 2022. The plan reached maturity of the relevant performance period at March 31, 2022. The final performance measurement resulted in 0% attainment. The units are expected to be cancelled in the first quarter of fiscal 2023 upon compensation committee approval.

•59,480 units vest based on attainment of the year-over-year revenue growth targets for the annual period from April 1, 2019 to March 31, 2020. During the first quarter of fiscal 2021, the compensation committee approved the final performance attainment of 164% resulting in an additional award of 38,063 units (for a total earned amount of 97,543 units). Of the earned amount, one-third vested immediately, while the remaining two-thirds will vest in equal increments in first quarters of fiscal years 2022 and 2023.

PSU activity for the twelve months ended March 31, 2022 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2021	631,869	$	49.74	1.54
Granted	249,152	$	50.54

Vested	(136,445)	$	45.54

Forfeited or canceled	(160,108)	$	48.98
Outstanding at March 31, 2022	584,468	$	51.26	1.01

The total fair value of PSUs vested in the twelve months ended March 31, 2022 and 2021 was $6.7 million and $8.4 million, respectively, and is measured as the quoted market price of the Company’s common stock on the vesting date for the number of shares vested. There were no PSU vests in in the twelve months ended 2020.

Acquisition-related Performance Plan

As part of the Company's fiscal 2021 acquisition of Acuity, the Company will be obligated to pay up to an additional $5.1 million, settled in a variable number of shares of Company stock, and subject to certain performance conditions and continued employment of each participant. Performance will be measured and vesting evaluated in three annual increments on the anniversary of the closing date (which date may be changed by the board of directors to an earlier date). Through March 31, 2022, the Company has recognized a total of $4.1 million as stock-based compensation expense related to the Acuity performance earnout plan. At March 31, 2022, the recognized, but unpaid, balance in other accrued expense in the consolidated balance sheet was $2.4 million. The next annual settlement of $1.7 million is expected to occur in the second quarter of fiscal 2023.

Acquisition-related Consideration Holdback

As part of the Company's fiscal 2021 acquisition of DataFleets, $18.1 million of the acquisition consideration otherwise payable with respect to shares of DataFleets common stock held by certain key employees was subject to holdback by the Company pursuant to agreements with those employees (each, a "Holdback Agreement"). Each Holdback Agreement specifies that the consideration holdback will vest in three equal annual increments on the anniversary of the closing date (which date may be changed by the board of directors to an earlier date). Vesting is subject to the DataFleets key employees' continued employment through each annual vesting date and will be settled in shares of Company common stock. Through March 31, 2022, the Company has recognized a total of $6.8 million as stock-based compensation expense related to the DataFleets consideration holdback. At March 31, 2022, the recognized, but unpaid, balance related to the DataFleets consideration holdback in other accrued expenses in the consolidated balance sheet was $0.8 million. The next annual settlement of $6.0 million is expected to occur in the fourth quarter of fiscal 2023.

As part of the Company's fiscal 2020 acquisition of Data Plus Math ("DPM"), $24.4 million of the acquisition consideration otherwise payable with respect to shares of DPM common stock held by certain key employees was subject to holdback by the Company pursuant to agreements with those employees (each, a "Holdback Agreement"). Each Holdback Agreement specifies that the consideration holdback will vest in three equal annual increments on the anniversary of the closing date (which date may be changed by the board of directors to an earlier date). Vesting is subject to the DPM key employees' continued employment through each annual vesting date and will be settled in shares of Company common stock. Through March 31, 2022, the Company has recognized a total of $22.3 million as stock-based compensation expense related to the DPM consideration holdback. At March 31, 2022, the recognized, but unpaid, balance related to the DPM consideration holdback in the consolidated balance sheet was $6.1 million. The next, and final, annual settlement of $8.1 million is expected to occur at the end of the first quarter of fiscal 2023.

PDP Assumed Performance Plan

In connection with the fiscal 2018 acquisition of PDP, the Company assumed the outstanding performance compensation plan under the PDP 2018 Equity Compensation Plan ("PDP PSU plan"). During fiscal 2020, the Company converted the outstanding PDP PSU plan to a time-vesting restricted stock plan ("PDP RSU plan").

Through March 31, 2022, the Company has recognized a total of $65.5 million as stock-based compensation expense related to the PDP RSU plan. The final annual settlement occurred in the fourth quarter of fiscal 2022.

Qualified Employee Stock Purchase Plan ("ESPP")

During the twelve months ended March 31, 2022, 103,447 shares of common stock were purchased under the ESPP at a weighted-average price of $41.44 per share, resulting in cash proceeds of $4.3 million over the relevant offering periods.

Stock-based compensation expense associated with the ESPP was $1.8 million for the twelve months ended March 31, 2022. At March 31, 2022, there was approximately $0.4 million of total unrecognized stock-based compensation expense related to the ESPP, which is expected to be recognized on a straight-line basis over the remaining term of the current offering period.

Accumulated Other Comprehensive Income

Accumulated other comprehensive income accumulated balances of $5,730 and $7,522 at March 31, 2022 and March 31, 2021, respectively, reflect accumulated foreign currency translation adjustments.

INCOME TAX:

12 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

INCOME TAX:

Total income tax expense (benefit) was allocated as follows (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Continuing operations	$	(1,242)	$	(30,532)	$	(40,276)
Discontinued operations	—		—		207


	$	(1,242)	$	(30,532)	$	(40,069)

Income tax expense (benefit) attributable to loss from continuing operations consists of (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Current:
U.S. Federal	$	(1,227)	$	(28,060)	$	(33,715)
Non-U.S.	305		17		146
State	1,220		(1,071)		171
	298		(29,114)		(33,398)
Deferred:
U.S. Federal	(895)		(1,205)		(5,103)
Non-U.S.	(608)		(44)		(1,006)
State	(37)		(169)		(769)
	(1,540)		(1,418)		(6,878)
Total	$	(1,242)	$	(30,532)	$	(40,276)

Income (loss) before income tax attributable to U.S. and non-U.S. continuing operations consists of (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
U.S.	$	(37,415)	$	(122,257)	$	(160,457)
Non-U.S.	2,340		1,457		(5,080)
Total	$	(35,075)	$	(120,800)	$	(165,537)

Income (loss) before income taxes, as shown above, is based on the location of the entity to which such income (losses) are attributable. However, since such income (losses) may be subject to taxation in more than one country, the income tax expense (benefit) shown above as U.S. or non-U.S. may not correspond to the income (loss) shown above.

Below is a reconciliation of expected income tax benefit computed by applying the U.S. federal statutory rate of 21.0% to loss before income taxes to actual income tax benefit from continuing operations (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Computed expected income tax benefit	$	(7,366)	$	(25,368)	$	(34,763)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	691		(979)		(473)
Research and other tax credits	(3,107)		(4,635)		(1,517)

Nondeductible expenses	673		1,104		838

Stock-based compensation	5,576		(2,024)		5,025
Non-U.S. subsidiaries taxed at other rates	(364)		194		230
Adjustment to valuation allowances	2,520		2,230		(2,245)
Net operating loss carryback taxed at other rates	—		—		(7,360)

Other, net	135		(1,054)		(11)
	$	(1,242)	$	(30,532)	$	(40,276)

On March 27, 2020, the U.S. enacted The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The CARES Act included several significant changes and clarifications to existing tax law, including changes to the treatment of net operating losses (“NOLs”). Under the CARES Act, NOLs arising in tax years beginning after December 31, 2017, and before January 1, 2021 may be carried back to each of the five tax years preceding the tax year of the loss. As such, the Company carried back its fiscal 2021 NOL, resulting in an expected refund of approximately $28 million. The Company was also able to carry back its fiscal 2020 NOL, resulting in a refund of approximately $32 million, which was received in fiscal 2022.

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities at March 31, 2022 and 2021 are presented below (dollars in thousands).


	2022		2021
Deferred tax assets:
Accrued expenses	$	5,682	$	3,501

Lease liabilities	14,090		3,324
Net operating loss carryforwards	25,737		35,945
Stock-based compensation	8,022		2,991
Nonqualified deferred compensation	3,119		2,802
Property and equipment	496		—
Tax credit carryforwards	7,588		10,241
Other	1,351		444
Total deferred tax assets	66,085		59,248
Less valuation allowance	(37,399)		(35,332)
Net deferred tax assets	28,686		23,916
Deferred tax liabilities:
Prepaid expenses	(2,296)		(6,734)

Property and equipment	—		(248)
Right-of-use assets	(13,691)		(3,016)
Intangible assets	(4,218)		(8,409)
Deferred commissions	(7,562)		(5,391)

Total deferred tax liabilities	(27,767)		(23,798)
Net deferred tax assets	$	919	$	118

At March 31, 2022, the Company has net operating loss carryforwards of approximately $0.9 million and $125.5 million for U.S. federal and state income tax purposes, respectively. Of the net operating loss carryforwards, $16.8 million will not expire for state purposes. The remaining carryforwards will expire in various amounts and will completely expire if not used by 2042. The Company has foreign net operating loss carryforwards of approximately $99.6 million. Of this amount, $90.4 million will not expire. The remainder expires in various amounts and will completely expire if not used by 2031. The Company has federal and state credit carryforwards of $3.0 million and $7.0 million, respectively. Of the state credit carryforwards, $6.3 million will not expire. The remaining credit carryforwards will expire in various amounts and will completely expire if not used by 2037.

In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. Realization of the Company’s net deferred tax assets is dependent upon its generation of sufficient taxable income of the proper character in future years in appropriate tax jurisdictions to obtain benefit from the reversal of temporary differences and the use of net operating loss and credit carryforwards.

Based upon the weight of available evidence, including the Company’s history of losses from continuing operations, management believes that it is not more likely than not the Company will realize the benefits of the deductible temporary differences and net operating loss and credit carryforwards. Accordingly, the Company has established valuation allowances against its deferred tax assets.

Based upon the Company's history of losses in certain non-U.S. jurisdictions, the Company has not recorded a benefit for current foreign losses in these jurisdictions. In addition, management believes it is not more likely than not the Company will realize the benefits of certain foreign net operating loss carryforwards and has established valuation allowances in the amount of $22.7 million against deferred tax assets in such jurisdictions. No valuation allowance has been established against deferred tax assets in non-U.S. jurisdictions in which historical profits and forecasted continuing profits exist.

The following table sets forth changes in the total gross unrecognized tax benefits for the fiscal years ended March 31, 2022, 2021 and 2020 (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Balance at beginning of period	$	25,026	$	23,400	$	19,600
Increases related to prior year tax positions	411		—		2,458
Decreases related to prior year tax positions	—		(139)		(1,048)
Increases related to current year tax positions	990		1,765		2,433

Lapse of statute of limitations	(2,610)		—		(43)
Balance at end of period	$	23,817	$	25,026	$	23,400

Gross unrecognized tax benefits as of March 31, 2022 was $23.8 million, of which $20.1 million would reduce the Company’s effective tax rate in future periods if and when realized. The Company reports accrued interest and penalties related to unrecognized tax benefits in income tax expense. The combined amount of accrued interest and penalties related to tax positions on tax returns was approximately $4.3 million as of March 31, 2022. Accrued interest and penalties increased by $0.8 million during fiscal 2022. The Company does not anticipate a material reduction of unrecognized tax benefits within the next 12 months.

The Company files a consolidated U.S. federal income tax return and tax returns in various state and local jurisdictions. The Company’s subsidiaries also file tax returns in various foreign jurisdictions in which they operate. In the U.S., the statute of limitations for Internal Revenue Service examinations remains open for the Company’s federal income tax returns for fiscal years after 2013. The Company’s federal income tax return for fiscal year 2019 is currently under Internal Revenue Service examination. The status of other U.S. federal, state and foreign tax examinations varies by jurisdiction. The Company does not anticipate any material adjustments to its consolidated financial statements resulting from tax examinations currently in progress.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

RETIREMENT PLANS:	12 Months Ended
RETIREMENT PLANS:	Mar. 31, 2022
Retirement Benefits [Abstract]
RETIREMENT PLANS:	RETIREMENT PLANS: The Company has a qualified 401(k) retirement savings plan that covers substantially all U.S. employees. The Company also offers a supplemental non-qualified deferred compensation plan (“SNQDC Plan”) for certain highly-compensated employees. The Company matches 100% of the first 6% of each participating employee's annual aggregate contributions. The Company may also contribute additional amounts to the plans at the discretion of the board of directors. Company contributions for the above plans amounted to approximately $10.1 million, $9.4 million, and $7.9 million in fiscal years 2022, 2021, and 2020, respectively. Included in both other current assets and other accrued liabilities are the assets and liabilities of the SNQDC Plan in the amount of $15.5 million and $15.8 million at March 31, 2022 and 2021, respectively.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

FOREIGN OPERATIONS:

12 Months Ended

Mar. 31, 2022

Segments, Geographical Areas [Abstract]

FOREIGN OPERATIONS:

The Company attributes revenue to each geographic region based on the location of the Company’s operations. The following table shows financial information by geographic area (dollars in thousands):


	Year ended March 31,
Revenue	2022		2021		2020
United States	$	495,765	$	415,976	$	354,437
Foreign
Europe	26,373		22,515		20,789
APAC	6,519		4,535		5,346
All Foreign	32,892		27,050		26,135
	$	528,657	$	443,026	$	380,572

Long-lived assets excluding financial instruments (dollars in thousands):


	March 31,
	2022		2021
United States	$	509,014	$	456,662
Foreign
Europe	4,174		1,084
APAC	4,714		4,860
All Foreign	8,888		5,944
	$	517,902	$	462,606

FAIR VALUE OF FINANCIAL INSTRUMENTS:

12 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS:

The Company measures certain financial assets at fair value. Fair value is determined based upon the exit price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants, as determined by either the principal market or the most advantageous market. Inputs used in the valuation techniques to derive fair values are classified based on a three-level hierarchy, as follows:

•Level 1 - Quoted prices in active markets for identical assets or liabilities.

•Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities.

•Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities.

For certain financial instruments, including accounts receivable, certificates of deposit, and accounts payable, the carrying amounts approximate their fair value due to the relatively short maturity of these balances.

The following table details the fair value measurements within the fair value hierarchy of the Company's financial assets and liabilities at March 31, 2022 and March 31, 2021 (dollars in thousands):


	March 31, 2022
	Level 1		Level 2		Level 3		Total
Other current assets:

Assets of non-qualified retirement plan	$	15,528	$	—	$	—	$	15,528
Total	$	15,528	$	—	$	—	$	15,528


	March 31, 2021
	Level 1		Level 2		Level 3		Total
Other current assets:

Assets of non-qualified retirement plan	$	15,838	$	—	$	—	$	15,838
Total	$	15,838	$	—	$	—	$	15,838

Strategic investments consist of non-controlling equity investments in privately held companies. The Company elected the measurement alternative for these investments without readily determinable fair values and for which the Company does not have the ability to exercise significant influence. These investments are accounted for under the cost method of accounting. Under the cost method of accounting, the non-marketable equity securities are carried at cost less any impairment, plus or minus adjustments resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer, which is recorded within the statement of operations. The Company held $5.7 million of strategic investments without readily determinable fair values at March 31, 2022 and March 31, 2021, respectively (see Note 7). These investments are included in other assets on the consolidated balance sheets. There were no impairment charges for the twelve months ended March 31, 2022 and 2021, respectively.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies)

12 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation and Principles of Consolidation

Basis of Presentation and Principles of Consolidation -

Use of Estimates

Use of Estimates -In preparing consolidated financial statements and related disclosures in conformity with GAAP and pursuant to the rules and regulations of the SEC, we must make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Estimates are used in determining, among other items, revenue recognition criteria, allowance for doubtful accounts, the fair value of acquired assets and assumed liabilities, restructuring and impairment accruals, litigation and facilities lease loss accruals, stock-based compensation, and the recognition and measurement of current and deferred income taxes, including the measurement of uncertain tax positions.

Operating Segments

Operating Segments -

Discontinued Operations

Discontinued Operations -Discontinued operations comprise those activities that have been disposed of during the period or that have been classified as held for sale at the end of the period and represent a separate major line of business or geographical area that can be clearly distinguished for operational and financial reporting purposes. In fiscal 2019, the Company sold its Acxiom Marketing Solutions business (“AMS”) and began reporting the results of operations, cash flows and the balance sheet amounts pertaining to AMS as a component of discontinued operations in the consolidated financial statements. The amount recorded in fiscal 2020 relates to the final working capital true-up and receipt of final proceeds.

Cash and Cash Equivalents

Cash and Cash Equivalents -The Company considers all highly-liquid investments purchased with original maturities of three months or less to be cash equivalents. Cash and cash equivalents consist of cash held in bank deposit accounts and short-term, highly-liquid money-market fund investments with remaining maturities of three months or less at the date of purchase.

Revenue Recognition

Revenue Recognition -

We determine revenue recognition through the following steps:

•Identification of the contract, or contracts, with a customer;

•Identification of the performance obligations in the contract;

•Determination of the transaction price;

•Allocation of the transaction price to the performance obligations in the contract; and

•Recognition of revenue when, or as, the performance obligations are satisfied.

Identification of the contract

Identification of the performance obligations

Determination of the transaction price

Allocation of the transaction price to the performance obligations in the contract

Recognition of revenue when, or as, the performance obligations are satisfied

Accounts Receivable

Deferred Revenue

Deferred Commissions, net

Deferred Commissions, net - The Company capitalizes incremental costs to acquire contracts and amortizes them on a straight-line basis over the expected period of benefit, which we have determined to be four years. Net capitalized costs of $8.0 million and $6.6 million were recognized as a reduction of operating expense for the years ended March 31, 2022 and 2021, respectively. We did not recognize any impairment charges in fiscal 2022, 2021, or 2020.

Property and Equipment

Property and Equipment -Property and equipment are stated at cost. Depreciation and amortization are calculated on the straight-line method over the estimated useful lives of the assets as follows: leasehold improvements, 5 - 7 years; data processing equipment, 2 - 5 years, and office furniture and other equipment, 3 - 7 years.

Operating Leases

Operating Leases -

Business Combinations

Business Combinations –

Goodwill

Goodwill -

Intangible Assets

Intangible Assets -


						Weighted Average Useful Life (years)
Developed technology						4.1
Customer relationships						5.3
Publisher and Data Supply relationships						5.2

Impairment of Long-lived Assets

Impairment of Long-lived Assets -

We did not recognize any impairment charges related to long-lived assets in fiscal 2022, 2021 or 2020.

Fair Value of Financial Instruments

Fair Value of Financial Instruments -

Concentration of Credit Risk and Significant Customers

Concentration of Credit Risk and Significant Customers -

Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash and cash equivalents and trade accounts receivable.

The Company has no significant off-balance sheet risk such as foreign exchange contracts, options contracts, or other hedging arrangements.

The Company’s trade accounts receivables are from a large number of customers. Accordingly, the Company’s credit risk is affected by general economic conditions.

Income Taxes

Income Taxes -

Foreign Currency

Foreign Currency -

Advertising Expense

Advertising Expense -

Legal Contingencies

Legal Contingencies -

Stock-Based Compensation

Stock-Based Compensation -

Restructuring

Restructuring –The Company records costs associated with employee terminations and other exit activity in accordance with ASC 420, Exit or Disposal Cost Obligations, depending on whether the costs relate to exit or disposal activities under the accounting standards, or whether they are other post-employment termination benefits. Under applicable accounting standards for exit or disposal costs, the Company records employee termination benefits as an operating expense when the benefit arrangement is communicated to the employee and no significant future services are required. Under the accounting standards related to post employment termination benefits, the Company records employee termination benefits when the termination benefits are probable and can be estimated. The Company recognizes the present value of facility lease termination obligations, net of estimated sublease income and other exit costs, when the Company has future payments with no future economic benefit or a commitment to pay the termination costs of a prior commitment. In future periods the Company will record accretion expense to increase the liability to an amount equal to the estimated future cash payments necessary to exit the leases. This requires judgment and management estimation to determine the expected time frame for securing a subtenant, the amount of sublease income to be received and the appropriate discount rate to calculate the present value of the future cash flows. Should actual lease exit costs differ from estimates, the Company may be required to adjust the restructuring charge within gains, losses and other items, net in the consolidated statement of operations in the period any adjustment is recorded.

Accounting Pronouncements Adopted During the Current Year and Recent Accounting Pronouncements Not Yet Adopted


Accounting Pronouncements Adopted During the Current Year -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12")	ASU 2019-12 simplified the accounting for income taxes, eliminated certain exceptions to the general principles in Topic 740 and clarifies and amended existing guidance to improve consistent application.	April 1, 2021	The effect of prospectively adopting ASU 2019-12 on our consolidated financial statements and related disclosures was not material.


Recent accounting pronouncements not yet adopted -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
There are no material accounting pronouncements applicable to the Company not yet adopted

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)

12 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reconciliation of Numerator And Denominator of Basic and Diluted Loss Per Share

A reconciliation of the numerator and denominator of basic and diluted loss per share is shown below (in thousands, except per share amounts):



	Year ended March 31,
		2022		2021		2020
Basic earnings (loss) per share:
Net loss from continuing operations		$	(33,833)	$	(90,268)	$	(125,261)
Earnings from discontinued operations, net of tax		—		—		750
Net loss		$	(33,833)	$	(90,268)	$	(124,511)

Basic weighted-average shares outstanding		68,211		66,304		67,760

Continuing operations		$	(0.50)	$	(1.36)	$	(1.85)
Discontinued operations		—		—		0.01
Basic loss per share		$	(0.50)	$	(1.36)	$	(1.84)

Diluted earnings (loss) per share:
Basic weighted-average shares outstanding		68,211		66,304		67,760
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1)		—		—		—
Diluted weighted-average shares outstanding		68,211		66,304		67,760

Continuing operations		$	(0.50)	$	(1.36)	$	(1.85)
Discontinued operations		—		—		0.01
Diluted loss per share		$	(0.50)	$	(1.36)	$	(1.84)

Schedule of Anti-dilutive Options, Warrants and Restricted Stock Units Excluded from Computation of Loss Per Share



	Year ended March 31,
	2022	2021	2020
Number of shares underlying restricted stock units	686	90	1,368

Schedule of Activity of the Allowance For Credit Losses, Returns And Credits

A summary of the activity of the allowance for credit losses, returns and credits was (dollars in thousands):


For the twelve months ended:	Balance at beginning of period		Additions charged to costs and expenses	Other changes	Bad debts written off, net of amounts recovered	Balance at end of period
March 31, 2020	$	3,007	7,133	86	(2,651)	$	7,575
March 31, 2021	$	7,575	2,915	108	(2,981)	$	7,617
March 31, 2022	$	7,617	4,217	(3)	(1,870)	$	9,961

Schedule of Weighted Average Useful Lives of Intangible Assets

The weighted average useful lives of our intangible assets were as follows:


						Weighted Average Useful Life (years)
Developed technology						4.1
Customer relationships						5.3
Publisher and Data Supply relationships						5.2

Schedule of Accounting Pronouncements Adopted During the Current Year and Recent Accounting Pronouncements not yet Adopted


Accounting Pronouncements Adopted During the Current Year -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12")	ASU 2019-12 simplified the accounting for income taxes, eliminated certain exceptions to the general principles in Topic 740 and clarifies and amended existing guidance to improve consistent application.	April 1, 2021	The effect of prospectively adopting ASU 2019-12 on our consolidated financial statements and related disclosures was not material.


Recent accounting pronouncements not yet adopted -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
There are no material accounting pronouncements applicable to the Company not yet adopted

REVENUE FROM CONTRACTS WITH CUSTOMERS: (Tables)

12 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

In the following table, revenue is disaggregated by primary geographical market and major service offerings (dollars in thousands):


	For the twelve months ended March 31,
Primary Geographical Markets	2022		2021		2020
United States	$	495,765	$	415,976	$	354,437
Europe	26,373		22,515		20,789
Asia-Pacific ("APAC")	6,519		4,535		5,346
	$	528,657	$	443,026	$	380,572

Major Offerings/Services
Subscription	$	428,617	$	356,597	$	305,679
Marketplace and Other	100,040		86,429		74,893
	$	528,657	$	443,026	$	380,572

LEASES: (Tables)

12 Months Ended

Mar. 31, 2022

Leases [Abstract]

Schedule of Right-of-use Asset and Lease Liability Balances

Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands):



	March 31, 2022			March 31, 2021
Right-of-use assets included in other assets, net	$	59,459		$	11,731
Short-term lease liabilities included in other accrued expenses	$	8,984		$	9,608
Long-term lease liabilities included in other liabilities	$	52,241		$	4,158

Supplemental balance sheet information:
Weighted average remaining lease term	6.4 years			1.8 years
Weighted average discount rate	3.6		%	5.0		%

Schedule of Future Minimum Payments under all Operating Leases

Future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of March 31, 2022 are as follows (dollars in thousands):


	Amount
Fiscal 2023	$	9,308
Fiscal 2024	11,079
Fiscal 2025	9,700
Fiscal 2026	10,260
Fiscal 2027	9,231
Thereafter	19,610
Total undiscounted lease commitments	69,188
Less: Interest and short-term leases	7,963
Total discounted operating lease liabilities	$	61,225

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: (Tables)

12 Months Ended

Mar. 31, 2022

Restructuring and Related Activities [Abstract]

Summary of Restructuring Activity

The reserve balances are included in other accrued expenses and other liabilities in the consolidated balance sheets (dollars in thousands).


	Employee-related reserves		Lease accruals		Total
Balances at March 31, 2019	4,595		5,688		10,283
Restructuring charges and adjustments	2,291		1,139		3,430
Payments	(6,436)		(584)		(7,020)
Balances at March 31, 2020	$	450	$	6,243	$	6,693
Restructuring charges and adjustments	1,663		62		1,725
Payments	(1,288)		(2,387)		(3,675)
Balances at March 31, 2021	$	825	$	3,918	$	4,743
Restructuring charges and adjustments	—		(19)		(19)
Payments	(778)		(872)		(1,650)
Balances at March 31, 2022	$	47	$	3,027	$	3,074

Schedule of Gains, Losses and other Items

The following table summarizes the activity included in gains, losses and other items, net in the consolidated statements of operations for each of the years presented (dollars in thousands):


	Twelve Months Ended March 31,
		2022		2021		2020
Restructuring plan charges and adjustments		$	(19)	$	1,725	$	3,430
Early contract terminations		1,042		—		908
Other		456		990		663
		$	1,479	$	2,715	$	5,001

ACQUISITIONS: (Tables)

12 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	April 21, 2021
Assets acquired:
Cash	$	131
Goodwill	7,012
Intangible assets	3,500
Total assets acquired	10,643
Deferred income taxes	(710)
Accounts payable and accrued expenses	(65)
Net assets acquired	9,868
Less:
Cash acquired	(131)
Net purchase price allocated	9,737
Less:
Cash held back	(1,200)
Net cash paid in acquisition	8,537

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	February 17, 2021
Assets acquired:
Cash	$	2,099
Goodwill	56,436
Intangible assets	11,400
Other current and noncurrent assets	1,119
Total assets acquired	71,054
Deferred income taxes	(1,716)
Accounts payable and accrued expenses	(75)
Net assets acquired	69,263
Less:
Cash acquired	(2,099)
Net purchase price allocated	67,164
Less:
Restricted cash held in escrow	(8,900)
Net cash paid in acquisition	$	58,264

The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	July 16, 2020
Assets acquired:
Cash	$	184
Trade accounts receivable	156
Goodwill	2,011
Intangible assets	1,100
Other current and noncurrent assets	43
Total assets acquired	3,494
Deferred income taxes	(288)
Accounts payable and accrued expenses	(89)
Net assets acquired	3,117
Less:
Cash acquired	(184)
Net cash paid	$	2,933

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands):


	July 2, 2019
Assets acquired:
Cash	$	438
Trade accounts receivable	957
Goodwill	90,619
Intangible assets	34,000
Other current and noncurrent assets	1,186
Total assets acquired	127,200
Deferred income taxes	(6,034)
Accounts payable and accrued expenses	(2,727)
Net assets acquired	118,439
Less:
Cash acquired	(438)
Net purchase price allocated	118,001
Less:
Restricted cash held in escrow	(14,815)
Fair value of replacement stock options considered a component of purchase price	(2,300)
Net cash paid in acquisition	$	100,886

The results of operations for the acquisition are included in the Company's consolidated results beginning April 2, 2019.

The following table presents the purchase price allocation related to assets acquired and liabilities assumed (dollars in thousands):


	April 2, 2019
Assets acquired:
Cash	$	35
Trade accounts receivable	63
Goodwill	3,110
Intangible assets	1,700
Other current and noncurrent assets	126
Total assets acquired	5,034
Deferred income taxes	(194)
Accounts payable and accrued expenses	(326)
Net assets acquired	4,514
Less:
Cash acquired	(35)
Net cash paid	$	4,479

Schedule of Business Acquisitions, by Acquisition

The acquisition date fair value of the consideration for DataFleets was approximately $67.2 million, which consisted of the following (dollars in thousands):


Cash, net of $2.1 million cash acquired	58,264
Restricted cash held in escrow	8,900
Total fair value of consideration transferred	$	67,164

The acquisition date fair value of the consideration for DPM was approximately $118.0 million, which consisted of the following (dollars in thousands):



Cash, net of $0.4 million cash acquired	$	100,886
Restricted cash held in escrow	14,815
Fair value of replacement stock options considered a component of purchase price	2,300
Total fair value of consideration transferred	$	118,001

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):


			Useful life
	Fair value		(in years)
Developed technology	$	11,000	4
Customer relationships/trade names	400		2
Total intangible assets	$	11,400

The following table presents the components of intangible assets acquired and their estimated useful lives as of the acquisition date (dollars in thousands):


			Useful life
	Fair value		(In years)
Developed technology	$	11,000	4
Data supply relationships	16,000		4
Customer relationships	6,000		4
Trademarks	1,000		2
Total intangible assets	$	34,000

DISCONTINUED OPERATIONS: (Tables)

12 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following is a reconciliation of the major classes of line items constituting earnings from discontinued operations, net of tax (dollars in thousands):


	Year ended March 31, 2020



Operating expenses:



Gains, losses and other items, net	$	(957)
Total operating expenses	(957)



Earnings from discontinued operations before income taxes	957
Income taxes	207
Earnings from discontinued operations, net of tax	$	750

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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+ Details

OTHER CURRENT AND NONCURRENT ASSETS: (Tables)

12 Months Ended

Mar. 31, 2022

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Components of Other Current Assets

Other current assets consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Prepaid expenses and other	$	13,947	$	31,659
Share receivable for cash settlement of withheld income tax withholdings on equity award	—		9,055
Certificates of deposit	7,500		7,500
Assets of non-qualified retirement plan	15,528		15,838
Other current assets	$	36,975	$	64,052

Schedule of Components of Other Noncurrent Assets

Other noncurrent assets consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Long-term prepaid revenue share	$	13,468	$	8,127
Right-of-use assets (see Note 4)	59,459		11,731
Deferred tax asset	1,224		663
Deposits	4,486		2,745
Strategic investments	5,700		5,700
Other miscellaneous noncurrent assets	877		1,888
Other assets, net	$	85,214	$	30,854

PROPERTY AND EQUIPMENT: (Tables)

12 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property and equipment is summarized as follows (dollars in thousands):


	March 31, 2022		March 31, 2021

Leasehold improvements	$	28,224	$	26,024
Data processing equipment	7,001		9,053
Office furniture and other equipment	9,776		9,207
	45,001		44,284
Less accumulated depreciation and amortization	33,470		32,327
Property and equipment, net of accumulated depreciation and amortization	$	11,531	$	11,957

GOODWILL: (Tables)

12 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Operating Segment and Activity and by Component included in each Segment

Changes in goodwill for the twelve months ended March 31, 2022 and 2021 were as follows (dollars in thousands):


	Total
Balance at March 31, 2020	$	297,796
Acquisition of Acuity Data	2,011
Acquisition of DataFleets	56,436
Change in foreign currency translation adjustment	1,203
Balance at March 31, 2021	$	357,446
Acquisition of Diablo	7,012
Change in foreign currency translation adjustment	(613)
Balance at March 31, 2022	$	363,845

Goodwill by geography as of March 31, 2022 was:


	Total
U.S.	$	360,466
APAC	3,379
Balance at March 31, 2022	$	363,845

INTANGIBLE ASSETS: (Tables)

12 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Amortization Activity of Intangible Assets

The following table shows the amortization activity of intangible assets (dollars in thousands):


	March 31, 2022		March 31, 2021
Developed technology, gross	$	84,146	$	78,547
Accumulated amortization	(67,980)		(60,424)
Net developed technology	$	16,166	$	18,123

Customer relationship/Trade name, gross	$	43,490	$	43,506
Accumulated amortization	(40,582)		(37,510)
Net customer/trade name	$	2,908	$	5,996

Publisher/Data supply relationships, gross	$	39,800	$	39,800
Accumulated amortization	(32,156)		(24,189)
Net publisher/data supply relationships	$	7,644	$	15,611

Total intangible assets, gross	$	167,436	$	161,853
Total accumulated amortization	(140,718)		(122,123)
Total intangible assets, net	$	26,718	$	39,730

Schedule of Estimated Future Amortization Expenses related to Purchases and Other Intangible Assets

The following table presents the estimated future amortization expenses related to intangible assets.


Fiscal Year:
2023	$	16,837
2024	6,860
2025	3,021

	$	26,718

OTHER ACCRUED EXPENSES: (Tables)

12 Months Ended

Mar. 31, 2022

Other Accrued Expenses [Abstract].

Schedule of Other Accrued Expenses

Other accrued expenses consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Liabilities of non-qualified retirement plan	$	15,528	$	15,838
Short-term lease liabilities (see Note 3)	8,984		9,608

DPM consideration holdback (see Note 14)	6,092		6,092
Acuity performance earnout liability (see Note 14)	2,420		2,208
DataFleets consideration holdback (see Note 5)	756		755
Diablo consideration holdback (see Note 5)	1,200		—
Rakam consideration holdback (see Note 5)	223		—
Other miscellaneous accrued expenses	10,864		23,852
Other accrued expenses	$	46,067	$	58,353

OTHER LIABILITIES: (Tables)

12 Months Ended

Mar. 31, 2022

Other Liabilities Disclosure [Abstract]

Other Liabilities

Other liabilities consist of the following (dollars in thousands):


	March 31, 2022		March 31, 2021
Uncertain tax positions	$	24,374	$	26,156
Long-term lease liabilities (see Note 3)	52,241		4,158
Restructuring accruals	3,619		4,510
Other	5,876		7,565

Other liabilities	$	86,110	$	42,389

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Mar. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Contractual Obligation, Fiscal Year Maturity


	For the years ending March 31,
	2023		2024		2025		2026		Total


Purchase commitments	$	58,495	$	48,201	$	46,514	$	33,150	$	186,360

STOCKHOLDERS' EQUITY: (Tables)

12 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Stock-based Compensation Activity, by Award Type

The Company's stock-based compensation activity for the twelve months ended March 31, 2022, 2021, and 2020, by award type, was (dollars in thousands):


	For the twelve months ended
	March 31,
	2022		2021		2020
Stock options	$	1,935	$	2,308	$	3,675

Restricted stock units	56,008		78,164		55,543
Diablo restricted stock awards	794		—		—
Arbor acquisition consideration holdback	—		—		2,553
DPM acquisition consideration holdback	8,122		8,030		6,185
Pacific Data Partners ("PDP") assumed performance plan	9,101		18,388		20,332
Acuity performance plan	1,912		2,208		—
DataFleets acquisition consideration holdback	6,043		755		—
Other stock-based compensation	3,342		1,854		1,159
Total non-cash stock-based compensation included in the consolidated statements of operations	87,257		111,707		89,447
Less expense related to liability-based equity awards	(16,077)		(27,311)		(24,228)

Total non-cash stock-based compensation included in the consolidated statements of equity	$	71,180	$	84,396	$	65,219

Schedule of Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item

The effect of stock-based compensation expense on income, by financial statement line item, was (dollars in thousands):


	For the twelve months ended
	March 31,
	2022		2021		2020
Cost of revenue	$	4,111	$	5,300	$	3,769
Research and development	32,112		38,960		23,260
Sales and marketing	28,586		40,401		38,026
General and administrative	22,448		27,046		24,392
Total non-cash stock-based compensation included in the consolidated statements of operations	$	87,257	$	111,707	$	89,447

Schedule of Share-based Compensation Arrangement by Share Based Payment Award, Future Expense

The following table provides the expected future expense for all of the Company's outstanding equity awards at March 31, 2022, by award type.


	For the years ending March 31,
	2023		2024		2025		2026		Total
Stock options	$	1,089	$	720	$	158	$	—	$	1,967
Restricted stock units	71,881		55,301		38,236		11,806		177,224
Diablo restricted stock awards	518		518		89		—		1,125
DPM acquisition consideration holdback	2,031		—		—		—		2,031
Acuity performance plan	815		165		—		—		980
DataFleets acquisition consideration holdback	6,043		5,287		—		—		11,330
Other stock-based compensation	353		—		—		—		353
Expected future expense	$	82,730	$	61,991	$	38,483	$	11,806	$	195,010

Schedule of Option Activity

Stock option activity for the twelve months ended March 31, 2022 was:


				Weighted average
		Weighted average		remaining	Aggregate
	Number of	exercise price		contractual term	Intrinsic value
	shares	per share		(In years)	(In thousands)
Outstanding at March 31, 2021	844,045	$	15.31

Exercised	(110,617)	$	9.35		$	4,338
Forfeited or canceled	(3,424)	$	2.39
Outstanding at March 31, 2022	730,004	$	16.28	2.2	$	15,411
Exercisable at March 31, 2022	699,260	$	16.96	1.9	$	14,289

Summary of Stock Options Outstanding and Exercisable

A summary of stock options outstanding and exercisable as of March 31, 2022 was:


					Options outstanding				Options exercisable
Range of						Weighted average	Weighted average			Weighted average
exercise price					Options	remaining	exercise price		Options	exercise price
per share					outstanding	contractual life	per share		exercisable	per share
$	—	—	$	9.99	81,495	5.6 years	$	0.99	50,751	$	1.06
$	10.00	—	$	19.99	346,807	1.7 years	$	15.50	346,807	$	15.50
$	20.00	—	$	24.99	301,702	1.8 years	$	21.31	301,702	$	21.31

					730,004	2.2 years	$	16.28	699,260	$	16.96

Schedule of Changes in Restricted Stock

Changes in the Company's restricted stock for the twelve months ended March 31, 2022 was:


		Weighted average
		fair value per		Weighted average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Unvested restricted stock awards at March 31, 2021	—	$	—
Diablo replacement restricted stock award	40,600	$	47.29
Vested	(15,834)	$	47.29

Unvested restricted stock awards at March 31, 2022	24,766	$	47.29	2.17

Schedule of Time-vesting Restricted Stock Unit Activity

RSU activity for the twelve months ended March 31, 2022 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2021	2,692,243	$	45.96	2.76
Granted	3,191,809	$	47.22
Vested	(642,656)	$	44.15

Forfeited or canceled	(1,064,714)	$	46.75
Outstanding at March 31, 2022	4,176,682	$	47.00	2.85

Schedule of Non-vested Performance-based Restricted Stock Units Activity

PSU activity for the twelve months ended March 31, 2022 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2021	631,869	$	49.74	1.54
Granted	249,152	$	50.54

Vested	(136,445)	$	45.54

Forfeited or canceled	(160,108)	$	48.98
Outstanding at March 31, 2022	584,468	$	51.26	1.01

INCOME TAX: (Tables)

12 Months Ended

Mar. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Total Income Tax Expense (Benefit)

Total income tax expense (benefit) was allocated as follows (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Continuing operations	$	(1,242)	$	(30,532)	$	(40,276)
Discontinued operations	—		—		207


	$	(1,242)	$	(30,532)	$	(40,069)

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) attributable to loss from continuing operations consists of (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Current:
U.S. Federal	$	(1,227)	$	(28,060)	$	(33,715)
Non-U.S.	305		17		146
State	1,220		(1,071)		171
	298		(29,114)		(33,398)
Deferred:
U.S. Federal	(895)		(1,205)		(5,103)
Non-U.S.	(608)		(44)		(1,006)
State	(37)		(169)		(769)
	(1,540)		(1,418)		(6,878)
Total	$	(1,242)	$	(30,532)	$	(40,276)

Schedule of Income before Income Tax, Domestic and Foreign

Income (loss) before income tax attributable to U.S. and non-U.S. continuing operations consists of (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
U.S.	$	(37,415)	$	(122,257)	$	(160,457)
Non-U.S.	2,340		1,457		(5,080)
Total	$	(35,075)	$	(120,800)	$	(165,537)

Schedule of Effective Income Tax Rate Reconciliation


	Year ended March 31,
	2022		2021		2020
Computed expected income tax benefit	$	(7,366)	$	(25,368)	$	(34,763)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	691		(979)		(473)
Research and other tax credits	(3,107)		(4,635)		(1,517)

Nondeductible expenses	673		1,104		838

Stock-based compensation	5,576		(2,024)		5,025
Non-U.S. subsidiaries taxed at other rates	(364)		194		230
Adjustment to valuation allowances	2,520		2,230		(2,245)
Net operating loss carryback taxed at other rates	—		—		(7,360)

Other, net	135		(1,054)		(11)
	$	(1,242)	$	(30,532)	$	(40,276)

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities at March 31, 2022 and 2021 are presented below (dollars in thousands).


	2022		2021
Deferred tax assets:
Accrued expenses	$	5,682	$	3,501

Lease liabilities	14,090		3,324
Net operating loss carryforwards	25,737		35,945
Stock-based compensation	8,022		2,991
Nonqualified deferred compensation	3,119		2,802
Property and equipment	496		—
Tax credit carryforwards	7,588		10,241
Other	1,351		444
Total deferred tax assets	66,085		59,248
Less valuation allowance	(37,399)		(35,332)
Net deferred tax assets	28,686		23,916
Deferred tax liabilities:
Prepaid expenses	(2,296)		(6,734)

Property and equipment	—		(248)
Right-of-use assets	(13,691)		(3,016)
Intangible assets	(4,218)		(8,409)
Deferred commissions	(7,562)		(5,391)

Total deferred tax liabilities	(27,767)		(23,798)
Net deferred tax assets	$	919	$	118

Schedule of Unrecognized Tax Benefits Roll Forward

The following table sets forth changes in the total gross unrecognized tax benefits for the fiscal years ended March 31, 2022, 2021 and 2020 (dollars in thousands):


	Year ended March 31,
	2022		2021		2020
Balance at beginning of period	$	25,026	$	23,400	$	19,600
Increases related to prior year tax positions	411		—		2,458
Decreases related to prior year tax positions	—		(139)		(1,048)
Increases related to current year tax positions	990		1,765		2,433

Lapse of statute of limitations	(2,610)		—		(43)
Balance at end of period	$	23,817	$	25,026	$	23,400

FOREIGN OPERATIONS: (Tables)

12 Months Ended

Mar. 31, 2022

Segments, Geographical Areas [Abstract]

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table shows financial information by geographic area (dollars in thousands):


	Year ended March 31,
Revenue	2022		2021		2020
United States	$	495,765	$	415,976	$	354,437
Foreign
Europe	26,373		22,515		20,789
APAC	6,519		4,535		5,346
All Foreign	32,892		27,050		26,135
	$	528,657	$	443,026	$	380,572

Long-lived assets excluding financial instruments (dollars in thousands):


	March 31,
	2022		2021
United States	$	509,014	$	456,662
Foreign
Europe	4,174		1,084
APAC	4,714		4,860
All Foreign	8,888		5,944
	$	517,902	$	462,606

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Tables)

12 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value

The following table details the fair value measurements within the fair value hierarchy of the Company's financial assets and liabilities at March 31, 2022 and March 31, 2021 (dollars in thousands):


	March 31, 2022
	Level 1		Level 2		Level 3		Total
Other current assets:

Assets of non-qualified retirement plan	$	15,528	$	—	$	—	$	15,528
Total	$	15,528	$	—	$	—	$	15,528


	March 31, 2021
	Level 1		Level 2		Level 3		Total
Other current assets:

Assets of non-qualified retirement plan	$	15,838	$	—	$	—	$	15,838
Total	$	15,838	$	—	$	—	$	15,838

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Narrative (Details) $ in Millions	12 Months Ended
	Mar. 31, 2022 USD ($) segment	Mar. 31, 2021 USD ($) reporting_unit	Mar. 31, 2020 USD ($)
Property, Plant and Equipment [Line Items]
Number of operating segments \| segment	1
Unbilled amounts included in accounts receivable	$ 12.5	$ 8.0
Capitalized contract cost amortization period		4 years
Recognition of capitalized contract cost	8.0	$ 6.6
Number of reporting units \| reporting_unit		3
Advertising expense	$ 10.5	$ 7.0	$ 9.8
Revenue Benchmark \| Customer Concentration Risk \| Ten Largest Customers
Property, Plant and Equipment [Line Items]
Concentration risk, percentage	28.00%
Revenue Benchmark \| Customer Concentration Risk \| Interpublic Group of Companies
Property, Plant and Equipment [Line Items]
Concentration risk, percentage	11.00%
Minimum
Property, Plant and Equipment [Line Items]
Amortization period	2 years
Minimum \| Incentive Stock Option
Property, Plant and Equipment [Line Items]
Exercise price as a percentage of the per-share market value of the Company's shares at the date of grant	100.00%
Minimum \| Leasehold improvements
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Minimum \| Data processing equipment
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years
Minimum \| Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Maximum
Property, Plant and Equipment [Line Items]
Amortization period	6 years
Maximum \| Incentive Stock Option
Property, Plant and Equipment [Line Items]
Duration of stock options granted	10 years
Maximum \| Nonqualified Options
Property, Plant and Equipment [Line Items]
Exercise price as a percentage of the per-share market value of the Company's shares at the date of grant	100.00%
Duration of stock options granted	10 years
Maximum \| Leasehold improvements
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Maximum \| Data processing equipment
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Maximum \| Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Earnings (Loss) per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Equity, Class of Treasury Stock [Line Items]
Net loss from continuing operations	$ (33,833)	$ (90,268)	$ (125,261)
Earnings from discontinued operations, net of tax	0	0	750
Net loss	$ (33,833)	$ (90,268)	$ (124,511)
Basic earnings (loss) per share
Basic weighted-average shares outstanding (in shares)	68,211	66,304	67,760
Continuing operations (in dollars per share)	$ (0.50)	$ (1.36)	$ (1.85)
Discontinued operations (in dollars per share)	0	0	0.01
Basic earnings (loss) per share (in USD per share)	$ (0.50)	$ (1.36)	$ (1.84)
Diluted earnings (loss) per share
Basic weighted-average shares outstanding (in shares)	68,211	66,304	67,760
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (in shares)	0	0	0
Diluted weighted-average shares outstanding (in shares)	68,211	66,304	67,760
Continuing operations (in dollars per share)	$ (0.50)	$ (1.36)	$ (1.85)
Discontinued operations (in dollars per share)	0	0	0.01
Diluted earnings (loss) per share (in USD per share)	$ (0.50)	$ (1.36)	$ (1.84)
Stockholders' Equity Attributable to Parent [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	686	90	1,368
Continuing operations
Stockholders' Equity Attributable to Parent [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	1,300	2,700	2,400

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Summary of the Activity of the Allowance for Doubtful Accounts, Returns and Credits (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 7,617	$ 7,575	$ 3,007
Additions charged to costs and expenses	4,217	2,915	7,133
Other changes	(3)	108	86
Bad debts written off, net of amounts recovered	(1,870)	(2,981)	(2,651)
Balance at end of period	$ 9,961	$ 7,617	$ 7,575

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Finite-Lived Intangible Assets (Details)	12 Months Ended
	Mar. 31, 2022
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life (years)	4 years 1 month 6 days
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life (years)	5 years 3 months 18 days
Publisher and Data Supply relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life (years)	5 years 2 months 12 days

REVENUE FROM CONTRACTS WITH CUSTOMERS: Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 528,657	$ 443,026	$ 380,572
Subscription
Disaggregation of Revenue [Line Items]
Revenues	428,617	356,597	305,679
Marketplace and Other
Disaggregation of Revenue [Line Items]
Revenues	100,040	86,429	74,893
United States
Disaggregation of Revenue [Line Items]
Revenues	495,765	415,976	354,437
Europe
Disaggregation of Revenue [Line Items]
Revenues	26,373	22,515	20,789
Asia-Pacific ("APAC")
Disaggregation of Revenue [Line Items]
Revenues	$ 6,519	$ 4,535	$ 5,346

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

REVENUE FROM CONTRACTS WITH CUSTOMERS: Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Millions	Mar. 31, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 394.2
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 308.5
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months

LEASES: Lease Cost (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Leases [Abstract]
Right-of-use assets included in other assets, net	$ 59,459	$ 11,731
Operating lease, right-of-use asset, statement of financial position [Extensible Enumeration]	Other assets, net	Other assets, net
Short-term lease liabilities included in other accrued expenses	$ 8,984	$ 9,608
Operating lease, liability, current, statement of financial position [Extensible Enumeration]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Long-term lease liabilities included in other liabilities	$ 52,241	$ 4,158
Operating lease, liability, noncurrent, statement of financial position [Extensible Enumeration]	Other liabilities	Other liabilities
Weighted average remaining lease term	6 years 4 months 24 days	1 year 9 months 18 days
Weighted average discount rate	3.60%	5.00%

LEASES: Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
LEASES: Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease costs	$ 11,600	$ 11,600	$ 10,100
Lease period extensions	7 years
Operating lease assets obtained in exchange for operating lease liabilities	$ 56,182	$ 372	$ 2,707
Fiscal 2023	9,308
Fiscal 2024	11,079
Fiscal 2025	9,700
Fiscal 2026	10,260
Leased office facilities
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Fiscal 2023	2,663
Fiscal 2024	2,698
Fiscal 2025	2,698
Fiscal 2026	$ 1,799
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period extensions	2 years
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period extensions	8 years

LEASES: Operating Lease, Liability Maturity (Details) $ in Thousands	Mar. 31, 2022 USD ($)
Leases [Abstract]
Fiscal 2023	$ 9,308
Fiscal 2024	11,079
Fiscal 2025	9,700
Fiscal 2026	10,260
Fiscal 2027	9,231
Thereafter	19,610
Total undiscounted lease commitments	69,188
Less: Interest and short-term leases	7,963
Total discounted operating lease liabilities	$ 61,225

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Summary of restructuring activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	$ (19)	$ 1,725	$ 3,430
Employee-related reserves
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the end of the period	100
Continuing operations
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period	4,743	6,693	10,283
Restructuring charges and adjustments	(19)	1,725	3,430
Payments	(1,650)	(3,675)	(7,020)
Restructuring Reserve, at the end of the period	3,074	4,743	6,693
Continuing operations \| Employee-related reserves
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period	825	450	4,595
Restructuring charges and adjustments	0	1,663	2,291
Payments	(778)	(1,288)	(6,436)
Restructuring Reserve, at the end of the period	47	825	450
Continuing operations \| Lease accruals
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period	3,918	6,243	5,688
Restructuring charges and adjustments	(19)	62	1,139
Payments	(872)	(2,387)	(584)
Restructuring Reserve, at the end of the period	$ 3,027	$ 3,918	$ 6,243

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	$ (19)	$ 1,725	$ 3,430
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	100
Employee Severance \| Restructuring Activity 2020
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			2,300
Restructuring reserve			200
Facility Closing \| Restructuring Activity 2017
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	7,300
Restructuring reserve	$ 3,000
Facility Closing \| Restructuring Activity 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments		1,000
United States and Europe \| Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments		$ 1,700
Asia-Pacific ("APAC") \| Employee Severance \| Restructuring Activity 2020
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			600
United States \| Employee Severance \| Restructuring Activity 2020
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			$ 1,700

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Gains, losses and other items (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Restructuring and Related Activities [Abstract]
Restructuring plan charges and adjustments	$ (19)	$ 1,725	$ 3,430
Early contract terminations	1,042	0	908
Other	456	990	663
Total gains, losses and other items, net	$ 1,479	$ 2,715	$ 5,001

ACQUISITIONS: Narrative (Details) $ in Thousands							1 Months Ended	12 Months Ended
ACQUISITIONS: Narrative (Details) $ in Thousands	Dec. 13, 2021 USD ($) shares	Apr. 21, 2021 USD ($)	Feb. 17, 2021 USD ($) annual_repayment_installments	Jul. 16, 2020 USD ($)	Jul. 02, 2019 USD ($) annual_repayment_installments	Apr. 02, 2019 USD ($)	Feb. 28, 2021 USD ($)	Mar. 31, 2021 USD ($) annual_repayment_installments	Mar. 31, 2020 USD ($) annual_repayment_installments
Diablo.AI, Inc.
Business Acquisition [Line Items]
Vesting period		3 years
Payments to acquire businesses, gross		$ 9,700
Holdback consideration transferred		1,200
Assumed restricted stock awards		$ 1,900
Weighted Average Useful Life (years)		3 years
Net purchase price allocated		$ 9,737
DataFleets, Ltd
Business Acquisition [Line Items]
Holdback consideration transferred								$ 18,100
Net purchase price allocated			$ 67,164
Restricted cash held in escrow			8,900
Total fair value of the replacement stock options issued			2,900				$ 2,900
DataFleets, Ltd \| Consideration Holdback
Business Acquisition [Line Items]
Business combination, contingent consideration arrangements, range of outcomes, value, high			$ 18,100
Business combination, contingent consideration arrangements, number of annual increments \| annual_repayment_installments			3					3
Business combination, contingent consideration arrangements, performance period			3 years
Acuity Data
Business Acquisition [Line Items]
Payments to acquire businesses, gross				$ 2,900
Business combination, contingent consideration arrangements, range of outcomes, value, high				$ 5,100				$ 5,100
Business combination, contingent consideration arrangements, performance period				3 years
Data Plus Math Corporation
Business Acquisition [Line Items]
Holdback consideration transferred									$ 24,400
Assumed restricted stock awards					$ 2,300
Net purchase price allocated					118,001
Restricted cash held in escrow					14,815
Total fair value of the replacement stock options issued					7,400
Escrow deposit					14,800
Share-based payment arrangement, amount capitalized					5,100
Data Plus Math Corporation \| Consideration Holdback
Business Acquisition [Line Items]
Business combination, contingent consideration arrangements, range of outcomes, value, high					$ 24,700
Business combination, contingent consideration arrangements, number of annual increments \| annual_repayment_installments					3				3
Contingent consideration arrangements, earning period					3 years
Faktor B.V.
Business Acquisition [Line Items]
Payments to acquire businesses, gross						$ 4,500
Rakam Technology Asset Acquisition
Business Acquisition [Line Items]
Payments for asset acquisition	$ 2,200
Asset acquisition, contingent consideration	200
Finite-lived intangible assets acquired	$ 2,200
Amortization period	3 years
Rakam Technology Asset Acquisition \| Restricted stock units
Business Acquisition [Line Items]
Granted (in shares) \| shares	2,600,000
Vesting period	4 years

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ACQUISITIONS: Purchase Price Allocation Related to Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands						12 Months Ended
	Apr. 21, 2021	Feb. 17, 2021	Jul. 16, 2020	Jul. 02, 2019	Apr. 02, 2019	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Business Acquisition [Line Items]
Goodwill						$ 363,845	$ 357,446	$ 297,796
Net cash paid						$ 19,107	$ 76,012	$ 105,365
Diablo.AI, Inc.
Business Acquisition [Line Items]
Cash	$ 131
Goodwill	7,012
Intangible assets	3,500
Total assets acquired	10,643
Deferred income taxes	(710)
Accounts payable and accrued expenses	(65)
Net assets acquired	9,868
Net cash paid	8,537
Cash acquired	(131)
Cash held back	(1,200)
Fair value of replacement stock options considered a component of purchase price	(1,900)
Net purchase price allocated	$ 9,737
DataFleets, Ltd
Business Acquisition [Line Items]
Cash		$ 2,099
Goodwill		56,436
Intangible assets		11,400
Other current and noncurrent assets		1,119
Total assets acquired		71,054
Deferred income taxes		(1,716)
Accounts payable and accrued expenses		(75)
Net assets acquired		69,263
Net cash paid		58,264
Cash acquired		(2,099)
Cash held back		(8,900)
Restricted cash held in escrow		(8,900)
Net purchase price allocated		$ 67,164
Acuity Data
Business Acquisition [Line Items]
Cash			$ 184
Trade accounts receivable			156
Goodwill			2,011
Intangible assets			1,100
Other current and noncurrent assets			43
Total assets acquired			3,494
Deferred income taxes			(288)
Accounts payable and accrued expenses			(89)
Net assets acquired			3,117
Net cash paid			2,933
Cash acquired			$ (184)
Data Plus Math Corporation
Business Acquisition [Line Items]
Cash				$ 438
Trade accounts receivable				957
Goodwill				90,619
Intangible assets				34,000
Other current and noncurrent assets				1,186
Total assets acquired				127,200
Deferred income taxes				(6,034)
Accounts payable and accrued expenses				(2,727)
Net assets acquired				118,439
Net cash paid				100,886
Cash acquired				(438)
Restricted cash held in escrow				(14,815)
Fair value of replacement stock options considered a component of purchase price				(2,300)
Net purchase price allocated				$ 118,001
Faktor B.V.
Business Acquisition [Line Items]
Cash					$ 35
Trade accounts receivable					63
Goodwill					3,110
Intangible assets					1,700
Other current and noncurrent assets					126
Total assets acquired					5,034
Deferred income taxes					(194)
Accounts payable and accrued expenses					(326)
Net assets acquired					4,514
Net cash paid					4,479
Cash acquired					$ (35)

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ACQUISITIONS: Components of Intangible Assets Acquired and Their Estimated Useful Lives as of Acquisition Date (Details) - USD ($) $ in Thousands	Feb. 17, 2021	Jul. 02, 2019
DataFleets, Ltd
Business Acquisition [Line Items]
Intangible assets	$ 11,400
DataFleets, Ltd \| Developed technology
Business Acquisition [Line Items]
Intangible assets	$ 11,000
Amortization period	4 years
DataFleets, Ltd \| Customer relationship/Trade name, gross
Business Acquisition [Line Items]
Intangible assets	$ 400
Amortization period	2 years
Data Plus Math Corporation
Business Acquisition [Line Items]
Intangible assets		$ 34,000
Data Plus Math Corporation \| Developed technology
Business Acquisition [Line Items]
Intangible assets		$ 11,000
Amortization period		4 years
Data Plus Math Corporation \| Customer relationships
Business Acquisition [Line Items]
Intangible assets		$ 6,000
Amortization period		4 years
Data Plus Math Corporation \| Data supply relationships
Business Acquisition [Line Items]
Intangible assets		$ 16,000
Amortization period		4 years
Data Plus Math Corporation \| Trademarks
Business Acquisition [Line Items]
Intangible assets		$ 1,000
Amortization period		2 years

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DISCONTINUED OPERATIONS: Narrative (Details) - Acxiom Marketing Solutions - Discontinued Operations $ in Millions	12 Months Ended
	Mar. 31, 2019 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds from disposal of operations	$ 2,300.0
Closing adjustments and transaction costs	49.0
Repayments of debt	230.5
Discontinued operation, gain (loss) on disposal of discontinued operation, net of tax	$ 1,700.0

DISCONTINUED OPERATIONS: Reconciliation of the Major Classes of Line Items Constituting Earnings from Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income taxes	$ 0	$ 0	$ 207
Earnings from discontinued operations, net of tax	$ 0	$ 0	750
Acxiom Marketing Solutions \| Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gains, losses and other items, net			(957)
Total operating expenses			(957)
Earnings from discontinued operations before income taxes			957
Income taxes			207
Earnings from discontinued operations, net of tax			$ 750

- Definition

Amount before tax of income (loss) from a discontinued operation. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32672-109319

+ Details

- Definition

Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References + Details

OTHER CURRENT AND NONCURRENT ASSETS: Schedule of Other Current and Noncurrent Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Other current assets
Prepaid expenses and other	$ 13,947	$ 31,659
Share receivable for cash settlement of withheld income tax withholdings on equity award	0	9,055
Certificates of deposit	7,500	7,500
Assets of non-qualified retirement plan	15,528	15,838
Other current assets	36,975	64,052
Other noncurrent assets
Long-term prepaid revenue share	13,468	8,127
Right-of-use assets (see Note 4)	59,459	11,731
Deferred tax asset	1,224	663
Deposits	4,486	2,745
Strategic investments	5,700	5,700
Other miscellaneous noncurrent assets	877	1,888
Other assets, net	$ 85,214	$ 30,854

OTHER CURRENT AND NONCURRENT ASSETS: Narrative (Details) - Disposal Group, Disposed of by Sale, Not Discontinued Operations - IT Infrastructure Management Business - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Retained profits interest		$ 0.7
Gain on disposition of business	$ 30.5
Proceeds from divestiture of businesses	$ 31.2

PROPERTY AND EQUIPMENT: (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 45,001	$ 44,284
Less accumulated depreciation and amortization	33,470	32,327
Property and equipment, net of accumulated depreciation and amortization	11,531	11,957
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	28,224	26,024
Data processing equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	7,001	9,053
Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 9,776	$ 9,207

PROPERTY AND EQUIPMENT: Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 5.4	$ 8.9	$ 15.3
Accelerated depreciation expense			$ 3.6

GOODWILL: (Details) - USD ($) $ in Thousands	12 Months Ended
GOODWILL: (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Goodwill
Goodwill at the beginning of year	$ 357,446	$ 297,796
Change in foreign currency translation adjustment	(613)	1,203
Goodwill at the end of year	363,845	357,446
Acuity Data
Goodwill
Goodwill, acquired during period		2,011
DataFleets, Ltd
Goodwill
Goodwill, acquired during period		$ 56,436
Diablo.AI, Inc.
Goodwill
Goodwill, acquired during period	$ 7,012

GOODWILL: Goodwill by Geography (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Goodwill information
Goodwill	$ 363,845	$ 357,446	$ 297,796
U.S.
Goodwill information
Goodwill	360,466
APAC
Goodwill information
Goodwill	$ 3,379

INTANGIBLE ASSETS: - Amounts Allocated to Intangible Assets from Acquisitions (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 167,436	$ 161,853
Accumulated amortization	(140,718)	(122,123)
Total finite-lived intangible assets, net	26,718	39,730
Developed technology, gross
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	84,146	78,547
Accumulated amortization	(67,980)	(60,424)
Total finite-lived intangible assets, net	16,166	18,123
Customer relationship/Trade name, gross
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	43,490	43,506
Accumulated amortization	(40,582)	(37,510)
Total finite-lived intangible assets, net	2,908	5,996
Publisher/Data supply relationships, gross
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	39,800	39,800
Accumulated amortization	(32,156)	(24,189)
Total finite-lived intangible assets, net	$ 7,644	$ 15,611

INTANGIBLE ASSETS: Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 18.7	$ 18.0	$ 19.0

INTANGIBLE ASSETS: - Estimated Future Amortization Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2023	$ 16,837
2024	6,860
2025	3,021
Total finite-lived intangible assets, net	$ 26,718	$ 39,730

OTHER ACCRUED EXPENSES: (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Business Acquisition [Line Items]
Liabilities of non-qualified retirement plan	$ 15,528	$ 15,838
Short-term lease liabilities (see Note 3)	8,984	9,608
Other miscellaneous accrued expenses	10,864	23,852
Other accrued expenses	46,067	58,353
Rakam Technology Asset Acquisition
Business Acquisition [Line Items]
Rakam consideration holdback (see Note 5)	223	0
Data Plus Math Corporation
Business Acquisition [Line Items]
Business combination, contingent consideration, liability, current	6,092	6,092
Acuity Data
Business Acquisition [Line Items]
Business combination, contingent consideration, liability, current	2,420	2,208
DataFleets, Ltd
Business Acquisition [Line Items]
Business combination, contingent consideration, liability, current	756	755
Diablo.AI, Inc.
Business Acquisition [Line Items]
Business combination, contingent consideration, liability, current	$ 1,200	$ 0

- Details

Name:	us-gaap_BusinessAcquisitionAxis=ramp_DataPlusMathCorporationMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

OTHER LIABILITIES: (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Other Liabilities Disclosure [Abstract]
Uncertain tax positions	$ 24,374	$ 26,156
Long-term lease liabilities (see Note 3)	52,241	4,158
Restructuring accruals	3,619	4,510
Other	5,876	7,565
Other liabilities	$ 86,110	$ 42,389

COMMITMENTS AND CONTINGENCIES: Narrative (Details) $ in Millions	Mar. 31, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Deferred tax liability not recognized, amount of unrecognized deferred tax liability, bad debt reserve for tax purposes of qualified lender	$ 24.4

COMMITMENTS AND CONTINGENCIES: (Details) $ in Thousands	Mar. 31, 2022 USD ($)
Purchase Obligation, Fiscal Year Maturity [Abstract]
2023	$ 58,495
2024	48,201
2025	46,514
2026	33,150
Total	$ 186,360

STOCKHOLDERS' EQUITY: Narrative (Details)					1 Months Ended		3 Months Ended	12 Months Ended
STOCKHOLDERS' EQUITY: Narrative (Details)	Dec. 13, 2021 shares	Apr. 21, 2021 USD ($)	Feb. 17, 2021 USD ($) annual_repayment_installments	Jul. 02, 2019 USD ($) annual_repayment_installments	Mar. 31, 2021 USD ($) annual_repayment_installments $ / shares shares	Feb. 28, 2021 USD ($) $ / shares shares	Jun. 30, 2020 shares	Mar. 31, 2022 USD ($) $ / shares shares	Mar. 31, 2021 USD ($) annual_repayment_installments $ / shares shares	Mar. 31, 2020 USD ($) annual_repayment_installments $ / shares shares	Jul. 16, 2020 USD ($)
Share-based compensation
Common stock, shares authorized \| shares					200,000,000			200,000,000	200,000,000
Common stock, par or stated value (in dollars per share) \| $ / shares					$ 0.10			$ 0.10	$ 0.10
Preferred stock, shares authorized \| shares					1,000,000			1,000,000	1,000,000
Preferred stock, par or stated value (in dollars per shares) \| $ / shares					$ 1.00			$ 1.00	$ 1.00
Acquisition of treasury stock								$ 58,621,000	$ 42,312,000	$ 182,190,000
Treasury stock, at cost (in shares) \| shares					79,600,000			81,200,000	79,600,000
Treasury stock, at cost					$ 2,026,518,000			$ 2,099,765,000	$ 2,026,518,000
Exercised (in dollars per share) \| $ / shares								$ 9.35
Exercised								$ 4,338,000
Future expense for performance stock option units								195,010,000
Accumulated other comprehensive income (loss), foreign currency translation adjustment					$ 7,522,000			5,730,000	7,522,000
DataFleets, Ltd
Share-based compensation
Total fair value of the replacement stock options issued			$ 2,900,000			$ 2,900,000
Holdback consideration transferred									$ 18,100,000
Holdback expenses								6,800,000
Holdback expenses, expected costs								6,000,000
DataFleets, Ltd \| Consideration Holdback
Share-based compensation
Business combination, contingent consideration arrangements, range of outcomes, value, high			$ 18,100,000
Business combination, contingent consideration arrangements, number of annual increments \| annual_repayment_installments			3		3				3
DataFleets, Ltd \| Accrued Liabilities
Share-based compensation
Holdback expenses								800,000
Data Plus Math Corporation
Share-based compensation
Total fair value of the replacement stock options issued				$ 7,400,000
Fair value of replacement stock options considered a component of purchase price				2,300,000
Share-based payment arrangement, amount capitalized				5,100,000
Holdback consideration transferred										$ 24,400,000
Holdback expenses								22,300,000
Holdback expenses, expected costs								8,100,000
Data Plus Math Corporation \| Consideration Holdback
Share-based compensation
Business combination, contingent consideration arrangements, range of outcomes, value, high				$ 24,700,000
Business combination, contingent consideration arrangements, number of annual increments \| annual_repayment_installments				3						3
Data Plus Math Corporation \| Accrued Liabilities
Share-based compensation
Holdback expenses								6,100,000
Diablo.AI, Inc.
Share-based compensation
Fair value of replacement stock options considered a component of purchase price		$ 1,900,000
Vesting period		3 years
Holdback consideration transferred		$ 1,200,000
Acuity Data
Share-based compensation
Business combination, contingent consideration arrangements, range of outcomes, value, high					$ 5,100,000				$ 5,100,000		$ 5,100,000
Non-cash stock-based compensation expense								4,100,000
Business combination, contingent consideration, liability, expected costs								1,700,000
Acuity Data \| Accrued Liabilities
Share-based compensation
Business Combination, Contingent Consideration, Liability								2,400,000
Pacific Data Partners LLC
Share-based compensation
Non-cash stock-based compensation expense								65,500,000
Restricted stock units
Share-based compensation
Share-based compensation expense								56,008,000	78,164,000	$ 55,543,000
Restricted stock units \| Rakam Technology Asset Acquisition
Share-based compensation
Granted (in shares) \| shares	2,600,000
Vesting period	4 years
Restricted stock units \| Diablo.AI, Inc.
Share-based compensation
Share-based compensation expense								$ 794,000	$ 0	$ 0
Restricted stock units \| Share-based Payment Arrangement, Tranche Three
Share-based compensation
Forfeited in period (in shares) \| shares					700,000
Compensation costs					$ 21,400,000
Incremental compensation cost					8,400,000
Accelerated original grant date fair value compensation cost					$ 13,000,000
Restricted stock units \| Time Based Vesting
Share-based compensation
Forfeited in period (in shares) \| shares								1,064,714
Granted (in shares) \| shares								3,191,809	2,228,445	1,697,506
Aggregate fair value of restricted stock units granted									$ 99,800,000	$ 85,600,000
Vested in period, fair value								$ 30,300,000	$ 126,900,000	$ 59,800,000
Outstanding at the end of the period (in shares) \| shares					2,692,243			4,176,682	2,692,243
Vesting in period (in shares) \| shares								642,656
Restricted stock units \| Time Based Vesting \| Rakam Technology Asset Acquisition
Share-based compensation
Granted (in shares) \| shares								55,927
Aggregate fair value of restricted stock units granted								$ 2,600,000
Restricted stock units \| Time Based Vesting \| Data Plus Math Corporation
Share-based compensation
Granted (in shares) \| shares									193,595	155,346
Aggregate fair value of restricted stock units granted									$ 13,500,000	$ 7,300,000
Restricted stock units \| Time Based Vesting \| Diablo.AI, Inc.
Share-based compensation
Granted (in shares) \| shares								98,442
Aggregate fair value of restricted stock units granted								$ 4,700,000
Restricted stock units \| Vesting in four years
Share-based compensation
Granted (in shares) \| shares								3,037,440
Aggregate fair value of restricted stock units granted								$ 143,400,000
Vesting period								4 years	4 years	4 years
Restricted stock units \| Performance stock
Share-based compensation
Forfeited in period (in shares) \| shares								160,108
Granted (in shares) \| shares								249,152	246,524	202,818
Aggregate fair value of restricted stock units granted								$ 12,600,000	$ 10,700,000	$ 12,300,000
Outstanding at the end of the period (in shares) \| shares					631,869			584,468	631,869
Vesting in period (in shares) \| shares								136,445
The total fair value of performance-based restricted stock units								$ 6,700,000	$ 8,400,000
Restricted stock units \| ATS Performance Plan Vesting Total Shareholder Return
Share-based compensation
Granted (in shares) \| shares								36,425
Aggregate fair value of restricted stock units granted								$ 1,700,000
Restricted stock units \| ATS Performance Plan Vesting Total Shareholder Return \| Minimum
Share-based compensation
Award vesting rights percentage								0.00%
Restricted stock units \| ATS Performance Plan Vesting Total Shareholder Return \| Maximum
Share-based compensation
Award vesting rights percentage								100.00%
Restricted stock units \| Performance Shares Vesting Total Shareholder Return
Share-based compensation
Granted (in shares) \| shares								63,815	73,950	60,844
Aggregate fair value of restricted stock units granted								$ 3,800,000	$ 4,200,000	$ 4,400,000
Outstanding at the end of the period (in shares) \| shares								119,268
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Minimum
Share-based compensation
Award vesting rights percentage								0.00%	0.00%	0.00%
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Maximum
Share-based compensation
Award vesting rights percentage								200.00%	200.00%	200.00%
Restricted stock units \| Performance Shares Vesting One Year Anniversary Of Attainment
Share-based compensation
Vesting period								1 year
Restricted stock units \| Performance Shares Vesting Under The Second Plan
Share-based compensation
Granted (in shares) \| shares									172,574	141,974
Aggregate fair value of restricted stock units granted									$ 6,500,000	$ 7,900,000
Restricted stock units \| Performance Shares Vesting Under The Second Plan \| Minimum
Share-based compensation
Award vesting rights percentage									0.00%
Restricted stock units \| Performance Shares Vesting Under The Second Plan \| Maximum
Share-based compensation
Award vesting rights percentage									200.00%
Restricted stock units \| 2021 Performance Shares That Will Vest Immediately
Share-based compensation
Forfeited in period (in shares) \| shares								71,666
Outstanding at the end of the period (in shares) \| shares								208,750
Hurdle achievement, percentage								50.00%
Restricted stock units \| Performance Shares Vesting In Three Equal Annual Increments
Share-based compensation
Forfeited in period (in shares) \| shares										38,063
Award vesting rights percentage								0.00%
Vesting in period (in shares) \| shares							82,494
Restricted stock units \| Vesting Based on Relevant Performance Period Over Two Periods at March 31 2022 \| Minimum
Share-based compensation
Award vesting rights percentage							0.00%
Restricted stock units \| Vesting Based on Relevant Performance Period Over Two Periods at March 31 2022 \| Maximum
Share-based compensation
Award vesting rights percentage							200.00%
Restricted stock units \| Performance Shares Vesting Based On Attainment Of The Year Over Year Revenue Growth Targets
Share-based compensation
Vesting in period (in shares) \| shares										59,480
Restricted stock units \| Vesting Based On Relevant Performance Period Over Two Periods At March 31, 2020
Share-based compensation
Forfeited in period (in shares) \| shares										97,543
Award vesting rights percentage										164.00%
Stock options
Share-based compensation
Exercised								$ 4,300,000	$ 23,200,000	$ 6,700,000
Share-based compensation expense								$ 1,935,000	$ 2,308,000	$ 3,675,000
Stock options \| DataFleets, Ltd
Share-based compensation
Shares issued in period (in shares) \| shares						42,154
Exercised (in dollars per share) \| $ / shares						$ 0.70
Stock options \| Data Plus Math Corporation
Share-based compensation
Shares issued in period (in shares) \| shares										162,481
Exercised (in dollars per share) \| $ / shares										$ 1.64
Restricted Stock \| Diablo.AI, Inc.
Share-based compensation
Conversion of convertible securities (in shares) \| shares								40,600
Conversion of convertible securities								$ 1,900,000
Vesting period								3 years
Vested in period, fair value								$ 800,000
Outstanding at the end of the period (in shares) \| shares					0			24,766	0
Vesting in period (in shares) \| shares								15,834
Employee Stock
Share-based compensation
Stock issued during period, ESPP (in shares) \| shares								103,447
Shares issued, price per share (in dollars per share) \| $ / shares								$ 41.44
Stock issued during period, ESPP, value								$ 4,300,000
Share-based compensation expense								1,800,000
Future expense for performance stock option units								400,000
Common Stock Repurchase Program
Share-based compensation
Stock repurchase program, authorized amount								$ 1,000,000,000
Acquisition of treasury stock (in shares) \| shares								1,300,000	1,300,000	4,400,000
Acquisition of treasury stock								$ 58,600,000	$ 42,300,000	$ 182,200,000
Treasury stock, at cost (in shares) \| shares								29,600,000
Treasury stock, at cost								$ 732,200,000
Stock repurchase program, remaining amount								$ 267,800,000
Stock Option and Equity Compensation Plans
Share-based compensation
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares) \| shares								39,100,000
Shares which remained available for future grants (in shares) \| shares								2,800,000
Operating Metrics Performance Plan \| Restricted stock units \| Performance stock
Share-based compensation
Granted (in shares) \| shares								148,912
Aggregate fair value of restricted stock units granted								$ 7,100,000
Operating Metrics Performance Plan \| Restricted stock units \| Performance stock \| Minimum
Share-based compensation
Award vesting rights percentage								0.00%
Operating Metrics Performance Plan \| Restricted stock units \| Performance stock \| Maximum
Share-based compensation
Award vesting rights percentage								200.00%
Operating Metrics Performance Plan \| Restricted stock units \| 2022 Performance-Based Stock Units That Will Vest Immediately
Share-based compensation
Award vesting rights percentage								50.00%
Operating Metrics Performance Plan \| Restricted stock units \| 2022 Performance-Based Stock Units That Will Vest On The One Year Anniversary Of Attainment
Share-based compensation
Award vesting rights percentage								50.00%
Operating Metrics Performance Plan \| Restricted stock units \| 2021 Performance Shares That Will Vest Immediately
Share-based compensation
Award vesting rights percentage								50.00%

- Details

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Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

STOCKHOLDERS' EQUITY: Stock-based Compensation Activity, by Award Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Share-based compensation
Total non-cash stock-based compensation	$ 87,257	$ 111,707	$ 89,447
Total non-cash stock-based compensation included in the consolidated statements of equity	71,180	84,396	65,219
Stock options
Share-based compensation
Share-based compensation expense	1,935	2,308	3,675
Restricted stock units
Share-based compensation
Share-based compensation expense	56,008	78,164	55,543
Restricted stock units \| Diablo.AI, Inc.
Share-based compensation
Share-based compensation expense	794	0	0
Arbor Holdback Agreement \| Arbor
Share-based compensation
Share-based compensation expense	0	0	2,553
Consideration Holdback \| Data Plus Math Corporation
Share-based compensation
Share-based compensation expense	8,122	8,030	6,185
Consideration Holdback \| DataFleets, Ltd
Share-based compensation
Share-based compensation expense	6,043	755	0
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC
Share-based compensation
Share-based compensation expense	9,101	18,388	20,332
Acuity Performance Earnout \| Acuity Data
Share-based compensation
Share-based compensation expense	1,912	2,208	0
Other stock-based compensation
Share-based compensation
Share-based compensation expense	3,342	1,854	1,159
Liability-based equity awards
Share-based compensation
Total non-cash stock-based compensation	$ (16,077)	$ (27,311)	$ (24,228)

- Details

Name:	us-gaap_BusinessAcquisitionAxis=ramp_DataPlusMathCorporationMember
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Period Type:

STOCKHOLDERS' EQUITY: Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Share-based compensation
Total non-cash stock-based compensation	$ 87,257	$ 111,707	$ 89,447
Cost of revenue
Share-based compensation
Total non-cash stock-based compensation	4,111	5,300	3,769
Research and development
Share-based compensation
Total non-cash stock-based compensation	32,112	38,960	23,260
Sales and marketing
Share-based compensation
Total non-cash stock-based compensation	28,586	40,401	38,026
General and administrative
Share-based compensation
Total non-cash stock-based compensation	$ 22,448	$ 27,046	$ 24,392

STOCKHOLDERS' EQUITY: Future Expense, by Award Type (Details) $ in Thousands	Mar. 31, 2022 USD ($)
Share-based compensation
Total	$ 195,010
2023
Share-based compensation
Total	82,730
2024
Share-based compensation
Total	61,991
2025
Share-based compensation
Total	38,483
2026
Share-based compensation
Total	11,806
Stock options
Share-based compensation
Share-based compensation not yet recognized	1,967
Stock options \| 2023
Share-based compensation
Share-based compensation not yet recognized	1,089
Stock options \| 2024
Share-based compensation
Share-based compensation not yet recognized	720
Stock options \| 2025
Share-based compensation
Share-based compensation not yet recognized	158
Stock options \| 2026
Share-based compensation
Share-based compensation not yet recognized	0
Restricted stock units
Share-based compensation
Future share-based compensation expense expected	177,224
Restricted stock units \| 2023
Share-based compensation
Future share-based compensation expense expected	71,881
Restricted stock units \| 2024
Share-based compensation
Future share-based compensation expense expected	55,301
Restricted stock units \| 2025
Share-based compensation
Future share-based compensation expense expected	38,236
Restricted stock units \| 2026
Share-based compensation
Future share-based compensation expense expected	11,806
Restricted stock units \| Diablo.AI, Inc.
Share-based compensation
Future share-based compensation expense expected	1,125
Restricted stock units \| Diablo.AI, Inc. \| 2023
Share-based compensation
Future share-based compensation expense expected	518
Restricted stock units \| Diablo.AI, Inc. \| 2024
Share-based compensation
Future share-based compensation expense expected	518
Restricted stock units \| Diablo.AI, Inc. \| 2025
Share-based compensation
Future share-based compensation expense expected	89
Restricted stock units \| Diablo.AI, Inc. \| 2026
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback \| Data Plus Math Corporation
Share-based compensation
Future share-based compensation expense expected	2,031
Consideration Holdback \| Data Plus Math Corporation \| 2023
Share-based compensation
Future share-based compensation expense expected	2,031
Consideration Holdback \| Data Plus Math Corporation \| 2024
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback \| Data Plus Math Corporation \| 2025
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback \| Data Plus Math Corporation \| 2026
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback \| DataFleets, Ltd
Share-based compensation
Future share-based compensation expense expected	11,330
Consideration Holdback \| DataFleets, Ltd \| 2023
Share-based compensation
Future share-based compensation expense expected	6,043
Consideration Holdback \| DataFleets, Ltd \| 2024
Share-based compensation
Future share-based compensation expense expected	5,287
Consideration Holdback \| DataFleets, Ltd \| 2025
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback \| DataFleets, Ltd \| 2026
Share-based compensation
Future share-based compensation expense expected	0
Acuity Performance Earnout \| Acuity Data
Share-based compensation
Future share-based compensation expense expected	980
Acuity Performance Earnout \| Acuity Data \| 2023
Share-based compensation
Future share-based compensation expense expected	815
Acuity Performance Earnout \| Acuity Data \| 2024
Share-based compensation
Future share-based compensation expense expected	165
Acuity Performance Earnout \| Acuity Data \| 2025
Share-based compensation
Future share-based compensation expense expected	0
Acuity Performance Earnout \| Acuity Data \| 2026
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation
Share-based compensation
Future share-based compensation expense expected	353
Other stock-based compensation \| 2023
Share-based compensation
Future share-based compensation expense expected	353
Other stock-based compensation \| 2024
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation \| 2025
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation \| 2026
Share-based compensation
Future share-based compensation expense expected	$ 0

- Details

Name:	us-gaap_BusinessAcquisitionAxis=ramp_DataPlusMathCorporationMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

STOCKHOLDERS' EQUITY: Stock Option Activity (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2022 USD ($) $ / shares shares
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares) \| shares	844,045
Exercised (in shares) \| shares	(110,617)
Forfeited or cancelled (in shares) \| shares	(3,424)
Outstanding at end of the period (in shares) \| shares	730,004
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share) \| $ / shares	$ 15.31
Exercised (in dollars per share) \| $ / shares	9.35
Forfeited or cancelled (in dollars per share) \| $ / shares	2.39
Outstanding at the end of the period (in dollars per share) \| $ / shares	$ 16.28
Weighted average remaining contractual term	2 years 2 months 12 days
Exercised \| $	$ 4,338
Outstanding at the end of the period \| $	$ 15,411
Exercisable at the end of the period (in shares) \| shares	699,260
Exercisable at the end of the period (in dollars per share) \| $ / shares	$ 16.96
Exercisable at the end of the period	1 year 10 months 24 days
Exercisable at the end of the period \| $	$ 14,289

STOCKHOLDERS' EQUITY: Summary of Options (Details)	12 Months Ended
STOCKHOLDERS' EQUITY: Summary of Options (Details)	Mar. 31, 2022 $ / shares shares
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares) \| shares	730,004
Options outstanding - Weighted-average remaining contractual life	2 years 2 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 16.28
Options exercisable (in shares) \| shares	699,260
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 16.96
Range of exercise price per share from $0 to $9.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	0
Exercise price per share, high end of range (in dollars per share)	$ 9.99
Options outstanding (in shares) \| shares	81,495
Options outstanding - Weighted-average remaining contractual life	5 years 7 months 6 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 0.99
Options exercisable (in shares) \| shares	50,751
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 1.06
Range of exercise price per share from $10.00 to $19.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	10.00
Exercise price per share, high end of range (in dollars per share)	$ 19.99
Options outstanding (in shares) \| shares	346,807
Options outstanding - Weighted-average remaining contractual life	1 year 8 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 15.50
Options exercisable (in shares) \| shares	346,807
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 15.50
Range of exercise price per share from $20.00 to $24.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	20.00
Exercise price per share, high end of range (in dollars per share)	$ 24.99
Options outstanding (in shares) \| shares	301,702
Options outstanding - Weighted-average remaining contractual life	1 year 9 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.31
Options exercisable (in shares) \| shares	301,702
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.31

STOCKHOLDERS' EQUITY: Unvested Restricted Stock Awards (Details) - Restricted Stock - Diablo.AI, Inc.	12 Months Ended
	Mar. 31, 2022 $ / shares shares
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares) \| shares	0
Diablo replacement restricted stock award (in shares) \| shares	40,600
Vested (in shares) \| shares	(15,834)
Outstanding at the end of the period (in shares) \| shares	24,766
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share) \| $ / shares	$ 0
Diablo replacement restricted stock award (in dollars per share) \| $ / shares	47.29
Vested (in dollars per share) \| $ / shares	47.29
Outstanding at the end of the period (in dollars per share) \| $ / shares	$ 47.29
Weighted average remaining contractual term (in years)	2 years 2 months 1 day

STOCKHOLDERS' EQUITY: Time-Vesting Restricted Stock Unit Activity (Details) - Restricted stock units - Time Based Vesting - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	2,692,243
Granted (in shares)	3,191,809	2,228,445	1,697,506
Vested (in shares)	(642,656)
Forfeited or cancelled (in shares)	(1,064,714)
Outstanding at the end of the period (in shares)	4,176,682	2,692,243
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 45.96
Granted (in dollars per share)	47.22
Vested (in dollars per share)	44.15
Forfeited or cancelled (in dollars per share)	46.75
Outstanding at the end of the period (in dollars per share)	$ 47.00	$ 45.96
Weighted average remaining contractual term (in years)	2 years 10 months 6 days	2 years 9 months 3 days

STOCKHOLDERS' EQUITY: Non-vested Performance-based Restricted Stock Unit Activity (Details) - Restricted stock units - Performance stock - $ / shares	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	631,869
Granted (in shares)	249,152	246,524	202,818
Vested (in shares)	(136,445)
Forfeited or cancelled (in shares)	(160,108)
Outstanding at the end of the period (in shares)	584,468	631,869
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 49.74
Granted (in dollars per share)	50.54
Vested (in dollars per share)	45.54
Forfeited or cancelled (in dollars per share)	48.98
Outstanding at the end of the period (in dollars per share)	$ 51.26	$ 49.74
Weighted average remaining contractual term (in years)	1 year 3 days	1 year 6 months 14 days

INCOME TAX: Allocated Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Continuing operations	$ (1,242)	$ (30,532)	$ (40,276)
Discontinued operations	0	0	207
Total	$ (1,242)	$ (30,532)	$ (40,069)

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

INCOME TAX: Income Tax Expense (Benefit) Attributable to Earnings (Loss) From Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Current:
U.S. Federal	$ (1,227)	$ (28,060)	$ (33,715)
Non-U.S.	305	17	146
State	1,220	(1,071)	171
Total current income tax expense (benefit)	298	(29,114)	(33,398)
Deferred:
U.S. Federal	(895)	(1,205)	(5,103)
Non-U.S.	(608)	(44)	(1,006)
State	(37)	(169)	(769)
Total deferred income tax expense (benefit)	(1,540)	(1,418)	(6,878)
Total	$ (1,242)	$ (30,532)	$ (40,276)

INCOME TAX: Earnings (Loss) Before Income Tax Attributable to U.S. and non-U.S. Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
U.S.	$ (37,415)	$ (122,257)	$ (160,457)
Non-U.S.	2,340	1,457	(5,080)
Loss before income taxes	$ (35,075)	$ (120,800)	$ (165,537)

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

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+ Details

INCOME TAX: Reconciliation of Expected Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Computed expected income tax benefit	$ (7,366)	$ (25,368)	$ (34,763)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	691	(979)	(473)
Research and other tax credits	(3,107)	(4,635)	(1,517)
Nondeductible expenses	673	1,104	838
Stock-based compensation	5,576	(2,024)	5,025
Non-U.S. subsidiaries taxed at other rates	(364)	194	230
Adjustment to valuation allowances	2,520	2,230	(2,245)
Net operating loss carryback taxed at other rates	0	0	(7,360)
Other, net	135	(1,054)	(11)
Total	$ (1,242)	$ (30,532)	$ (40,276)

INCOME TAX: Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAX: Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2019
Income Tax Examination [Line Items]
Deferred tax assets, valuation allowance	$ 37,399	$ 35,332
Gross unrecognized tax benefits	23,817	25,026	$ 23,400	$ 19,600
Gross unrecognized tax benefits that would impact effective tax rate	20,100
Accrued interest and penalties related to tax positions on tax returns	4,300
Increase in accrued interest and penalties related to tax positions on tax returns	800
Internal Revenue Service (IRS)
Income Tax Examination [Line Items]
Operating loss carryforwards	900
Federal tax authority
Income Tax Examination [Line Items]
Credit carryforwards that will not expire	16,800
Tax credit carryforward, amount	3,000
State and Local Jurisdiction
Income Tax Examination [Line Items]
Operating loss carryforwards	125,500
Tax credit carryforward, amount	7,000
Foreign Tax Authority
Income Tax Examination [Line Items]
Foreign net operating loss carryforwards	99,600
Deferred tax assets, valuation allowance	22,700
Tax Year 2021
Income Tax Examination [Line Items]
Income tax examination, refund adjustment from settlement with taxing authority			$ 28,000
Tax Year 2020
Income Tax Examination [Line Items]
Income tax examination, refund adjustment from settlement with taxing authority		$ 32,000
Indefinite Tax Year
Income Tax Examination [Line Items]
Foreign net operating loss carryforwards	90,400
Indefinite Tax Year \| State and Local Jurisdiction
Income Tax Examination [Line Items]
Tax credit carryforward, amount	$ 6,300

INCOME TAX: Reconciliation of Deferred Tax Assets/Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Deferred tax assets:
Accrued expenses	$ 5,682	$ 3,501
Lease liabilities	14,090	3,324
Net operating loss carryforwards	25,737	35,945
Stock-based compensation	8,022	2,991
Nonqualified deferred compensation	3,119	2,802
Property and equipment	496	0
Tax credit carryforwards	7,588	10,241
Other	1,351	444
Total deferred tax assets	66,085	59,248
Less valuation allowance	(37,399)	(35,332)
Net deferred tax assets	28,686	23,916
Deferred tax liabilities:
Prepaid expenses	(2,296)	(6,734)
Property and equipment	0	(248)
Right-of-use assets	(13,691)	(3,016)
Intangible assets	(4,218)	(8,409)
Deferred commissions	(7,562)	(5,391)
Total deferred tax liabilities	(27,767)	(23,798)
Net deferred tax assets	$ 919	$ 118

INCOME TAX - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of period	$ 25,026	$ 23,400	$ 19,600
Increases related to prior year tax positions	411	0	2,458
Decreases related to prior year tax positions	0	(139)	(1,048)
Increases related to current year tax positions	990	1,765	2,433
Increases related to current year tax positions	(2,610)	0	(43)
Balance at end of period	$ 23,817	$ 25,026	$ 23,400

RETIREMENT PLANS: (Details) - USD ($) $ in Thousands		12 Months Ended
RETIREMENT PLANS: (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Defined Contribution Plan Disclosure [Line Items]
Employer matching contribution, percent of match	100.00%
Employer matching contribution, percent of employees' gross pay	6.00%
Defined contribution plan cost		$ 10,100	$ 9,400	$ 7,900
Liabilities of non-qualified retirement plan		15,528	15,838
Supplemental Non-Qualified Deferred Compensation Plan
Defined Contribution Plan Disclosure [Line Items]
Assets of non-qualified retirement plan		15,500	15,800
Liabilities of non-qualified retirement plan		$ 15,500	$ 15,800

FOREIGN OPERATIONS: (Details) - USD ($) $ in Thousands	12 Months Ended
FOREIGN OPERATIONS: (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 528,657	$ 443,026	$ 380,572
Long-lived assets	517,902	462,606
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	495,765	415,976	354,437
Long-lived assets	509,014	456,662
Group Of Foreign Countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	32,892	27,050	26,135
Long-lived assets	8,888	5,944
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	26,373	22,515	20,789
Long-lived assets	4,174	1,084
Asia-Pacific ("APAC")
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	6,519	4,535	$ 5,346
Long-lived assets	$ 4,714	$ 4,860

- Definition

+ References

+ Details

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021
Fair value of assets and liabilities
Assets of non-qualified retirement plan	$ 15,528	$ 15,838
Fair value measurements on recurring basis \| Estimate of Fair Value Measurement
Fair value of assets and liabilities
Assets of non-qualified retirement plan	15,528	15,838
Total assets	15,528	15,838
Fair value measurements on recurring basis \| Estimate of Fair Value Measurement \| Level 1
Fair value of assets and liabilities
Assets of non-qualified retirement plan	15,528	15,838
Total assets	15,528	15,838
Fair value measurements on recurring basis \| Estimate of Fair Value Measurement \| Level 2
Fair value of assets and liabilities
Assets of non-qualified retirement plan	0	0
Total assets	0	0
Fair value measurements on recurring basis \| Estimate of Fair Value Measurement \| Level 3
Fair value of assets and liabilities
Assets of non-qualified retirement plan	0	0
Total assets	$ 0	$ 0

FAIR VALUE OF FINANCIAL INSTRUMENTS: Narrative (Details) - USD ($)	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Strategic investments without readily determinable fair values	$ 5,700,000	$ 5,700,000
Asset impairment charges	$ 0	$ 0