0000733269-24-000018 | 10-K | XBRL Viewer

INTANGIBLE ASSETS (Tables)

12 Months Ended

Mar. 31, 2024

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, 2024		March 31, 2023
Developed technology, gross	$	102,076	$	72,095
Accumulated amortization	(70,743)		(63,658)
Net developed technology	$	31,333	$	8,437

Customer relationship/trade name, gross	$	37,882	$	34,384
Accumulated amortization	(34,632)		(33,953)
Net customer/trade name	$	3,250	$	431

Publisher/data supply relationships, gross	$	16,000	$	16,000
Accumulated amortization	(16,000)		(15,000)
Net publisher/data supply relationships	$	—	$	1,000

Total intangible assets, gross	$	155,958	$	122,479
Total accumulated amortization	(121,375)		(112,611)
Total intangible assets, net	$	34,583	$	9,868

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:	Amount
2025	$	14,416
2026	11,000
2027	9,167

	$	34,583

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Leases [Abstract]
Right-of-use assets included in other assets, net	$ 24,471	$ 24,604
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	$ 10,125	$ 9,929
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	$ 32,097	$ 37,243
Operating lease, liability, noncurrent, statement of financial position [Extensible Enumeration]	Other liabilities	Other liabilities
Weighted average remaining lease term	5 years 3 months 18 days	5 years 7 months 6 days
Weighted average discount rate	5.30%	3.50%

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Reconciliation of Numerator And Denominator of Basic and Diluted Earnings (Loss) Per Share

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



	Year ended March 31,
		2024		2023		2022
Net earnings (loss) from continuing operations		$	10,091	$	(124,106)	$	(33,833)
Earnings from discontinued operations, net of tax		1,790		5,404		—
Net earnings (loss)		$	11,881	$	(118,702)	$	(33,833)

Basic weighted-average shares outstanding		66,266		66,352		68,211
Dilutive effect of common stock options and restricted stock units as computed under the treasury stock method (1)		1,652		—		—
Diluted weighted-average shares outstanding		67,918		66,352		68,211

Net earnings (loss) per common share, basic and diluted
Continuing operations		$	0.15	$	(1.87)	$	(0.50)
Discontinued operations		0.03		0.08		—
Net earnings (loss) per share		$	0.17	$	(1.79)	$	(0.50)

(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 0.7 million and 1.3 million for the fiscal years ended March 31, 2023 and 2022, respectively.

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

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,
	2024	2023	2022
Number of shares underlying restricted stock units	1,112	2,376	686

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):


Fiscal year ended:	Balance at beginning of period		Additions (reductions) charged to costs and expenses	Other changes	Bad debts written off, net of amounts recovered	Balance at end of period
March 31, 2022	$	7,617	4,217	(3)	(1,870)	$	9,961
March 31, 2023	$	9,961	1,776	10	(2,403)	$	9,344
March 31, 2024	$	9,344	2,254	755	(3,154)	$	9,199

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						2.6
Customer relationships						2.6

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
There were no material accounting pronouncements applicable to the Company.


Recent accounting pronouncements not yet adopted -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
Accounting Standard Update (“ASU”) 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures	ASU 2023-07 expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses.	The updated standard is effective for our annual periods beginning in fiscal 2025 and interim periods beginning in the first quarter of fiscal 2026. Early adoption is permitted.	We are currently evaluating the impact that the updated standard will have on our consolidated financial statement disclosures.
ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures	ASU 2023-09 requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as information on income tax paid.	The updated standard is effective for us beginning in fiscal 2026. Early adoption is permitted.	We are currently evaluating the impact that the updated standard will have on our consolidated financial statement disclosures.

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Revenues	$ 659,661	$ 596,583	$ 528,657
Subscription
Disaggregation of Revenue [Line Items]
Revenues	513,641	482,807	428,617
Marketplace and Other
Disaggregation of Revenue [Line Items]
Revenues	146,020	113,776	100,040
United States
Disaggregation of Revenue [Line Items]
Revenues	618,526	556,219	495,765
Europe
Disaggregation of Revenue [Line Items]
Revenues	34,109	32,210	26,373
Asia-Pacific ("APAC")
Disaggregation of Revenue [Line Items]
Revenues	5,896	7,470	6,519
Other
Disaggregation of Revenue [Line Items]
Revenues	$ 1,130	$ 684	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-4

+ Details

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Mar. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

INCOME TAX - Income Tax Expense (Benefit) Attributable to Earnings (Loss) From Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Current:
U.S. Federal	$ 21,014	$ 6,325	$ (1,227)
Non-U.S.	662	1,086	305
State	3,384	(2,274)	1,220
Total current income tax expense (benefit)	25,060	5,137	298
Deferred:
U.S. Federal	(101)	155	(895)
Non-U.S.	(387)	(83)	(608)
State	(302)	43	(37)
Total deferred income tax expense (benefit)	(790)	115	(1,540)
Total	$ 24,270	$ 5,252	$ (1,242)

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net earnings (loss)	$ 11,881,000	$ (118,702,000)	$ (33,833,000)
Earnings from discontinued operations, net of tax	(1,790,000)	(5,404,000)	0
Non-cash operating activities:
Depreciation and amortization	11,508,000	20,787,000	24,248,000
Loss on disposal or impairment of assets	1,219,000	4,137,000	183,000
Gain on sale of strategic investments	0	(194,000)	0
Lease-related impairment and restructuring charges	1,769,000	27,545,000	0
Gain on distribution from retained profits interest	0	0	(30,235,000)
Provision for doubtful accounts	2,254,000	1,776,000	4,217,000
Impairment of goodwill	2,875,000	0	0
Deferred income taxes	(458,000)	115,000	(1,540,000)
Non-cash stock compensation expense	71,304,000	125,800,000	87,257,000
Changes in operating assets and liabilities:
Accounts receivable, net	(32,336,000)	(12,123,000)	(38,611,000)
Deferred commissions	(11,113,000)	(6,436,000)	(7,975,000)
Other assets	9,426,000	7,705,000	26,863,000
Accounts payable and other liabilities	8,508,000	(15,369,000)	8,850,000
Income taxes	22,275,000	596,000	33,969,000
Deferred revenue	8,334,000	4,208,000	4,684,000
Net cash provided by operating activities	105,656,000	34,441,000	78,077,000
Cash flows from investing activities:
Capital expenditures	(4,255,000)	(4,696,000)	(4,499,000)
Cash paid in acquisitions, net of cash received	(170,281,000)	0	(19,107,000)
Distribution from retained profits interest	0	0	31,184,000
Purchases of investments	(48,894,000)	(28,197,000)	0
Proceeds from sales of investments	50,750,000	3,000,000	0
Purchases of strategic investments	(1,000,000)	(500,000)	0
Proceeds from sale of strategic investment	0	1,394,000	0
Net cash provided by (used in) investing activities	(173,680,000)	(28,999,000)	7,578,000
Cash flows from financing activities:
Proceeds related to the issuance of common stock under stock and employee benefit plans	7,222,000	6,259,000	6,266,000
Shares repurchased for tax withholdings upon vesting of stock-based awards	(5,835,000)	(2,272,000)	(14,626,000)
Acquisition of treasury stock	(60,502,000)	(149,997,000)	(58,621,000)
Net cash used in financing activities	(59,115,000)	(146,010,000)	(66,981,000)
Net cash provided by (used in) continuing operations	(127,139,000)	(140,568,000)	18,674,000
Cash flows from discontinued operations:
From operating activities	1,790,000	5,404,000	0
Net cash provided by discontinued operations	1,790,000	5,404,000	0
Effect of exchange rate changes on cash	372,000	(550,000)	(199,000)
Net change in cash and cash equivalents	(124,977,000)	(135,714,000)	18,475,000
Cash and cash equivalents at beginning of period	464,448,000	600,162,000	581,687,000
Cash and cash equivalents at end of period	339,471,000	464,448,000	600,162,000
Supplemental cash flow information:
Cash paid (received) for income taxes, net - continuing operations	2,465,000	5,801,000	(32,916,000)
Cash (received) for income taxes - discontinued operations	(2,765,000)	(8,332,000)	0
Cash paid for operating lease liabilities	10,293,000	8,243,000	10,108,000
Operating lease assets obtained in exchange for operating lease liabilities	11,825,000	69,000	56,182,000
Operating lease assets, and related lease liabilities, relinquished in lease terminations	(4,486,000)	(6,781,000)	0
Purchases of property, plant and equipment remaining unpaid at period end	$ 104,000	$ 47,000	$ 696,000

OTHER LIABILITIES (Tables)

12 Months Ended

Mar. 31, 2024

Other Liabilities Disclosure [Abstract]

Schedule of Other Liabilities

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


	March 31, 2024		March 31, 2023
Uncertain tax positions	$	25,289	$	23,427
Long-term lease liabilities (see Note 3)	32,097		37,243
Lease restructuring accruals and related sublease deposits	3,957		5,713
Deferred tax liabilities	224		298
Other	4,165		5,117
Other liabilities	$	65,732	$	71,798

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Description of Business -

LiveRamp Holdings, Inc. ("LiveRamp", "we", "us", or the "Company") is a global technology company that helps companies build enduring brand and business value by collaborating responsibly with data. A groundbreaking leader in consumer privacy, data ethics and foundational identity, LiveRamp offers a connected customer view with clarity and context while protecting brand and consumer trust. Our best-in-class enterprise platform enables data collaboration, where companies can share first-party consumer data with trusted business partners securely and in a privacy conscious manner. We offer flexibility to collaborate wherever data lives to support a wide range of data collaboration use cases—within organizations, between brands, and across our global network of premier partners. Global innovators, from iconic consumer brands and tech platforms to retailers, financial services, and healthcare leaders, turn to LiveRamp to deepen customer engagement and loyalty, activate new partnerships, and maximize the value of their first-party data while staying on the forefront of rapidly evolving compliance and privacy requirements.

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 customer base from locations in the United States, Europe, and the Asia-Pacific (“APAC”) region. Our direct customer list includes many of the world’s best-known and most innovative 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 and non-profit. Through our expansive partner ecosystem we serve thousands of additional companies, unlocking access to unique customer moments and creating powerful network effects.

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 U.S. dollars in accordance with accounting principles generally accepted in the U.S. (“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 2024, for example, are to the fiscal year ended March 31, 2024.

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 credit losses, operating lease assets and liabilities, including the incremental borrowing rate and terms and provision of each lease, 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. Actual results could differ from those estimates.

As of March 31, 2024, the impacts to the Company's business due to geopolitical developments and macroeconomic factors, such as rising interest rates, inflation, bank failures, changes in foreign currency exchange rates and supply chain disruptions, continue to evolve. As a result, many of the Company's estimates and assumptions, including the allowance for credit losses, consider macroeconomic factors in the market, which require increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, the Company's estimates may change materially in future 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.

Earnings (Loss) per Share -

Basic net earnings (loss) per share is computed by dividing net earnings (loss) by the weighted average number of common shares outstanding for the period. Diluted net earnings (loss) per share is computed by giving effect to all potential dilutive common stock equivalents outstanding for the period.

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



	Year ended March 31,
		2024		2023		2022
Net earnings (loss) from continuing operations		$	10,091	$	(124,106)	$	(33,833)
Earnings from discontinued operations, net of tax		1,790		5,404		—
Net earnings (loss)		$	11,881	$	(118,702)	$	(33,833)

Basic weighted-average shares outstanding		66,266		66,352		68,211
Dilutive effect of common stock options and restricted stock units as computed under the treasury stock method (1)		1,652		—		—
Diluted weighted-average shares outstanding		67,918		66,352		68,211

Net earnings (loss) per common share, basic and diluted
Continuing operations		$	0.15	$	(1.87)	$	(0.50)
Discontinued operations		0.03		0.08		—
Net earnings (loss) per share		$	0.17	$	(1.79)	$	(0.50)



	Year ended March 31,
	2024	2023	2022
Number of shares underlying restricted stock units	1,112	2,376	686

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 and U.S. Treasury securities with remaining maturities of three months or less at the date of purchase.

Investments -

Investments consist of U.S. Treasury securities and certificates of deposit. Securities having remaining maturities of more than three months at the date of purchase and less than one year from the date of the balance sheet are classified as short-term, and those with maturities of more than one year from the date of the balance sheet are classified as long-term in the consolidated balance sheets. These investments are carried at fair market value, with unrealized gains and losses considered to be temporary in nature reported as accumulated other comprehensive income, a separate component of stockholders' equity. The Company reviews all investments for reductions in fair value that are other-than-temporary. When such reductions occur, the cost of the investment is adjusted to fair value through recording a loss on investments in the consolidated statements of operations. Gains and losses on investments are calculated on the basis of specific identification. We did not recognize any gains or losses in fiscal years ended March 31, 2024, 2023 or 2022.

Strategic Investments -

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 consolidated statement of operations. On a quarterly basis, the Company performs a qualitative assessment to evaluate whether the investment is impaired. If there are sufficient indicators that the fair value of the investment is less than the carrying value, the carrying value of the investment is reduced and an impairment is recorded in the consolidated statements of operations as other expense, net of tax. During the fiscal year ended March 31, 2023, the Company recorded a $4.0 million impairment of a strategic investment that is recorded in other income, net in the consolidated statement of operations. There were no impairment charges for the fiscal years ended March 31, 2024 or 2022.

Revenue Recognition -

LiveRamp recognizes revenue from the following sources: (i) Subscription revenue, which consists primarily of subscription fees from customers 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, professional services including product implementation, data science analytics and audience measurement, and transactional usage-based revenue from arrangements with certain publishers and addressable TV providers, and professional services fees.

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. We generate revenue from Services primarily from project fees paid by subscribers to our platform. Service projects are sold on an ad hoc basis as well as bundled with platform subscriptions. Services revenue is less than 5% of total Company revenue.

Accounts Receivable

Accounts receivable include 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 $17.5 million at March 31, 2024 and $17.8 million at March 31, 2023.

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.

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


Fiscal year ended:	Balance at beginning of period		Additions (reductions) charged to costs and expenses	Other changes	Bad debts written off, net of amounts recovered	Balance at end of period
March 31, 2022	$	7,617	4,217	(3)	(1,870)	$	9,961
March 31, 2023	$	9,961	1,776	10	(2,403)	$	9,344
March 31, 2024	$	9,344	2,254	755	(3,154)	$	9,199

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 $11.1 million and $6.8 million were recognized as a reduction of operating expense for the fiscal years ended March 31, 2024 and 2023, respectively. We did not recognize any impairment charges in fiscal years 2024, 2023, or 2022.

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, 2 - 5 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 sheets. Short-term lease liabilities are included in other accrued expenses and long-term lease liabilities are included in other liabilities in the consolidated balance sheets. ROU assets are amortized on a straight-line basis as operating lease cost in the consolidated statements of operations. The Company evaluates the recoverability of the ROU assets for possible impairment in accordance with the impairment of long-lived assets policy below.

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 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 2024 and assessed whether there were any triggering events quarterly. We recognized $2.9 million of goodwill impairment charges in the fiscal year ended March 31, 2024. Please refer to Note 9, Goodwill for further details. We did not recognize any goodwill impairment charges in fiscal years ended March 31, 2023 or 2022.

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 years ended March 31, 2024, 2023 or 2022.

During fiscal 2024, our intangible assets were amortized over their estimated useful lives ranging from one year 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						2.6
Customer relationships						2.6

Impairment of Long-lived Assets -

Long-lived assets (asset groups) 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 the following to be potential indicators of impairment of its long-lived assets (asset groups): operating losses, substantial decreases in the Company’s stock price, significant adverse changes in the extent or manner in which a long-lived asset (asset group) is being used, a significant adverse change in legal factors or in the business climate that could affect the value of the long-lived asset (asset group), an accumulation of costs significantly in excess of the amount originally expected for the acquisition or construction of a long-lived asset (asset group), and a current expectation that, more likely than not, a long-lived asset (asset group) will be sold or otherwise disposed of significantly before the end of its previously estimated useful life. When such events occur, 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.

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 and Fair Value Measurements.

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's cash and cash equivalents are held in federally insured financial institutions. Although the Company's deposits may exceed federally insured limits, management 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, 2024, there was one customer that represented more than 10% of the trade accounts receivable balance. Our ten largest customers represented approximately 27% of our revenues in fiscal year 2024. There were no customers that individually exceeded 10% of the Company's revenue in fiscal year 2024.

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 $11.5 million, $12.9 million, and $10.5 million for the fiscal years ended March 31, 2024, 2023 and 2022, 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 talent and compensation committee of the board of directors (“talent and compensation committee”) under which options and restricted stock units were outstanding as of March 31, 2024.

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.


Accounting Pronouncements Adopted During the Current Year -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
There were no material accounting pronouncements applicable to the Company.


Recent accounting pronouncements not yet adopted -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
Accounting Standard Update (“ASU”) 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures	ASU 2023-07 expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses.	The updated standard is effective for our annual periods beginning in fiscal 2025 and interim periods beginning in the first quarter of fiscal 2026. Early adoption is permitted.	We are currently evaluating the impact that the updated standard will have on our consolidated financial statement disclosures.
ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures	ASU 2023-09 requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as information on income tax paid.	The updated standard is effective for us beginning in fiscal 2026. Early adoption is permitted.	We are currently evaluating the impact that the updated standard will have on our consolidated financial statement disclosures.

OTHER ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Other Accrued Expenses [Abstract].
Liabilities of non-qualified retirement plan	$ 14,284	$ 12,110
Short-term lease liabilities	10,125	9,929
Other miscellaneous accrued expenses	18,448	13,697
Other accrued expenses	$ 42,857	$ 35,736

FOREIGN OPERATIONS (Details) - USD ($) $ in Thousands	12 Months Ended
FOREIGN OPERATIONS (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 659,661	$ 596,583	$ 528,657
Long-lived assets	629,411	458,144
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	618,526	556,219	495,765
Long-lived assets	626,639	452,555
Group Of Foreign Countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	41,135	40,364	32,892
Long-lived assets	2,772	5,589
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	34,109	32,210	26,373
Long-lived assets	1,993	1,643
Asia-Pacific ("APAC")
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	5,896	7,470	6,519
Long-lived assets	656	3,946
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	1,130	684	$ 0
Long-lived assets	$ 123	$ 0

- Definition

+ References

+ Details

INCOME TAX - Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of period	$ 21,624	$ 23,817	$ 25,026
Increases related to prior year tax positions	741	93	411
Decreases related to prior year tax positions	(246)	(522)	0
Increases related to current year tax positions	1,179	2,229	990
Settlements with taxing authorities	0	(166)	0
Lapse of statute of limitations	(376)	(3,827)	(2,610)
Balance at end of period	$ 22,922	$ 21,624	$ 23,817

ACQUISITIONS - Components of Intangible Assets Acquired and Their Estimated Useful Lives as of Acquisition Date (Details) - Habu $ in Thousands	Jan. 31, 2024 USD ($)
Business Acquisition [Line Items]
Intangible assets	$ 33,500
Developed technology
Business Acquisition [Line Items]
Intangible assets	$ 30,000
Useful life	3 years
Customer relationships
Business Acquisition [Line Items]
Intangible assets	$ 3,000
Useful life	3 years
Trade names
Business Acquisition [Line Items]
Intangible assets	$ 500
Useful life	1 year

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Restricted Stock Awards (Details) - USD ($) $ in Millions		12 Months Ended
	Jan. 31, 2024	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Habu
Share-based compensation
Pre-combination service		$ 0.3
Total fair value of the replacement stock options issued	$ 25.0	7.5
Restricted Stock
Share-based compensation
Vested in period, fair value		$ 0.0	$ 0.6	$ 0.8
Restricted Stock \| Habu
Share-based compensation
Conversion of convertible securities (in shares)		36,118
Conversion of convertible securities		$ 1.4
Pre-combination service		0.1
Total fair value of the replacement stock options issued		$ 1.3
Restricted Stock \| Diablo.AI, Inc.
Share-based compensation
Conversion of convertible securities (in shares)				40,600
Conversion of convertible securities				$ 1.9

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 1D
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480483/718-10-35-1D

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480483/718-10-35-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(ii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(01)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(02)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(01)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(02)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iv)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(v)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Other Liabilities Disclosure [Abstract]
Uncertain tax positions	$ 25,289	$ 23,427
Long-term lease liabilities	32,097	37,243
Lease restructuring accruals and related sublease deposits	3,957	5,713
Deferred tax liabilities	224	298
Other	4,165	5,117
Other liabilities	$ 65,732	$ 71,798

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS

12 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS:

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.

The following table details the fair value measurements within the fair value hierarchy of the Company's financial assets and liabilities at March 31, 2024 and March 31, 2023 that are measured at fair value on a recurring basis (dollars in thousands):


	March 31, 2024
	Cash and Cash Equivalents		Short-Term Investments		Other Current Assets		Total
Cash	$	33,224	$	—	$	—	$	33,224
Level 1:
Money market funds	303,643		—		—		303,643
Assets of non-qualified retirement plan	—		—		14,284		14,284
U.S. Treasury securities	—		24,545		—		24,545
Certificates of deposit	—		7,500		—		7,500
Total	$	336,867	$	32,045	$	14,284	$	383,196


	March 31, 2023
	Cash and Cash Equivalents		Short-Term Investments		Other Current Assets		Total
Cash	$	22,603	$	—	$	—	$	22,603
Level 1:
Money market funds	439,853		—		—		439,853
Assets of non-qualified retirement plan	—		—		12,110		12,110
U.S. Treasury securities	1,992		25,307		—		27,299
Certificates of deposit	—		7,500		—		7,500
Total	$	464,448	$	32,807	$	12,110	$	509,365

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

The Company held $2.7 million and $1.6 million of strategic investments without readily determinable fair values at March 31, 2024 and March 31, 2023, respectively (see Note 7). Strategic investments consist of non-controlling equity investments in privately held companies. These investments are accounted for under the cost method of accounting and are included in other assets on the consolidated balance sheets. There were no impairment charges during fiscal 2024. During fiscal 2023, the Company recorded a $4.0 million impairment of a strategic investment that is recorded in other expense in the consolidated statements of operations.

Certain of the Company's non-financial assets were measured at fair value on a nonrecurring basis during fiscal years 2024 and 2023, respectively, including property and equipment and right-of-use assets that were reduced to fair value when they were impaired as a result of the Company's lease-related restructuring plans and goodwill that was reduced to fair value related to the restructuring of operations in the APAC region. For additional information on the Company's fair value measurement in connection with the impairment of certain property and equipment and right-of-use assets associated with office facilities, see Note 4. For additional information on the Company's fair value measurement in connection with the impairment of goodwill, see Note 9.

- 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 - Finite-Lived Intangible Assets (Details)	12 Months Ended
	Mar. 31, 2024
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life (years)	2 years 7 months 6 days
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Useful Life (years)	2 years 7 months 6 days

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, 2024	Mar. 31, 2023	Mar. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 9,344	$ 9,961	$ 7,617
Additions (reductions) charged to costs and expenses	2,254	1,776	4,217
Other changes	755	10	(3)
Bad debts written off, net of amounts recovered	(3,154)	(2,403)	(1,870)
Balance at end of period	$ 9,199	$ 9,344	$ 9,961

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Other Stock Compensation Activity (Details) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
	Jan. 31, 2024 USD ($) numberOfExerciseMultiple	Dec. 31, 2023 USD ($)	Mar. 31, 2024 USD ($) $ / shares shares	Mar. 31, 2023 USD ($) $ / shares shares	Mar. 31, 2022 USD ($) $ / shares shares	Mar. 31, 2021 USD ($) numberOfAnnualIncrement
Share-based compensation
Future expense for performance stock option units			$ 152,157
Accumulated other comprehensive income (loss), foreign currency translation adjustment			$ 4,000	$ 4,500
Employee stock purchase plan
Share-based compensation
Stock purchase offering period			6 months
Exercise price as a percentage of the per-share market value of the Company's shares at the date of grant			85.00%
Share-based compensation expense			$ 1,666	$ 2,051	$ 1,803
Stock issued during period, ESPP (in shares) \| shares			216,699	197,255	103,447
Shares issued, price per share (in dollars per share) \| $ / shares			$ 19.76	$ 20.38	$ 41.44
Stock issued during period, ESPP, value			$ 4,300	$ 4,000	$ 4,300
Future expense for performance stock option units			300
Employee stock purchase plan \| Qualified Employee Stock Purchase Plan
Share-based compensation
Share-based compensation expense			1,700	$ 2,100	$ 1,800
Habu
Share-based compensation
Non-cash stock-based compensation expense			800
Business combination, contingent consideration, liability, expected costs			4,900
Holdback consideration transferred	$ 14,600
Habu \| Consideration holdback
Share-based compensation
Business combination, contingent consideration arrangements, number of annual increments \| numberOfExerciseMultiple	3
Habu \| Accrued Liabilities
Share-based compensation
Business combination, contingent consideration, liability			$ 800
DataFleets, Ltd
Share-based compensation
Holdback consideration transferred						$ 18,100
Holdback expenses, expected costs		$ 2,600
DataFleets, Ltd \| Consideration holdback
Share-based compensation
Business combination, contingent consideration arrangements, number of annual increments \| numberOfAnnualIncrement						3

OTHER CURRENT AND NONCURRENT ASSETS - Schedule of Other Current and Noncurrent Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Other current assets
Prepaid expenses and other	$ 17,398	$ 18,918
Assets of non-qualified retirement plan	14,284	12,110
Other current assets	31,682	31,028
Other noncurrent assets
Long-term prepaid revenue share	4,714	9,659
Right-of-use assets	24,471	24,604
Deferred tax asset	1,636	1,253
Deposits	3,125	3,452
Strategic investments	2,700	1,600
Other miscellaneous noncurrent assets	102	477
Other assets, net	$ 36,748	$ 41,045

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 2.7	$ 4.0	$ 5.4

ACQUISITIONS

12 Months Ended

Mar. 31, 2024

Business Combination and Asset Acquisition [Abstract]

ACQUISITIONS

ACQUISITIONS:

Habu

On January 31, 2024, the Company completed the acquisition of Habu, a data clean room software provider that works with global brands and companies to securely share first-party customer data with business partners and publishers to enable more effective and personalized marketing. This acquisition empowers the Company to deliver scale and simplicity to our customers. Through our combined offering, companies will have one, simple platform to measure campaigns across all walled gardens, programmatic, and media channels while connecting data seamlessly across any cloud, warehouse, or clean room. The results of operations for Habu since the closing date have been included in the Company's consolidated financial statements for the fiscal year ended March 31, 2024. The acquisition date fair value of the consideration for Habu was approximately $173.4 million, which consisted of the following (dollars in thousands):


Cash, net of $971 cash acquired	$	170,281
Restricted cash held in escrow	2,600
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	$	493
Total fair value of consideration transferred	$	173,374

On the acquisition date, the Company delivered $2.6 million of cash to an escrow agent according to the terms of the merger agreement. The principal escrow is owned by the Company until funds are delivered to the Habu sellers one year from the acquisition date. All interest and earnings on the principal escrow amount remain the property of the Company.

The aggregate acquisition-date fair value of merger consideration with respect to assumed unvested stock options, restricted stock shares and restricted stock units was approximately $25.5 million. Of the $25.5 million acquisition-date fair value, $0.5 million was attributed to pre-combination service related to the options and restricted shares and treated as a component of purchase consideration transferred. The remaining $25.0 million is considered future compensation cost and will be recognized as stock-based compensation cost over the remaining service period of the replacement options and restricted shares.

In connection with the Habu acquisition, $14.6 million of the acquisition-date fair value of merger consideration otherwise payable with respect to incentive compensation and shares of Habu common stock held by certain key employees were 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 January 31, 2024 closing date. Vesting is subject to the Habu key employees' continued employment through each annual vesting date and will be settled in cash, shares of Company common stock, or any combination of cash and Company common stock, at the Company's discretion. As a result, the consideration holdback is not considered part of the purchase price but rather is considered future compensation cost and will be recognized as stock-based compensation cost over the three-year earning period.

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date

of acquisition (dollars in thousands):


	January 31, 2024
Assets acquired:
Cash	$	971
Goodwill	141,641
Intangible assets	33,500
Other current and noncurrent assets	3,815
Total assets acquired	179,927
Accounts payable and accrued expenses	(1,460)
Deferred revenue	(3,573)
Other current and noncurrent liabilities	(549)
Net assets acquired	174,345
Less:
Cash acquired	(971)
Net purchase price allocated	173,374
Less:
Restricted cash held in escrow	(2,600)
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	(493)
Net cash paid in acquisition	170,281

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 Company 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, 2024, 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 as soon as practicable.

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	$	30,000	3
Customer relationships	3,000		3
Trade names	500		1
Total intangible assets	$	33,500

The Company has omitted pro forma disclosures related to this acquisition date as the pro forma effect of this

acquisition is not material.

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). The technology asset is a cloud-agnostic customer data analytics platform that is deployed direct in the customer's data warehouse. The purchased technology has been embedded into the Company's platform, enabling us to provide a single, unified segmentation solution and enable our customers 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 is being amortized over a period of three years based on its estimated useful life.

In connection with the acquisition, the Company extended employment agreements and granted $2.6 million of restricted stock units to two key Rakam employees that were recorded as non-cash stock compensation. The restricted stock units vest over four years and were 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). The acquisition also included $1.9 million of assumed restricted stock awards that are recorded as non-cash stock compensation over a period of three years. Diablo's technology has been embedded into our unified platform and plays an integral role in our global identity capability. The Company omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition was 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	6,807
Intangible assets	3,500
Total assets acquired	10,438
Deferred income taxes	(505)
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

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	$ 71,304	$ 125,800	$ 87,257
Cost of revenue
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	3,553	6,317	4,111
Research and development
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	27,189	55,407	32,112
Sales and marketing
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	18,948	29,429	28,586
General and administrative
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	$ 21,614	$ 34,647	$ 22,448

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Non-vested Performance-based Restricted Stock Unit Activity (Details) - Restricted stock units - $ / shares	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Time Based Vesting
Non-vested restricted stock unit activity, Number of Shares
Outstanding at the beginning of the period (in shares)	4,009,759
Granted (in shares)	1,783,478	4,352,078	3,037,440
Units vested under the Company's March 2023 acceleration plan (in shares)	410,853
Vested (in shares)	(1,366,265)
Forfeited or cancelled (in shares)	(436,312)
Outstanding at the end of the period (in shares)	4,401,513	4,009,759
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)	$ 32.57
Granted (in dollars per share)	27.26
Vested (in dollars per share)	32.20
Units vested under the Company's March 2023 acceleration plan (in dollars per share)	39.48
Forfeited or cancelled (in dollars per share)	33.32
Outstanding at the end of the period (in dollars per share)	$ 31.10	$ 32.57
Weighted average remaining contractual term (in years)	1 year 7 months 20 days	2 years 2 months 12 days
Performance stock
Non-vested restricted stock unit activity, Number of Shares
Outstanding at the beginning of the period (in shares)	709,589
Granted (in shares)	666,496		249,152
Vested (in shares)	(57,114)
Forfeited or cancelled (in shares)	(223,223)
Outstanding at the end of the period (in shares)	1,095,748	709,589
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)	$ 34.97
Granted (in dollars per share)	31.58
Vested (in dollars per share)	47.12
Forfeited or cancelled (in dollars per share)	40.46
Outstanding at the end of the period (in dollars per share)	$ 31.15	$ 34.97
Weighted average remaining contractual term (in years)	1 year 7 months 9 days	1 year 4 months 17 days

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - (Tables)

12 Months Ended

Mar. 31, 2024

Equity [Abstract]

Schedule of Stock-based Compensation Activity, by Award Type

The Company's stock-based compensation activity for fiscal years 2024, 2023, and 2022, by award type, was (dollars in thousands):



	For the twelve months ended March 31,
	2024		2023		2022
Stock options	$	1,014	$	968	$	1,935

Restricted stock units, time-vesting	56,583		105,147		49,217
Restricted stock units, performance based	7,403		6,796		6,791
Diablo restricted stock awards	—		1,126		794
Habu restricted stock awards	144		—		—

Data Plus Math ("DPM") acquisition consideration holdback	—		2,031		8,122
Pacific Data Partners assumed performance plan	—		—		9,101
Acuity performance plan	165		815		1,912
DataFleets acquisition consideration holdback	2,266		5,611		6,043
Habu acquisition consideration holdback	813		—		—
Employee stock purchase plan	1,666		2,051		1,803
Directors stock-based compensation	1,250		1,255		1,539
Total non-cash stock-based compensation included in the consolidated statements of operations	71,304		125,800		87,257
Less expense related to liability-based equity awards	(3,247)		(8,449)		(16,077)

Total non-cash stock-based compensation included in the consolidated statements of equity	$	68,057	$	117,351	$	71,180

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,
	2024		2023		2022
Cost of revenue	$	3,553	$	6,317	$	4,111
Research and development	27,189		55,407		32,112
Sales and marketing	18,948		29,429		28,586
General and administrative	21,614		34,647		22,448
Total non-cash stock-based compensation included in the consolidated statements of operations	$	71,304	$	125,800	$	87,257

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, 2024, by award type (dollars in thousands).


	For the years ending
	2025		2026		2027		2028		Total
Stock options	$	3,260	$	2,488	$	1,251	$	102	$	7,101
Restricted stock units	83,397		36,461		9,900		—		129,758
Habu restricted stock awards	857		273		6		—		1,136
Habu acquisition consideration holdback	4,879		4,879		4,067		—		13,825
Employee stock purchase plan	337		—		—		—		337
Expected future expense	$	92,730	$	44,101	$	15,224	$	102	$	152,157

Schedule of Option Activity

Stock option activity for the fiscal year ended March 31, 2024 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, 2023	524,911	$	18.39
Habu replacement stock options issued	252,364	$	8.91
Exercised	(152,743)	$	19.24		$	898
Forfeited or canceled	(2,410)	$	5.21
Outstanding at March 31, 2024	622,122	$	14.39	4.0	$	12,213
Exercisable at March 31, 2024	388,741	$	17.67	1.3	$	6,354

Schedule of Stock Options Outstanding and Exercisable

A summary of stock options outstanding and exercisable as of March 31, 2024 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	274,869	8.2 years	$	8.26	41,488	$	4.58
$	10.00	—	$	19.99	182,603	1.1 years	$	17.49	182,603	$	17.49
$	20.00	—	$	24.99	164,650	0.3 years	$	21.18	164,650	$	21.18

					622,122	4.0 years	$	14.39	388,741	$	17.67

Schedule of Changes in Restricted Stock

Restricted stock share activity for the fiscal year ended March 31, 2024 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, 2023	—	$	—
Habu replacement restricted stock award	36,118	$	39.48
Vested	—	$	—
Unvested restricted stock awards at March 31, 2024	36,118	$	39.48	1.3 years

Schedule of Time-vesting Restricted Stock Unit Activity

RSU activity for the fiscal year ended March 31, 2024 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2023	4,009,759	$	32.57	2.20
Granted	1,783,478	$	27.26
Habu replacement restricted stock units	410,853	$	39.48
Vested	(1,366,265)	$	32.20
Forfeited or canceled	(436,312)	$	33.32
Outstanding at March 31, 2024	4,401,513	$	31.10	1.64

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

PSU activity for the fiscal year ended March 31, 2024 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2023	709,589	$	34.97	1.38
Granted	666,496	$	31.58

Vested	(57,114)	$	47.12

Forfeited or canceled	(223,223)	$	40.46
Outstanding at March 31, 2024	1,095,748	$	31.15	1.61

COMMITMENTS AND CONTINGENCIES - Narrative (Details) $ in Millions	Mar. 31, 2024 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	$ 25.3

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES - Narrative (Details) $ in Thousands	9 Months Ended	12 Months Ended				21 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($) leasedOfficeSpace	Mar. 31, 2022 USD ($)	Mar. 31, 2021 USD ($)	Mar. 31, 2024 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments		$ 4,227	$ 7,792	$ (19)
ROU asset group impairments and adjustments	$ 24,600	1,946	24,599	$ 0
Operating lease, ROU asset, impairment loss		1,700	20,500
Leasehold improvements	$ 4,100	200	$ 4,100			$ 200
Number of leased office space exited \| leasedOfficeSpace			8
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments		4,200	$ 7,800		$ 1,700
Employee Severance \| Restructuring Activity 2021
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		200				200
Employee Severance \| Restructuring Activity 2024
Restructuring Cost and Reserve [Line Items]
Restructuring reserve		1,400				1,400
Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments						2,800
Restructuring reserve related charges			$ 2,900
Restructuring reserve		1,700				1,700
Facility Closing \| Restructuring Activity 2017
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments		7,300
Restructuring reserve		1,300				$ 1,300
United States and Asia Pacific \| Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring reserve related charges		4,000
United States and Europe \| Employee Severance \| Restructuring Activity 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments		$ 200
United States
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			5
United States \| Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring reserve related charges					$ 1,700
Boston
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			1
Philadelphia
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			1
Phoenix
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			1
San Francisco
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			2
Europe
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			3
The Netherlands
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			1
London, England
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			1
Paris, France
Restructuring Cost and Reserve [Line Items]
Number of leased office space exited \| leasedOfficeSpace			1

ACQUISITIONS - Narrative (Details) $ in Thousands				12 Months Ended
ACQUISITIONS - Narrative (Details) $ in Thousands	Jan. 31, 2024 USD ($) numberOfExerciseMultiple	Dec. 13, 2021 USD ($) shares	Apr. 21, 2021 USD ($)	Mar. 31, 2024 USD ($)
Rakam consideration holdback
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 consideration holdback \| Restricted stock units
Business Acquisition [Line Items]
Vesting period		4 years
Granted (in shares) \| shares		2,600,000
Habu
Business Acquisition [Line Items]
Restricted cash held in escrow	$ 2,600
Assumed restricted stock awards	25,500
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	493
Total fair value of the replacement stock options issued	25,000			$ 7,500
Holdback consideration transferred	$ 14,600
Vesting period	3 years
Habu \| Consideration holdback
Business Acquisition [Line Items]
Business combination, contingent consideration arrangements, number of annual increments \| numberOfExerciseMultiple	3
Diablo.AI, Inc.
Business Acquisition [Line Items]
Assumed restricted stock awards			$ 1,900
Holdback consideration transferred			$ 1,200
Vesting period			3 years
Payments to acquire businesses, gross			$ 9,700

ACQUISITIONS - Acquisition Date Fair Value of Consideration (Details) - USD ($) $ in Thousands		12 Months Ended
	Jan. 31, 2024	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Business Acquisition [Line Items]
Cash, net of $971 cash acquired		$ 170,281	$ 0	$ 19,107
Habu
Business Acquisition [Line Items]
Cash acquired	$ 971
Cash, net of $971 cash acquired	170,281
Restricted cash held in escrow	2,600
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	493
Total fair value of consideration transferred	$ 173,374

INCOME TAX - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAX - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Income Tax Examination [Line Items]
Deferred tax assets, valuation allowance	$ 81,284	$ 61,152
Gross unrecognized tax benefits	22,922	$ 21,624	$ 23,817	$ 25,026
Gross unrecognized tax benefits that would impact effective tax rate	19,500
Accrued interest and penalties related to tax positions on tax returns	6,400
Increase in accrued interest and penalties related to tax positions on tax returns	1,600
Federal tax authority
Income Tax Examination [Line Items]
Operating loss carryforwards	35,200
Credit carryforwards that will not expire	16,600
Tax credit carryforward, amount	800
State and Local Jurisdiction
Income Tax Examination [Line Items]
Operating loss carryforwards	130,700
Tax credit carryforward, amount	12,600
Foreign Tax Authority
Income Tax Examination [Line Items]
Foreign net operating loss carryforwards	94,700
Deferred tax assets, valuation allowance	21,600
Tax Year 2021
Income Tax Examination [Line Items]
Income tax examination, refund adjustment from settlement with taxing authority				$ 29,000
Tax Year 2020
Income Tax Examination [Line Items]
Income tax examination, refund adjustment from settlement with taxing authority					$ 33,000
Indefinite Tax Year
Income Tax Examination [Line Items]
Foreign net operating loss carryforwards	83,200
Indefinite Tax Year \| State and Local Jurisdiction
Income Tax Examination [Line Items]
Tax credit carryforward, amount	$ 10,900

FOREIGN OPERATIONS (Tables)

12 Months Ended

Mar. 31, 2024

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):


	For the twelve months ended March 31,
Revenue	2024		2023		2022
United States	$	618,526	$	556,219	$	495,765
Foreign
Europe	34,109		32,210		26,373
APAC	5,896		7,470		6,519
Other	1,130		684		—
All Foreign	41,135		40,364		32,892

	$	659,661	$	596,583	$	528,657

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


	March 31,
	2024		2023
United States	$	626,639	$	452,555
Foreign
Europe	1,993		1,643
APAC	656		3,946
Other	123		—
All Foreign	2,772		5,589

	$	629,411	$	458,144

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

12 Months Ended

Mar. 31, 2024

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	2024		2023		2022
United States	$	618,526	$	556,219	$	495,765
Europe	34,109		32,210		26,373
Asia-Pacific ("APAC")	5,896		7,470		6,519
Other	1,130		684		—
	$	659,661	$	596,583	$	528,657

Major Offerings/Services
Subscription	$	513,641	$	482,807	$	428,617
Marketplace and Other	146,020		113,776		100,040
	$	659,661	$	596,583	$	528,657

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Stock-based Compensation Expense and Stock Options Activity (Details) - Restricted stock units - Share-based Payment Arrangement, Tranche Three shares in Millions, $ in Millions	1 Months Ended
	Mar. 31, 2023 USD ($) shares
Share-based compensation
Forfeited in period (in shares) \| shares	1.5
Compensation costs	$ 22.6
Incremental compensation cost	0.4
Accelerated original grant date fair value compensation cost	$ 22.1

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

DISCONTINUED OPERATIONS	12 Months Ended
DISCONTINUED OPERATIONS	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS: Acxiom Marketing Solutions ("AMS") business During fiscal 2019, the Company completed the sale of its Acxiom Marketing Solutions ("AMS") business, and the business qualified for treatment as discontinued operations. Significant income taxes were incurred and paid on the gain from the sale of AMS. During fiscal 2024 and 2023, the Company recovered $1.8 million and $5.4 million, respectively, net of tax and fees, of certain previously paid state income taxes arising from the sale of AMS.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 11,881	$ (118,702)	$ (33,833)
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(540)	(1,226)	(1,792)
Comprehensive income (loss)	$ 11,341	$ (119,928)	$ (35,625)

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-3

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480175/815-40-65-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-8

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-9

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-11

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-4

Reference 13: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-10

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483581/946-220-45-7

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B

Reference 32: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-7

Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482740/230-10-45-28

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

RETIREMENT PLANS (Details) - USD ($) $ in Thousands	12 Months Ended
RETIREMENT PLANS (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
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	$ 12,100	$ 11,600	$ 10,100
Liabilities of non-qualified retirement plan	14,284	12,110
Supplemental Non-Qualified Deferred Compensation Plan
Defined Contribution Plan Disclosure [Line Items]
Assets of non-qualified retirement plan	14,300	12,100
Liabilities of non-qualified retirement plan	$ 14,300	$ 12,100

INCOME TAX - Allocated Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Continuing operations	$ 24,270	$ 5,252	$ (1,242)
Discontinued operations	(2,332)	(7,070)	0
Total	$ 21,938	$ (1,818)	$ (1,242)

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-10

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.7)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482659/740-20-45-2

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 3A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483475/205-20-45-3A

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-5B

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5C
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-5C

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 3B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483475/205-20-45-3B

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483475/205-20-45-4

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483499/205-20-50-1

+ Details

- Definition

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

+ References + Details

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES - Gains, Losses and Other Items (Details) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Restructuring and Related Activities [Abstract]
Employee-related restructuring plan charges			$ 4,227,000	$ 7,792,000	$ (19,000)
Lease-related restructuring plan charges and adjustments			(148,000)	2,946,000	0
Early contract terminations			0	0	1,042,000
ROU asset group impairments and adjustments		$ 24,600,000	1,946,000	24,599,000	0
Goodwill impairment	$ 2,900,000		2,875,000	0	0
Other			13,000	0	0
Acquisition related costs			2,795,000	(21,000)	456,000
Total gains, losses and other items, net			$ 11,708,000	$ 35,316,000	$ 1,479,000

OTHER CURRENT AND NONCURRENT ASSETS

12 Months Ended

Mar. 31, 2024

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

OTHER CURRENT AND NONCURRENT ASSETS

OTHER CURRENT AND NONCURRENT ASSETS:

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


	March 31, 2024		March 31, 2023
Prepaid expenses and other	$	17,398	$	18,918


Assets of non-qualified retirement plan	14,284		12,110
Other current assets	$	31,682	$	31,028

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


	March 31, 2024		March 31, 2023
Long-term prepaid revenue share	$	4,714	$	9,659
Right-of-use assets (see Note 3)	24,471		24,604
Deferred tax asset	1,636		1,253
Deposits	3,125		3,452
Strategic investments	2,700		1,600
Other miscellaneous noncurrent assets	102		477
Other assets, net	$	36,748	$	41,045

During fiscal 2023, the Company became aware of a pending sale and the proposed value of the transaction related to one of our strategic investments. As a result, the Company recorded a $4.0 million impairment that is recorded in other expense in the consolidated statement of operations.

In conjunction with the fiscal 2016 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. During fiscal 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 disposition of this retained profits interest.

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Narrative (Details) - USD ($)	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2023	Dec. 20, 2022	Sep. 30, 2022	Jun. 30, 2022
Share-based compensation
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par or stated value (in dollars per share)	$ 0.10	$ 0.10
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, par or stated value (in dollars per shares)	$ 1.00	$ 1.00
Acquisition of treasury stock	$ 60,502,000	$ 149,997,000	$ 58,621,000
Treasury stock, at cost (in shares)	89,700,000	87,400,000
Treasury stock, at cost	$ 2,318,371,000	$ 2,252,034,000
Dividends, common stock	$ 0
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares)		42,400,000		46,400,000			37,900,000
Number of available shares (in shares)	4,000,000	4,500,000
Employee stock purchase plan
Share-based compensation
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares)						1,400,000	400,000
Number of available shares (in shares)	1,000,000
Share-based compensation expense	$ 1,666,000	$ 2,051,000	$ 1,803,000
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)	49,000,000	45,000,000		49,000,000		45,000,000	39,500,000
Shares which remained available for future grants (in shares)	6,800,000
Stock Option and Equity Compensation Plans \| Employee stock purchase plan
Share-based compensation
Shares which remained available for future grants (in shares)	900,000
2005 Plan
Share-based compensation
Duration of stock options granted		5 years
Share-based compensation expense		$ 5,400,000
Common Stock Repurchase Program
Share-based compensation
Stock repurchase program, authorized amount	$ 1,100,000,000				$ 100,000,000
Acquisition of treasury stock (in shares)	2,100,000	6,100,000	1,300,000
Acquisition of treasury stock	$ 60,500,000	$ 150,000,000	$ 58,600,000
Treasury stock, at cost (in shares)	37,700,000
Treasury stock, at cost	$ 942,700,000
Stock repurchase program, remaining amount	$ 157,300,000

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Stock-based Compensation Activity, by Award Type (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	$ 71,304	$ 125,800	$ 87,257
Total non-cash stock-based compensation included in the consolidated statements of equity	68,057	117,351	71,180
Stock options
Share-based compensation
Share-based compensation expense	1,014	968	1,935
Restricted stock units \| Time-Vesting
Share-based compensation
Share-based compensation expense	56,583	105,147	49,217
Restricted stock units \| Performance Based Vesting
Share-based compensation
Share-based compensation expense	7,403	6,796	6,791
Restricted stock units \| Diablo.AI, Inc.
Share-based compensation
Share-based compensation expense	0	1,126	794
Restricted stock units \| Habu
Share-based compensation
Share-based compensation expense	144	0	0
Consideration holdback \| Habu
Share-based compensation
Share-based compensation expense	813	0	0
Consideration holdback \| Data Plus Math Corporation
Share-based compensation
Share-based compensation expense	0	2,031	8,122
Consideration holdback \| DataFleets, Ltd
Share-based compensation
Share-based compensation expense	2,266	5,611	6,043
Pacific Data Partners, LLC Agreement Plan \| Pacific Data Partners LLC
Share-based compensation
Share-based compensation expense	0	0	9,101
Acuity performance plan \| Acuity Data
Share-based compensation
Share-based compensation expense	165	815	1,912
Employee stock purchase plan
Share-based compensation
Share-based compensation expense	1,666	2,051	1,803
Directors stock-based compensation
Share-based compensation
Share-based compensation expense	1,250	1,255	1,539
Liability-based equity awards
Share-based compensation
Total non-cash stock-based compensation included in the consolidated statements of operations	$ (3,247)	$ (8,449)	$ (16,077)

- Details

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

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Millions	12 Months Ended
DISCONTINUED OPERATIONS (Details) - USD ($) $ in Millions	Mar. 31, 2024	Mar. 31, 2023
Discontinued Operations \| Acxiom Marketing Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Tax adjustments, settlements, and unusual provisions	$ 1.8	$ 5.4

ACQUISITIONS (Tables)

12 Months Ended

Mar. 31, 2024

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

The acquisition date fair value of the consideration for Habu was approximately $173.4 million, which consisted of the following (dollars in thousands):


Cash, net of $971 cash acquired	$	170,281
Restricted cash held in escrow	2,600
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	$	493
Total fair value of consideration transferred	$	173,374

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed as of the date

of acquisition (dollars in thousands):


	January 31, 2024
Assets acquired:
Cash	$	971
Goodwill	141,641
Intangible assets	33,500
Other current and noncurrent assets	3,815
Total assets acquired	179,927
Accounts payable and accrued expenses	(1,460)
Deferred revenue	(3,573)
Other current and noncurrent liabilities	(549)
Net assets acquired	174,345
Less:
Cash acquired	(971)
Net purchase price allocated	173,374
Less:
Restricted cash held in escrow	(2,600)
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	(493)
Net cash paid in acquisition	170,281

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	6,807
Intangible assets	3,500
Total assets acquired	10,438
Deferred income taxes	(505)
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

Schedule of 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	$	30,000	3
Customer relationships	3,000		3
Trade names	500		1
Total intangible assets	$	33,500

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Schedule of Stock Option Activity (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Mar. 31, 2024 USD ($) $ / shares shares
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares) \| shares	524,911
Grants in period (in shares) \| shares	252,364
Exercised (in shares) \| shares	(152,743)
Forfeited or cancelled (in shares) \| shares	(2,410)
Outstanding at end of the period (in shares) \| shares	622,122
Exercisable at the end of the period (in shares) \| shares	388,741
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share) \| $ / shares	$ 18.39
Grants in period (in dollars per share) \| $ / shares	8.91
Exercised (in dollars per share) \| $ / shares	19.24
Forfeited or cancelled (in dollars per share) \| $ / shares	5.21
Outstanding at the end of the period (in dollars per share) \| $ / shares	14.39
Exercisable at the end of the period (in dollars per share) \| $ / shares	$ 17.67
Weighted average remaining contractual term	4 years
Exercisable at the end of the period	1 year 3 months 18 days
Exercised \| $	$ 898
Outstanding at the end of the period \| $	12,213
Exercisable at the end of the period \| $	$ 6,354

REVENUE FROM CONTRACTS WITH CUSTOMERS

12 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

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	2024		2023		2022
United States	$	618,526	$	556,219	$	495,765
Europe	34,109		32,210		26,373
Asia-Pacific ("APAC")	5,896		7,470		6,519
Other	1,130		684		—
	$	659,661	$	596,583	$	528,657

Major Offerings/Services
Subscription	$	513,641	$	482,807	$	428,617
Marketplace and Other	146,020		113,776		100,040
	$	659,661	$	596,583	$	528,657

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 $566.1 million as of March 31, 2024, of which $414.3 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, 2028.

- 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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-15

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-13

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//606/tableOfContent

+ Details

OTHER ACCRUED EXPENSES (Tables)

12 Months Ended

Mar. 31, 2024

Other Accrued Expenses [Abstract].

Schedule of Other Accrued Expenses

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


	March 31, 2024		March 31, 2023
Liabilities of non-qualified retirement plan	$	14,284	$	12,110
Short-term lease liabilities (see Note 3)	10,125		9,929







Other miscellaneous accrued expenses	18,448		13,697
Other accrued expenses	$	42,857	$	35,736

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value


	March 31, 2024
	Cash and Cash Equivalents		Short-Term Investments		Other Current Assets		Total
Cash	$	33,224	$	—	$	—	$	33,224
Level 1:
Money market funds	303,643		—		—		303,643
Assets of non-qualified retirement plan	—		—		14,284		14,284
U.S. Treasury securities	—		24,545		—		24,545
Certificates of deposit	—		7,500		—		7,500
Total	$	336,867	$	32,045	$	14,284	$	383,196


	March 31, 2023
	Cash and Cash Equivalents		Short-Term Investments		Other Current Assets		Total
Cash	$	22,603	$	—	$	—	$	22,603
Level 1:
Money market funds	439,853		—		—		439,853
Assets of non-qualified retirement plan	—		—		12,110		12,110
U.S. Treasury securities	1,992		25,307		—		27,299
Certificates of deposit	—		7,500		—		7,500
Total	$	464,448	$	32,807	$	12,110	$	509,365

FOREIGN OPERATIONS

12 Months Ended

Mar. 31, 2024

Segments, Geographical Areas [Abstract]

FOREIGN OPERATIONS

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):


	For the twelve months ended March 31,
Revenue	2024		2023		2022
United States	$	618,526	$	556,219	$	495,765
Foreign
Europe	34,109		32,210		26,373
APAC	5,896		7,470		6,519
Other	1,130		684		—
All Foreign	41,135		40,364		32,892

	$	659,661	$	596,583	$	528,657

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


	March 31,
	2024		2023
United States	$	626,639	$	452,555
Foreign
Europe	1,993		1,643
APAC	656		3,946
Other	123		—
All Foreign	2,772		5,589

	$	629,411	$	458,144

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION

12 Months Ended

Mar. 31, 2024

Equity [Abstract]

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION:

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. There has not been any preferred stock activity in the periods presented.

On August 29, 2011, the board of directors adopted a common stock repurchase program. That program was subsequently modified and expanded, most recently on December 20, 2022, to authorize an additional $100.0 million in share repurchases and extend the term of the existing common stock repurchase program. Under the modified common stock repurchase program, the Company may purchase up to $1.1 billion of its common stock through the period ending December 31, 2024. During the fiscal year ended March 31, 2024, the Company repurchased 2.1 million shares of its common stock for $60.5 million under the stock repurchase program. During the fiscal year ended March 31, 2023, the Company repurchased 6.1 million shares of its common stock for $150.0 million under the stock repurchase program. 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. Through March 31, 2024, the Company has repurchased 37.7 million shares of its common stock for $942.7 million, leaving remaining capacity of $157.3 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, equity compensation, and stock purchase plans for which a total of 49.0 million shares of the Company’s common stock have been reserved for issuance since the inception of the plans. At March 31, 2024, there were a total of 6.8 million shares available for future grants under the plans, of which 0.9 million shares relate to the Company's qualified employee stock purchase plan.

During fiscal 2024, the board of directors voted to amend the Amended and Restated 2005 Equity Compensation Plan (the "2005 Plan") to increase the number of shares available under the plan by 4.0 million shares. The amendment received shareholder approval at the August 2023 annual shareholders' meeting (the "2023 Annual Meeting"). This increased the plan shares from 42.4 million shares at March 31, 2023 to 46.4 million shares beginning in the quarter ended September 30, 2023 and increased the total number of shares reserved for issuance since inception of all plans from 45.0 million shares at March 31, 2023 to 49.0 million shares beginning in the quarter ended September 30, 2023.

During fiscal 2023, the board of directors voted to amend the Amended and Restated 2005 Equity Compensation Plan (the "2005 Plan") to increase the number of shares available under the plan by 4.5 million shares. The amendment received shareholder approval at the August 9, 2022 annual shareholders' meeting (the "2022 Annual Meeting"), bringing the plan shares from 37.9 million shares at June 30, 2022 to 42.4 million shares beginning in the quarter ended September 30, 2022. The board of directors also voted to amend the LiveRamp Holdings, Inc. Employee Stock Purchase Plan (the "ESPP") to increase the number of shares available under the plan by 1.0 million shares. The amendment received shareholder approval at the 2022 Annual Meeting bringing the ESPP shares from 0.4 million shares at June 30, 2022 to 1.4 million shares beginning in the quarter ended September 30, 2022. These actions bring the total number of shares reserved for issuance since inception of all plans from 39.5 million shares at June 30, 2022 to 45.0 million shares beginning in the quarter ended September 30, 2022.

During fiscal 2023, the board of directors voted to further amend the Company's 2005 Plan. The 2005 Plan was amended to provide that, in the event of a participant’s retirement on or after age 65 with at least five years of service, awards held by the participant at retirement will continue to vest in accordance with their terms. This amendment to the 2005 Plan impacted stock-based compensation expense by accelerating $5.4 million of expense recognition into fiscal 2023 that would have otherwise been recognized over future reporting periods through the quarter ending December 31, 2025.

Stock-based Compensation Expense

The Company's stock-based compensation activity for fiscal years 2024, 2023, and 2022, by award type, was (dollars in thousands):



	For the twelve months ended March 31,
	2024		2023		2022
Stock options	$	1,014	$	968	$	1,935

Restricted stock units, time-vesting	56,583		105,147		49,217
Restricted stock units, performance based	7,403		6,796		6,791
Diablo restricted stock awards	—		1,126		794
Habu restricted stock awards	144		—		—

Data Plus Math ("DPM") acquisition consideration holdback	—		2,031		8,122
Pacific Data Partners assumed performance plan	—		—		9,101
Acuity performance plan	165		815		1,912
DataFleets acquisition consideration holdback	2,266		5,611		6,043
Habu acquisition consideration holdback	813		—		—
Employee stock purchase plan	1,666		2,051		1,803
Directors stock-based compensation	1,250		1,255		1,539
Total non-cash stock-based compensation included in the consolidated statements of operations	71,304		125,800		87,257
Less expense related to liability-based equity awards	(3,247)		(8,449)		(16,077)

Total non-cash stock-based compensation included in the consolidated statements of equity	$	68,057	$	117,351	$	71,180

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,
	2024		2023		2022
Cost of revenue	$	3,553	$	6,317	$	4,111
Research and development	27,189		55,407		32,112
Sales and marketing	18,948		29,429		28,586
General and administrative	21,614		34,647		22,448
Total non-cash stock-based compensation included in the consolidated statements of operations	$	71,304	$	125,800	$	87,257

In March 2023, 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 cash tax savings opportunities. This resulted in the vesting of time-vesting restricted stock units covering approximately 1.5 million shares of common stock. The Company recognized $22.6 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 in fiscal 2023. Of the $22.6 million of compensation costs, $0.4 million represented incremental compensation cost due to the modification and $22.1 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, 2024, by award type (dollars in thousands).


	For the years ending
	2025		2026		2027		2028		Total
Stock options	$	3,260	$	2,488	$	1,251	$	102	$	7,101
Restricted stock units	83,397		36,461		9,900		—		129,758
Habu restricted stock awards	857		273		6		—		1,136
Habu acquisition consideration holdback	4,879		4,879		4,067		—		13,825
Employee stock purchase plan	337		—		—		—		337
Expected future expense	$	92,730	$	44,101	$	15,224	$	102	$	152,157

Stock Options Activity

In fiscal 2024, in connection with the acquisition of Habu, the Company replaced all unvested outstanding stock options held by Habu 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 (see Note 5). In total, the Company issued 252,364 replacement options at a weighted-average exercise price of $8.91 per share. The acquisition-date fair value of the replacement stock options was $7.9 million and was determined using a binomial lattice model. Of the $7.9 million acquisition-date fair value, $0.3 million was attributed to pre-combination service and treated as a component of purchase consideration transferred. The remaining $7.5 million of 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.

Stock option activity for the fiscal year ended March 31, 2024 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, 2023	524,911	$	18.39
Habu replacement stock options issued	252,364	$	8.91
Exercised	(152,743)	$	19.24		$	898
Forfeited or canceled	(2,410)	$	5.21
Outstanding at March 31, 2024	622,122	$	14.39	4.0	$	12,213
Exercisable at March 31, 2024	388,741	$	17.67	1.3	$	6,354

The aggregate intrinsic value for options exercised in fiscal years 2024, 2023, and 2022 was $0.9 million, $3.7 million, and $4.3 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, 2024. 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, 2024 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	274,869	8.2 years	$	8.26	41,488	$	4.58
$	10.00	—	$	19.99	182,603	1.1 years	$	17.49	182,603	$	17.49
$	20.00	—	$	24.99	164,650	0.3 years	$	21.18	164,650	$	21.18

					622,122	4.0 years	$	14.39	388,741	$	17.67

Restricted Stock Awards

During fiscal 2024, in connection with the acquisition of Habu, the Company replaced the unvested outstanding restricted stock shares held by Habu employees 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 (see Note 5). The conversion calculation resulted in the issuance of 36,118 replacement restricted stock shares having an acquisition-date fair value of $1.4 million. Of the $1.4 million acquisition-date fair value, $0.1 million was attributed to pre-combination service and treated as a component of purchase consideration transferred. The remaining $1.3 million of 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 restricted stock shares.

During fiscal 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 (see Note 5). 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 was recognized as stock-based compensation cost over the vesting period of the replacement stock shares.

Restricted stock share activity for the fiscal year ended March 31, 2024 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, 2023	—	$	—
Habu replacement restricted stock award	36,118	$	39.48
Vested	—	$	—
Unvested restricted stock awards at March 31, 2024	36,118	$	39.48	1.3 years

The total fair value of restricted stock awards vested during fiscal years 2023 and 2022 was $0.6 million and $0.8 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. No restricted stock awards vested during fiscal 2024.

Restricted Stock Unit Activity

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

During fiscal 2024, the Company granted time-vesting RSUs covering 1,783,478 shares of common stock and having a fair value at the date of grant of $48.6 million. Of the RSUs granted in the current year, 999,987 vest over three years and 783,491 vest over two years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant.

During fiscal 2024, in connection with the acquisition of Habu, the Company replaced the unvested outstanding time-vesting RSUs held by Habu employees immediately prior to the acquisition with LiveRamp RSUs covering 410,853 shares of common stock having an acquisition-date fair value of $16.2 million (see Note 5). The replacement RSUs have substantially the same terms and conditions as were applicable under the original RSU agreement. The replacement RSUs vest subject to post-combination service requirements, as the awards were granted in conjunction with the closing of the acquisition. As a result, the acquisition-date fair value is considered future compensation cost and will be recognized as stock-based compensation cost over the vesting period of the replacement RSUs. At March 31, 2024, the replacement RSUs had a remaining weighted-average contractual term of 2.8 years.

During fiscal 2023, the Company granted time-vesting RSUs covering 4,352,078 shares of common stock and having a fair value at the date of grant of $107.2 million. The RSUs granted in fiscal 2023 primarily vest over three years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant.

During fiscal 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 fiscal 2022 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 2022 were units related to the Diablo and Rakam acquisitions (see Note 5). Following the closing of the Diablo acquisition, the Company granted new awards of RSUs covering 98,442 shares of common stock, and 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.

RSU activity for the fiscal year ended March 31, 2024 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2023	4,009,759	$	32.57	2.20
Granted	1,783,478	$	27.26
Habu replacement restricted stock units	410,853	$	39.48
Vested	(1,366,265)	$	32.20
Forfeited or canceled	(436,312)	$	33.32
Outstanding at March 31, 2024	4,401,513	$	31.10	1.64

The total fair value of RSUs vested during fiscal years ended March 31, 2024, 2023, and 2022 was $45.3 million, $71.5 million, and $30.3 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 2024 plan:

During fiscal 2024, the Company granted PSUs covering 666,496 shares of common stock having a fair value at the date of grant of $21.0 million. The grants were made under two separate performance plans.

Under the total shareholder return ("TSR") performance plan, units covering 199,946 shares of common stock were granted having a fair value at the date of grant of $8.4 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the talent and 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, 2023 to March 31, 2026.

Under the operating metrics performance plan, units covering 466,550 shares of common stock were granted having a fair value at the date of grant of $12.6 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 talent and 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, at the end of the performance period, based on the average attainment of annual revenue growth and EBITDA margin targets for fiscal years 2024, 2025, and 2026.

Fiscal 2023 plan:

During fiscal 2023, the Company granted PSUs covering 406,501 shares of common stock having a fair value at the date of grant of $10.0 million. The grants were made under two separate performance plans.

Under the total shareholder return ("TSR") performance plan, units covering 121,951 shares of common stock were granted having a fair value at the date of grant of $3.7 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the talent and 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, 2022 to March 31, 2025. As of March 31, 2024, 101,931 units, net of forfeitures, remain eligible for award under this plan.

Under the operating metrics performance plan, units covering 284,550 shares of common stock were granted having a fair value at the date of grant of $6.3 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 talent and 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, at the end of the performance period, based on the average attainment of annual revenue growth and EBITDA margin targets for fiscal years 2023, 2024, and 2025. As of March 31, 2024, 237,837 units, net of forfeitures, remain eligible for award under this plan.

Fiscal 2022 plans:

During fiscal 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 were eligible to vest subject to attainment of performance criteria established by the talent and compensation committee and continuous employment through the vesting date. The units could vest in a number of shares from 0% to 100% of the award, based on the attainment of key productivity metrics for the period beginning at the date of grant and continuing through December 31, 2023. Through the final measurement date at December 31, 2023, an accumulated 77% achievement, or 27,959 total units were earned and vested under this plan.

Under the fiscal 2022 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 were eligible to vest subject to attainment of market conditions established by the talent and compensation committee and continuous employment through the vesting date. The units could 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. The final performance measurement resulted in approximately 51% attainment, or 20,968 shares. The shares are expected to be delivered, and approximately 20,330 units were canceled, in the first quarter of fiscal 2025 subject to talent and compensation committee approval.

Under the fiscal 2022 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 were eligible to vest subject to attainment of performance criteria established by the talent and compensation committee and continuous employment through the vesting date. The units could 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 was 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. Through the March 31, 2024 final measurement date, an accumulated approximate 59% achievement, or 67,283 total units were earned under this plan. Of the total units earned, 58,312 shares have been delivered to participants in prior measurement periods. The remaining 8,971 units are expected to be delivered, and approximately 39,211 units were canceled, in the first quarter of fiscal 2025 subject to talent and compensation committee approval.

PSU activity for the fiscal year ended March 31, 2024 was:


		Weighted-average
		fair value per		Weighted-average
	Number	share at grant		remaining contractual
	of shares	date		term (in years)
Outstanding at March 31, 2023	709,589	$	34.97	1.38
Granted	666,496	$	31.58

Vested	(57,114)	$	47.12

Forfeited or canceled	(223,223)	$	40.46
Outstanding at March 31, 2024	1,095,748	$	31.15	1.61

The total fair value of PSUs vested in fiscal years ended March 31, 2024, 2023 and 2022 was $1.5 million, $3.0 million and $6.7 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.

Other Stock Compensation Activity

Acquisition-related Consideration Holdback

During fiscal 2024, in connection with the acquisition of Habu, $14.6 million of the acquisition consideration otherwise payable with respect to incentive compensation and shares of Habu 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 January 31, 2024 closing date. Vesting is subject to the Habu key employees' continued employment through each annual vesting date and will be settled in cash, shares of Company common stock, or any combination of cash and Company common stock, at the Company's discretion. Through March 31, 2024, the Company has recognized a total of $0.8 million as stock-based compensation expense related to the Habu consideration holdback. At March 31, 2024, the recognized, but unpaid, balance related to the Habu consideration holdback in other accrued expenses in the consolidated balance sheet was $0.8 million. The first annual settlement of $4.9 million is expected to occur in the fourth quarter of fiscal 2025 (see Note 5).

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 specified that the consideration holdback would 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 was subject to the DataFleets key employees' continued employment through each annual vesting date and would be settled in shares of Company common stock. The final annual settlement of $2.6 million was made in the third quarter of fiscal 2024.

Qualified Employee Stock Purchase Plan ("ESPP")

Under the Company's ESPP, all eligible employees are permitted to authorize payroll deductions of up to the applicable ESPP and statutory limits to purchase shares of common stock. The ESPP provides for offering periods that are generally every six months. ESPP purchases generally occur on May 31st and November 30th each year. At each purchase date, employees are able to purchase shares at 85% of the lower of (1) the closing market price per share of common stock on the employee's enrollment into the applicable offering period and (2) the closing market price per share of common stock on the purchase date.

The Company calculates the fair value of the ESPP purchase right using the Black-Scholes option-pricing model. Stock-based compensation expense associated with the ESPP was $1.7 million, $2.1 million and $1.8 million for fiscal years ended March 31, 2024, 2023, and 2022, respectively.

During fiscal 2024, 216,699 shares of common stock were purchased under the ESPP at a weighted-average price of $19.76 per share, resulting in cash proceeds of $4.3 million over the relevant offering periods. During fiscal 2023, 197,255 shares of common stock were purchased under the ESPP at a weighted-average price of $20.38 per share, resulting in cash proceeds of $4.0 million over the relevant offering periods. During fiscal 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.

At March 31, 2024, there was approximately $0.3 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 $4.0 million and $4.5 million at March 31, 2024 and March 31, 2023, respectively, reflect accumulated foreign currency translation adjustments.

INCOME TAX - Reconciliation of Deferred Tax Assets/Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Deferred tax assets:
Accrued expenses	$ 5,849	$ 5,287
Lease liabilities	10,107	11,613
Net operating loss carryforwards	30,408	22,504
Stock-based compensation	7,346	3,335
Nonqualified deferred compensation	2,809	2,797
Property and equipment	0	585
Tax credit carryforwards	9,764	7,779
Capitalized research and development	45,499	26,357
Other	1,477	253
Total deferred tax assets	113,259	80,510
Less valuation allowance	(81,284)	(61,152)
Net deferred tax assets	31,975	19,358
Deferred tax liabilities:
Prepaid expenses	(2,821)	(2,411)
Property and equipment	(1,976)	0
Right-of-use assets	(6,186)	(6,011)
Intangible assets	(7,118)	(829)
Deferred commissions	(12,098)	(9,153)
Other	(364)	0
Total deferred tax liabilities	(30,563)	(18,404)
Net deferred tax assets	$ 1,412	$ 954

INCOME TAX - Reconciliation of Expected Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Computed expected income tax expense (benefit)	$ 7,216	$ (24,959)	$ (7,366)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	2,494	(2,440)	691
Research and other tax credits	(3,012)	(4,363)	(3,107)
Nondeductible expenses	2,169	669	673
Stock-based compensation	2,013	3,486	5,576
Non-U.S. subsidiaries taxed at other rates	(1,036)	491	(364)
Adjustment to valuation allowances	14,209	33,197	2,520
Other, net	217	(829)	135
Total	$ 24,270	$ 5,252	$ (1,242)

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES (Tables)

12 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule 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, 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
Restructuring charges and adjustments	7,792		2,946		10,738
Payments	(7,080)		(1,100)		(8,180)
Balances at March 31, 2023	$	759	$	4,873	$	5,632
Restructuring charges and adjustments	4,227		(148)		4,079
Payments	(3,306)		(1,800)		(5,106)
Balances at March 31, 2024	$	1,680	$	2,925	$	4,605

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 periods presented (dollars in thousands):


	For the twelve months ended March 31,
		2024		2023		2022
Employee-related restructuring plan charges		$	4,227	$	7,792	$	(19)
Lease-related restructuring plan charges and adjustments		(148)		2,946		—
Early contract terminations		—		—		1,042
ROU asset group impairments and adjustments		1,946		24,599		—
Goodwill impairment (see Note 9)		2,875		—		—
Other		13		—		—
Acquisition related costs		2,795		(21)		$	456
		$	11,708	$	35,316	$	1,479

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES

12 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

Restructuring activities result in various costs, including asset write-offs, right of use ("ROU") asset group impairments, exit charges including severance, contract termination fees, and decommissioning and other costs.

A reconciliation of the beginning and ending restructuring liabilities is shown below for the fiscal year ended March 31, 2024. The restructuring charges and adjustments are included in gains, losses and other items, net in the consolidated statements 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, 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
Restructuring charges and adjustments	7,792		2,946		10,738
Payments	(7,080)		(1,100)		(8,180)
Balances at March 31, 2023	$	759	$	4,873	$	5,632
Restructuring charges and adjustments	4,227		(148)		4,079
Payments	(3,306)		(1,800)		(5,106)
Balances at March 31, 2024	$	1,680	$	2,925	$	4,605

Employee-related Restructuring Plans

During fiscal year ended March 31, 2024, the Company recorded a total of $4.2 million in employee-related restructuring charges and adjustments. The expense included severance and other employee-related charges in the United States, Europe, and APAC of $4.0 million and adjustments to the fiscal 2021 and fiscal 2023 employee-related restructuring plans for employees in the United States and Europe of $0.2 million. Of the fiscal 2024 employee-related restructuring plans, $1.4 million remained accrued as of March 31, 2024 and is expected to be paid out during fiscal 2025.

In fiscal 2023, the Company recorded a total of $7.8 million in employee-related restructuring charges and adjustments. The expense included severance and other employee-related charges primarily in the United States. The fiscal 2023 employee-related restructuring plans were paid out during fiscal 2023 and 2024.

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 employee-related charges of $1.7 million, $0.2 million remained accrued as of March 31, 2024 and are expected to be paid out during fiscal 2025.

Lease-related Impairments and Restructuring Plans

During fiscal year ended March 31, 2024, the Company recorded a total of $1.9 million in additional impairment charges and adjustments related to the fiscal 2023 global real estate footprint reduction initiatives. The charges primarily related to the leased office space in San Francisco and were driven by declines in the expected sublease terms and rates available in the market. The impairment charges included impairments of the operating lease ROU assets of $1.7 million, and the associated furniture, equipment, and leasehold improvements of $0.2 million.

In fiscal 2023, the Company initiated a restructuring plan to lower its operating expenses by reducing its global real estate footprint. As part of this plan, we exited a total of eight leased office spaces. Of those, five were located in the United States: one in Boston, one in Philadelphia, one in Phoenix, and two floors of leased office space in San Francisco. The three remaining spaces were located in Europe: one in the Netherlands, one floor of leased office space in London, England, and one floor of leased office space in Paris, France.

Based on a comparison of undiscounted cash flows to the ROU asset group of each exited lease, the Company determined that each of the ROU asset groups was impaired, driven largely by the difference between the existing lease terms and rates on the Company’s leases and the expected sublease terms and rates available in the market. This resulted in impairment charges totaling $24.6 million during the second, third, and fourth quarters of fiscal 2023, reflecting the excess of the ROU asset group book value over its fair value, which was determined based on estimates of future discounted cash flows and is classified as Level 3 in the fair value hierarchy. The lease impairment charges included impairments of the operating lease ROU assets of $20.5 million, and the associated furniture, equipment, and leasehold improvements of $4.1 million. Additionally, the Company recorded $2.9 million in lease-related restructuring charges and adjustments that covered other obligations related to the leased office spaces in San Francisco and Phoenix. Of the combined fiscal 2023 and 2024 lease-related restructuring charges of $2.8 million, $1.7 million remain accrued as of March 31, 2024 and will be satisfied over the remainder of the San Francisco lease term, which continues through April 2029.

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, 2024, 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, $1.3 million remained accrued at March 31, 2024.

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 periods presented (dollars in thousands):


	For the twelve months ended March 31,
		2024		2023		2022
Employee-related restructuring plan charges		$	4,227	$	7,792	$	(19)
Lease-related restructuring plan charges and adjustments		(148)		2,946		—
Early contract terminations		—		—		1,042
ROU asset group impairments and adjustments		1,946		24,599		—
Goodwill impairment (see Note 9)		2,875		—		—
Other		13		—		—
Acquisition related costs		2,795		(21)		$	456
		$	11,708	$	35,316	$	1,479

INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 8.8	$ 16.8	$ 18.7

INCOME TAX (Tables)

12 Months Ended

Mar. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Total Income Tax Expense (Benefit)

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


	For the twelve months ended March 31,
	2024		2023		2022
Continuing operations	$	24,270	$	5,252	$	(1,242)
Discontinued operations	(2,332)		(7,070)		—


	$	21,938	$	(1,818)	$	(1,242)

Schedule of Components of Income Tax Expense (Benefit)

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


	For the twelve months ended March 31,
	2024		2023		2022
Current:
U.S. Federal	$	21,014	$	6,325	$	(1,227)
Non-U.S.	662		1,086		305
State	3,384		(2,274)		1,220
	25,060		5,137		298
Deferred:
U.S. Federal	(101)		155		(895)
Non-U.S.	(387)		(83)		(608)
State	(302)		43		(37)
	(790)		115		(1,540)
Total	$	24,270	$	5,252	$	(1,242)

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):


	For the twelve months ended March 31,
	2024		2023		2022
U.S.	$	33,892	$	(122,994)	$	(37,415)
Non-U.S.	469		4,140		2,340
Total	$	34,361	$	(118,854)	$	(35,075)

Schedule of Effective Income Tax Rate Reconciliation

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


	For the twelve months ended March 31,
	2024		2023		2022
Computed expected income tax expense (benefit)	$	7,216	$	(24,959)	$	(7,366)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	2,494		(2,440)		691
Research and other tax credits	(3,012)		(4,363)		(3,107)

Nondeductible expenses	2,169		669		673

Stock-based compensation	2,013		3,486		5,576
Non-U.S. subsidiaries taxed at other rates	(1,036)		491		(364)
Adjustment to valuation allowances	14,209		33,197		2,520


Other, net	217		(829)		135
	$	24,270	$	5,252	$	(1,242)

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, 2024 and 2023 are presented below (dollars in thousands).


	March 31,
	2024		2023
Deferred tax assets:
Accrued expenses	$	5,849	$	5,287

Lease liabilities	10,107		11,613
Net operating loss carryforwards	30,408		22,504
Stock-based compensation	7,346		3,335
Nonqualified deferred compensation	2,809		2,797
Property and equipment	—		585
Tax credit carryforwards	9,764		7,779
Capitalized research and development	45,499		26,357
Other	1,477		253
Total deferred tax assets	113,259		80,510
Less valuation allowance	(81,284)		(61,152)
Net deferred tax assets	31,975		19,358
Deferred tax liabilities:
Prepaid expenses	(2,821)		(2,411)

Property and equipment	(1,976)		—
Right-of-use assets	(6,186)		(6,011)
Intangible assets	(7,118)		(829)
Deferred commissions	(12,098)		(9,153)
Other	(364)		—
Total deferred tax liabilities	(30,563)		(18,404)
Net deferred tax assets	$	1,412	$	954

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, 2024, 2023 and 2022 (dollars in thousands):


	For the twelve months ended March 31,
	2024		2023		2022
Balance at beginning of period	$	21,624	$	23,817	$	25,026
Increases related to prior year tax positions	741		93		411
Decreases related to prior year tax positions	(246)		(522)		—
Increases related to current year tax positions	1,179		2,229		990
Settlements with taxing authorities	—		(166)		—
Lapse of statute of limitations	(376)		(3,827)		(2,610)
Balance at end of period	$	22,922	$	21,624	$	23,817

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2024	Mar. 31, 2023
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)	155,900,000	154,000,000
Treasury stock, at cost (in shares)	89,700,000	87,400,000

GOODWILL - Goodwill by Geography (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Goodwill information
Goodwill	$ 501,756	$ 363,116	$ 363,845
U.S.
Goodwill information
Goodwill	$ 501,756

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482548/350-20-55-24

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-2

+ Details

ACQUISITIONS - Purchase Price Allocation Related to Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands			12 Months Ended
	Jan. 31, 2024	Apr. 21, 2021	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Business Acquisition [Line Items]
Goodwill			$ 501,756	$ 363,116	$ 363,845
Net cash paid in acquisition			$ 170,281	$ 0	$ 19,107
Habu
Business Acquisition [Line Items]
Cash	$ 971
Goodwill	141,641
Intangible assets	33,500
Other current and noncurrent assets	3,815
Total assets acquired	179,927
Accounts payable and accrued expenses	(1,460)
Deferred revenue	(3,573)
Other current and noncurrent liabilities	(549)
Net assets acquired	174,345
Cash acquired	(971)
Net purchase price allocated	173,374
Cash held back	(2,600)
Restricted cash held in escrow	(2,600)
Fair value of replacement stock options and restricted stock shares considered a component of purchase consideration transferred	(493)
Net cash paid in acquisition	$ 170,281
Diablo.AI, Inc.
Business Acquisition [Line Items]
Cash		$ 131
Goodwill		6,807
Intangible assets		3,500
Total assets acquired		10,438
Deferred income taxes		(505)
Accounts payable and accrued expenses		(65)
Net assets acquired		9,868
Cash acquired		(131)
Net purchase price allocated		9,737
Cash held back		(1,200)
Net cash paid in acquisition		$ 8,537

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($)	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Strategic investments without readily determinable fair values		$ 2,700,000	$ 1,600,000
Impairment charges		$ 0	4,000,000	$ 0
Impairment losses on strategic investment	$ 4,000,000		$ 4,000,000

RETIREMENT PLANS	12 Months Ended
RETIREMENT PLANS	Mar. 31, 2024
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 $12.1 million, $11.6 million, and $10.1 million in fiscal years ended March 31, 2024, 2023, and 2022, respectively. Included in both other current assets and other accrued liabilities are the assets and liabilities of the SNQDC Plan in the amount of $14.3 million and $12.1 million at March 31, 2024 and 2023, respectively.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480794/715-70-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480482/715-20-55-17

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//715/tableOfContent

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480126/715-20-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480266/715-60-50-3

+ Details

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Mar. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

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 reflected in the Company's consolidated financial statements and are adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertinent to a particular matter. 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, 2024. 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 $25.3 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,
	2025		2026		2027		2028		Total
Purchase commitments	$	88,432	$	17,226	$	4,606	$	3,375	$	113,639

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.

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Mar. 31, 2024

Commitments and Contingencies Disclosure [Abstract]

Schedule of Contractual Obligation, Fiscal Year Maturity


	For the years ending March 31,
	2025		2026		2027		2028		Total
Purchase commitments	$	88,432	$	17,226	$	4,606	$	3,375	$	113,639

PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

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


	March 31, 2024		March 31, 2023

Leasehold improvements	$	14,147	$	25,262
Data processing equipment	5,915		6,537
Office furniture and other equipment	5,332		7,594
	25,394		39,393
Less accumulated depreciation and amortization	(17,213)		(32,308)
Property and equipment, net of accumulated depreciation and amortization	$	8,181	$	7,085

LEASES

12 Months Ended

Mar. 31, 2024

Leases [Abstract]

LEASES

LEASES:

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



	March 31, 2024			March 31, 2023
Right-of-use assets included in other assets, net	$	24,471		$	24,604
Short-term lease liabilities included in other accrued expenses	$	10,125		$	9,929
Long-term lease liabilities included in other liabilities	$	32,097		$	37,243

Supplemental balance sheet information:
Weighted average remaining lease term	5.3 years			5.6 years
Weighted average discount rate	5.3		%	3.5		%

The Company leases its office facilities under non-cancellable operating leases that expire at various dates through fiscal 2031. 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 $9.2 million, $11.6 million, and $11.6 million for fiscal years ended March 31, 2024, 2023, and 2022, respectively.

During the fiscal year ended March 31, 2024, the Company recorded $1.9 million of right-of-use asset impairment charges included in gains, losses and other items, net in the consolidated statements of operations related to certain leased office facilities. During the fiscal 2023, the Company recorded $24.6 million of right-of-use asset impairment charges and $2.9 million of non-lease component restructuring charges that are included in gains, losses and other items, net in the consolidated statements of operations related to the exit from certain leased office facilities. Please refer to Note 4, Restructuring, Impairment and Other Charges for further details.

The following table presents future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of March 31, 2024:


	Amount
Fiscal 2025	$	10,282
Fiscal 2026	8,668
Fiscal 2027	8,265
Fiscal 2028	8,454
Fiscal 2029	8,529
Thereafter	4,299
Total undiscounted lease commitments	48,497
Less: Interest and short-term leases	6,275
Total discounted operating lease liabilities	$	42,222

Future minimum payments as of March 31, 2024 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 2025: $2,698; and Fiscal 2026: $1,799.

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

Basis of Presentation and Principles of Consolidation -

Principles of Consolidation

Basis of Presentation and Principles of Consolidation -

Use of Estimates

Use of Estimates -

Operating Segments

Operating Segments -

Earnings (Loss) per Share

Earnings (Loss) per Share -

Cash and Cash Equivalents

Cash and Cash Equivalents -

Investments and Strategic Investments

Investments -

Strategic Investments -

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 -

Property and Equipment

Property and Equipment -

Operating Leases

Operating Leases -

Business Combinations

Business Combinations -

Goodwill

Goodwill -

Intangible Assets

Intangible Assets -


						Weighted Average Useful Life (years)
Developed technology						2.6
Customer relationships						2.6

Impairment of Long-lived Assets

Impairment of Long-lived Assets -

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 -

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
There were no material accounting pronouncements applicable to the Company.


Recent accounting pronouncements not yet adopted -

Standard	Description	Date of Adoption	Effect on Financial Statements or Other Significant Matters
Accounting Standard Update (“ASU”) 2023-07 Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures	ASU 2023-07 expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses.	The updated standard is effective for our annual periods beginning in fiscal 2025 and interim periods beginning in the first quarter of fiscal 2026. Early adoption is permitted.	We are currently evaluating the impact that the updated standard will have on our consolidated financial statement disclosures.
ASU 2023-09 Income Taxes (Topic 740): Improvements to Income Tax Disclosures	ASU 2023-09 requires disaggregated information about a reporting entity's effective tax rate reconciliation as well as information on income tax paid.	The updated standard is effective for us beginning in fiscal 2026. Early adoption is permitted.	We are currently evaluating the impact that the updated standard will have on our consolidated financial statement disclosures.

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Schedule of Options (Details)	12 Months Ended
	Mar. 31, 2024 $ / shares shares
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares) \| shares	622,122
Options outstanding - Weighted-average remaining contractual life	4 years
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 14.39
Options exercisable (in shares) \| shares	388,741
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 17.67
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	274,869
Options outstanding - Weighted-average remaining contractual life	8 years 2 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 8.26
Options exercisable (in shares) \| shares	41,488
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 4.58
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	182,603
Options outstanding - Weighted-average remaining contractual life	1 year 1 month 6 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 17.49
Options exercisable (in shares) \| shares	182,603
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 17.49
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	164,650
Options outstanding - Weighted-average remaining contractual life	3 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.18
Options exercisable (in shares) \| shares	164,650
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.18

OTHER ACCRUED EXPENSES

12 Months Ended

Mar. 31, 2024

Other Accrued Expenses [Abstract].

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES:

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


	March 31, 2024		March 31, 2023
Liabilities of non-qualified retirement plan	$	14,284	$	12,110
Short-term lease liabilities (see Note 3)	10,125		9,929







Other miscellaneous accrued expenses	18,448		13,697
Other accrued expenses	$	42,857	$	35,736

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Fair Value Measurements within the Fair Value Hierarchy (Details) - Fair value measurements on recurring basis - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Fair value of assets and liabilities
Cash and Cash Equivalents	$ 336,867	$ 464,448
Short-Term Investments	32,045	32,807
Other Current Assets	14,284	12,110
Total assets	383,196	509,365
Cash
Fair value of assets and liabilities
Cash and Cash Equivalents	33,224	22,603
Short-Term Investments	0	0
Other Current Assets	0	0
Total assets	33,224	22,603
Level 1: \| Money market funds
Fair value of assets and liabilities
Cash and Cash Equivalents	303,643	439,853
Short-Term Investments	0	0
Other Current Assets	0	0
Total assets	303,643	439,853
Level 1: \| Assets of non-qualified retirement plan
Fair value of assets and liabilities
Cash and Cash Equivalents	0	0
Short-Term Investments	0	0
Other Current Assets	14,284	12,110
Total assets	14,284	12,110
Level 1: \| U.S. Treasury securities
Fair value of assets and liabilities
Cash and Cash Equivalents	0	1,992
Short-Term Investments	24,545	25,307
Other Current Assets	0	0
Total assets	24,545	27,299
Level 1: \| Certificates of deposit
Fair value of assets and liabilities
Cash and Cash Equivalents	0	0
Short-Term Investments	7,500	7,500
Other Current Assets	0	0
Total assets	$ 7,500	$ 7,500

AUDIT INFORMATION	12 Months Ended
AUDIT INFORMATION	Mar. 31, 2024
Audit Information [Abstract]
Auditor Firm ID	185
Auditor Name	KPMG LLP
Auditor Location	Dallas, Texas

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, 2024	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
U.S.	$ 33,892	$ (122,994)	$ (37,415)
Non-U.S.	469	4,140	2,340
Income (loss) from continuing operations before income taxes	$ 34,361	$ (118,854)	$ (35,075)

- 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

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(11))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479557/942-235-S99-1

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 25
-Paragraph 1
-SubTopic 20
-Topic 940
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481913/940-20-25-1

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

OTHER LIABILITIES

12 Months Ended

Mar. 31, 2024

Other Liabilities Disclosure [Abstract]

OTHER LIABILITIES

OTHER LIABILITIES:

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


	March 31, 2024		March 31, 2023
Uncertain tax positions	$	25,289	$	23,427
Long-term lease liabilities (see Note 3)	32,097		37,243
Lease restructuring accruals and related sublease deposits	3,957		5,713
Deferred tax liabilities	224		298
Other	4,165		5,117
Other liabilities	$	65,732	$	71,798

GOODWILL - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
GOODWILL - Narrative (Details) - USD ($)	Sep. 30, 2023	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 2,900,000	$ 2,875,000	$ 0	$ 0

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenues	$ 659,661	$ 596,583	$ 528,657
Cost of revenue	179,489	170,084	147,427
Gross profit	480,172	426,499	381,230
Operating expenses:
Research and development	151,201	189,195	157,935
Sales and marketing	195,693	202,437	182,763
General and administrative	110,166	125,351	104,591
Gains, losses and other items, net	11,708	35,316	1,479
Total operating expenses	468,768	552,299	446,768
Income (loss) from operations	11,404	(125,800)	(65,538)
Total other income, net	22,957	6,946	30,463
Income (loss) from continuing operations before income taxes	34,361	(118,854)	(35,075)
Income tax expense (benefit)	24,270	5,252	(1,242)
Net earnings (loss) from continuing operations	10,091	(124,106)	(33,833)
Earnings from discontinued operations, net of tax	1,790	5,404	0
Net earnings (loss)	$ 11,881	$ (118,702)	$ (33,833)
Basic earnings (loss) per share:
Continuing operations (in USD per share)	$ 0.15	$ (1.87)	$ (0.50)
Discontinued operations (in USD per share)	0.03	0.08	0
Basic earnings (loss) per share (in USD per share)	0.18	(1.79)	(0.50)
Diluted earnings (loss) per share:
Continuing operations (in USD per share)	0.15	(1.87)	(0.50)
Discontinued operations (in USD per share)	0.03	0.08	0
Diluted earnings (loss) per share (in USD per share)	$ 0.17	$ (1.79)	$ (0.50)

COVER PAGE - USD ($)	12 Months Ended
COVER PAGE - USD ($)	Mar. 31, 2024	May 17, 2024	Sep. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Mar. 31, 2024
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	888
Local Phone Number	987-6764
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
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 1,293,050,600
Entity Common Stock, Shares Outstanding		66,153,860
Documents Incorporated by Reference	Portions of the Proxy Statement for the 2024 Annual Meeting of Stockholders (“2024 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.
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Central Index Key	0000733269

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES - Schedule of Restructuring Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	$ 4,227	$ 7,792	$ (19)
Employee-related reserves
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	4,200	7,800		$ 1,700
Continuing Operations
Restructuring Reserve [Roll Forward]
Restructuring reserve, at the beginning of the period	5,632	3,074	4,743
Restructuring charges and adjustments	4,079	10,738	(19)
Payments	(5,106)	(8,180)	(1,650)
Restructuring reserve, at the end of the period	4,605	5,632	3,074	4,743
Continuing Operations \| Employee-related reserves
Restructuring Reserve [Roll Forward]
Restructuring reserve, at the beginning of the period	759	47	825
Restructuring charges and adjustments	4,227	7,792	0
Payments	(3,306)	(7,080)	(778)
Restructuring reserve, at the end of the period	1,680	759	47	825
Continuing Operations \| Lease accruals
Restructuring Reserve [Roll Forward]
Restructuring reserve, at the beginning of the period	4,873	3,027	3,918
Restructuring charges and adjustments	(148)	2,946	(19)
Payments	(1,800)	(1,100)	(872)
Restructuring reserve, at the end of the period	$ 2,925	$ 4,873	$ 3,027	$ 3,918

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, 2024	Mar. 31, 2023	Mar. 31, 2022
Equity, Class of Treasury Stock [Line Items]
Net earnings (loss) from continuing operations	$ 10,091	$ (124,106)	$ (33,833)
Earnings from discontinued operations, net of tax	1,790	5,404	0
Net earnings (loss)	$ 11,881	$ (118,702)	$ (33,833)
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding (in shares)	66,266	66,352	68,211
Dilutive effect of common stock options and restricted stock unit as computed under the treasury stock method (in shares)	1,652	0	0
Diluted weighted-average shares outstanding (in shares)	67,918	66,352	68,211
Continuing operations (in USD per share)	$ 0.15	$ (1.87)	$ (0.50)
Discontinued operations (in USD per share)	0.03	0.08	0
Net earnings (loss) per share (in USD per share)	$ 0.17	$ (1.79)	$ (0.50)
Stockholders' Equity Attributable to Parent [Abstract]
Antidilutive securities excluded from computation of loss per share, amount (in shares)	1,112	2,376	686
Continuing Operations
Stockholders' Equity Attributable to Parent [Abstract]
Antidilutive securities excluded from computation of loss per share, amount (in shares)		700	1,300

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Jan. 31, 2024	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Share-based compensation
Exercised (in dollars per share)		$ 19.24
Exercised		$ 898
Habu
Share-based compensation
Total fair value of the replacement stock options issued	$ 25,000	7,500
Pre-combination service		300
Stock options
Share-based compensation
Exercised		$ 900	$ 3,700	$ 4,300
Stock options \| Habu
Share-based compensation
Shares issued in period (in shares)		252,364
Exercised (in dollars per share)		$ 8.91
Total fair value of the replacement stock options issued		$ 7,900

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

REVENUE FROM CONTRACTS WITH CUSTOMERS - Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Millions	Mar. 31, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 566.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 414.3
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)	3 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($)	Mar. 31, 2024 USD ($) segment reporting_unit	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)
Property, Plant and Equipment [Line Items]
Number of operating segments \| segment		1
Asset impairment charges		$ 0	$ 4,000,000	$ 0
Unbilled amounts included in accounts receivable		$ 17,500,000	17,800,000
Capitalized contract cost amortization period		4 years
Recognition of capitalized contract cost		$ 11,100,000	6,800,000
Number of reporting units \| reporting_unit		3
Impairment of goodwill	$ 2,900,000	$ 2,875,000	0	0
Advertising expense		$ 11,500,000	$ 12,900,000	$ 10,500,000
Accounts Receivable \| Customer Concentration Risk \| One Customer
Property, Plant and Equipment [Line Items]
Concentration risk, percentage		10.00%
Revenue Benchmark \| Product Concentration Risk \| Service
Property, Plant and Equipment [Line Items]
Concentration risk, percentage		5.00%
Revenue Benchmark \| Customer Concentration Risk \| Ten Largest Customers
Property, Plant and Equipment [Line Items]
Concentration risk, percentage		27.00%
Minimum
Property, Plant and Equipment [Line Items]
Amortization period		1 year
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		2 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		5 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

INTANGIBLE ASSETS

12 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

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, 2024		March 31, 2023
Developed technology, gross	$	102,076	$	72,095
Accumulated amortization	(70,743)		(63,658)
Net developed technology	$	31,333	$	8,437

Customer relationship/trade name, gross	$	37,882	$	34,384
Accumulated amortization	(34,632)		(33,953)
Net customer/trade name	$	3,250	$	431

Publisher/data supply relationships, gross	$	16,000	$	16,000
Accumulated amortization	(16,000)		(15,000)
Net publisher/data supply relationships	$	—	$	1,000

Total intangible assets, gross	$	155,958	$	122,479
Total accumulated amortization	(121,375)		(112,611)
Total intangible assets, net	$	34,583	$	9,868

Total amortization expense related to intangible assets was $8.8 million, $16.8 million, and $18.7 million for fiscal years ended March 31, 2024, 2023, and 2022, respectively.

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


Fiscal Year:	Amount
2025	$	14,416
2026	11,000
2027	9,167

	$	34,583

INCOME TAX

12 Months Ended

Mar. 31, 2024

Income Tax Disclosure [Abstract]

INCOME TAX

INCOME TAX:

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


	For the twelve months ended March 31,
	2024		2023		2022
Continuing operations	$	24,270	$	5,252	$	(1,242)
Discontinued operations	(2,332)		(7,070)		—


	$	21,938	$	(1,818)	$	(1,242)

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


	For the twelve months ended March 31,
	2024		2023		2022
Current:
U.S. Federal	$	21,014	$	6,325	$	(1,227)
Non-U.S.	662		1,086		305
State	3,384		(2,274)		1,220
	25,060		5,137		298
Deferred:
U.S. Federal	(101)		155		(895)
Non-U.S.	(387)		(83)		(608)
State	(302)		43		(37)
	(790)		115		(1,540)
Total	$	24,270	$	5,252	$	(1,242)

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


	For the twelve months ended March 31,
	2024		2023		2022
U.S.	$	33,892	$	(122,994)	$	(37,415)
Non-U.S.	469		4,140		2,340
Total	$	34,361	$	(118,854)	$	(35,075)

Income (loss) before income taxes, as shown above, is based on the location of the entity to which such income (loss) is attributable. However, since such income (loss) 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.


	For the twelve months ended March 31,
	2024		2023		2022
Computed expected income tax expense (benefit)	$	7,216	$	(24,959)	$	(7,366)
Increase (reduction) in income taxes resulting from:
State income taxes, net of federal benefit	2,494		(2,440)		691
Research and other tax credits	(3,012)		(4,363)		(3,107)

Nondeductible expenses	2,169		669		673

Stock-based compensation	2,013		3,486		5,576
Non-U.S. subsidiaries taxed at other rates	(1,036)		491		(364)
Adjustment to valuation allowances	14,209		33,197		2,520


Other, net	217		(829)		135
	$	24,270	$	5,252	$	(1,242)

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. The Company carried back its fiscal 2021 NOL, resulting in a refund of approximately $29 million, which was received during fiscal 2024. The Company also carried back its fiscal 2020 NOL, resulting in a refund of approximately $33 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, 2024 and 2023 are presented below (dollars in thousands).


	March 31,
	2024		2023
Deferred tax assets:
Accrued expenses	$	5,849	$	5,287

Lease liabilities	10,107		11,613
Net operating loss carryforwards	30,408		22,504
Stock-based compensation	7,346		3,335
Nonqualified deferred compensation	2,809		2,797
Property and equipment	—		585
Tax credit carryforwards	9,764		7,779
Capitalized research and development	45,499		26,357
Other	1,477		253
Total deferred tax assets	113,259		80,510
Less valuation allowance	(81,284)		(61,152)
Net deferred tax assets	31,975		19,358
Deferred tax liabilities:
Prepaid expenses	(2,821)		(2,411)

Property and equipment	(1,976)		—
Right-of-use assets	(6,186)		(6,011)
Intangible assets	(7,118)		(829)
Deferred commissions	(12,098)		(9,153)
Other	(364)		—
Total deferred tax liabilities	(30,563)		(18,404)
Net deferred tax assets	$	1,412	$	954

At March 31, 2024, the Company has net operating loss carryforwards of approximately $35.2 million and $130.7 million for U.S. federal and state income tax purposes, respectively. The federal net operating loss carryforwards can be carried forward indefinitely. Of the state net operating loss carryforwards, $16.6 million will not expire and the remainder will expire in various amounts and will completely expire if not used by 2043. The Company has foreign net operating loss carryforwards of approximately $94.7 million. Of this amount, $83.2 million will not expire. The remainder expires in various amounts and will completely expire if not used by 2031. The Company has U.S. federal credit carryforwards of $0.8 million, which will expire if not used by 2044. The Company has U.S. state credit carryforwards of $12.6 million, of which $10.9 million will not expire and the remainder will expire in various amounts and will completely expire if not used by 2039.

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 its deductible temporary differences and net operating loss and credit carryforwards. Accordingly, the Company has established a full valuation allowance against its net U.S. federal and state deferred tax assets as of March 31, 2024 and 2023, respectively.

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 $21.6 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 current year increase in the valuation allowance is primarily attributable to the impact of the capitalization of research and development expenditures in accordance with IRC Section 174, as modified by the Tax Cuts and Jobs Act of 2017.

The following table sets forth changes in the total gross unrecognized tax benefits for the fiscal years ended March 31, 2024, 2023 and 2022 (dollars in thousands):


	For the twelve months ended March 31,
	2024		2023		2022
Balance at beginning of period	$	21,624	$	23,817	$	25,026
Increases related to prior year tax positions	741		93		411
Decreases related to prior year tax positions	(246)		(522)		—
Increases related to current year tax positions	1,179		2,229		990
Settlements with taxing authorities	—		(166)		—
Lapse of statute of limitations	(376)		(3,827)		(2,610)
Balance at end of period	$	22,922	$	21,624	$	23,817

Gross unrecognized tax benefits as of March 31, 2024 was $22.9 million, of which $19.5 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 $6.4 million as of March 31, 2024. Accrued interest and penalties increased by $1.6 million during fiscal 2024. 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 2015. The Company’s federal income tax return for fiscal year 2019 is currently under Internal Revenue Service examination. The status of other U.S. 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
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482603/740-30-50-2

+ Details

LEASES (Tables)

12 Months Ended

Mar. 31, 2024

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, 2024			March 31, 2023
Right-of-use assets included in other assets, net	$	24,471		$	24,604
Short-term lease liabilities included in other accrued expenses	$	10,125		$	9,929
Long-term lease liabilities included in other liabilities	$	32,097		$	37,243

Supplemental balance sheet information:
Weighted average remaining lease term	5.3 years			5.6 years
Weighted average discount rate	5.3		%	3.5		%

Schedule of Future Minimum Payments under all Operating Leases

The following table presents future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of March 31, 2024:


	Amount
Fiscal 2025	$	10,282
Fiscal 2026	8,668
Fiscal 2027	8,265
Fiscal 2028	8,454
Fiscal 2029	8,529
Thereafter	4,299
Total undiscounted lease commitments	48,497
Less: Interest and short-term leases	6,275
Total discounted operating lease liabilities	$	42,222

INTANGIBLE ASSETS - Estimated Future Amortization Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2025	$ 14,416
2026	11,000
2027	9,167
Total finite-lived intangible assets, net	$ 34,583	$ 9,868

INTANGIBLE ASSETS - Amounts Allocated to Intangible Assets from Acquisitions (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 155,958	$ 122,479
Accumulated amortization	(121,375)	(112,611)
Total finite-lived intangible assets, net	34,583	9,868
Developed technology, gross
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	102,076	72,095
Accumulated amortization	(70,743)	(63,658)
Total finite-lived intangible assets, net	31,333	8,437
Customer relationship/trade name, gross
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	37,882	34,384
Accumulated amortization	(34,632)	(33,953)
Total finite-lived intangible assets, net	3,250	431
Publisher/data supply relationships, gross
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	16,000	16,000
Accumulated amortization	(16,000)	(15,000)
Total finite-lived intangible assets, net	$ 0	$ 1,000

LEASES - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended			21 Months Ended
LEASES - Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2024
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease costs		$ 9,200	$ 11,600	$ 11,600
ROU asset group impairments and adjustments	$ 24,600	1,946	24,599	0
Employee-related restructuring plan charges		4,227	7,792	$ (19)
Fiscal 2025		10,282			$ 10,282
Fiscal 2026		8,668			8,668
Fiscal 2027		8,265			8,265
Facility Closing
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Employee-related restructuring plan charges					2,800
Restructuring reserve related charges			$ 2,900
Leased Office Facilities
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Fiscal 2025		2,698			2,698
Fiscal 2026		$ 1,799			$ 1,799

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Performance-based Restricted Stock Units, Narrative (Details) $ in Millions		12 Months Ended
	Dec. 31, 2023 shares	Mar. 31, 2024 USD ($) plan shares	Mar. 31, 2023 USD ($) plan shares	Mar. 31, 2022 USD ($) plan shares
Share-based compensation
Number of performance plans \| plan		2	2	3
Performance Based Stock Units
Share-based compensation
Granted (in shares)			406,501
Aggregate fair value of restricted stock units granted \| $			$ 10.0
Restricted stock units \| Operating Metrics Performance Plan
Share-based compensation
Granted (in shares)				58,312
Award vesting rights percentage		59.00%
Forfeited in period (in shares)		39,211
Vesting in period (in shares)		67,283
Outstanding at the end of the period (in shares)		8,971
Restricted stock units \| Performance stock
Share-based compensation
Granted (in shares)		666,496		249,152
Aggregate fair value of restricted stock units granted \| $		$ 21.0		$ 12.6
Forfeited in period (in shares)		223,223
Vesting in period (in shares)		57,114
Outstanding at the end of the period (in shares)		1,095,748	709,589
The total fair value of performance-based restricted stock units \| $		$ 1.5	$ 3.0	$ 6.7
Restricted stock units \| Performance stock \| Operating Metrics Performance Plan
Share-based compensation
Granted (in shares)		466,550		148,912
Aggregate fair value of restricted stock units granted \| $		$ 12.6		$ 7.1
Restricted stock units \| Performance stock \| Minimum \| Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage				0.00%
Restricted stock units \| Performance stock \| Maximum \| Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage				200.00%
Restricted stock units \| Performance-Based Restricted Stock Units Under The Total Shareholder Return Performance Plan
Share-based compensation
Granted (in shares)		199,946
Aggregate fair value of restricted stock units granted \| $		$ 8.4
Restricted stock units \| Performance Based Stock Units
Share-based compensation
Granted (in shares)		101,931	121,951
Aggregate fair value of restricted stock units granted \| $			$ 3.7
Restricted stock units \| Performance Based Stock Units Under Operating Metrics
Share-based compensation
Granted (in shares)		237,837	284,550
Aggregate fair value of restricted stock units granted \| $			$ 6.3
Restricted stock units \| Performance Based Stock Units Under Operating Metrics \| Minimum
Share-based compensation
Award vesting rights percentage			0.00%
Restricted stock units \| Performance Based Stock Units Under Operating Metrics \| Maximum
Share-based compensation
Award vesting rights percentage			200.00%
Restricted stock units \| ATS Performance Plan Vesting Total Shareholder Return
Share-based compensation
Granted (in shares)				36,425
Aggregate fair value of restricted stock units granted \| $				$ 1.7
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 \| 2022 Performance Shares That Will Vest Immediately
Share-based compensation
Award vesting rights percentage	77.00%
Forfeited in period (in shares)	27,959
Restricted stock units \| Performance Shares Vesting Total Shareholder Return
Share-based compensation
Granted (in shares)				63,815
Aggregate fair value of restricted stock units granted \| $				$ 3.8
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Minimum
Share-based compensation
Award vesting rights percentage		0.00%		0.00%
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Minimum \| Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage		0.00%
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Maximum
Share-based compensation
Award vesting rights percentage		200.00%		200.00%
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Maximum \| Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage		200.00%
Restricted stock units \| 2021 Performance Shares That Will Vest In One Year
Share-based compensation
Granted (in shares)				20,968
Award vesting rights percentage				51.00%
Forfeited in period (in shares)				20,330

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Pay vs Performance Disclosure
Net earnings (loss)	$ 11,881	$ (118,702)	$ (33,833)

- Definition

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

+ References

+ Details

LEASES - Operating Lease, Liability Maturity (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Leases [Abstract]
Fiscal 2025	$ 10,282
Fiscal 2026	8,668
Fiscal 2027	8,265
Fiscal 2028	8,454
Fiscal 2029	8,529
Thereafter	4,299
Total undiscounted lease commitments	48,497
Less: Interest and short-term leases	6,275
Total discounted operating lease liabilities	$ 42,222

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Time-Vesting Restricted Stock Unit Activity (Details) - Restricted Stock	12 Months Ended
	Mar. 31, 2024 $ / shares shares
Non-vested restricted stock unit activity, Number of Shares
Outstanding at the beginning of the period (in shares) \| shares	0
Vested (in shares) \| shares	0
Outstanding at the end of the period (in shares) \| shares	36,118
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
Vested (in dollars per share) \| $ / shares	0
Outstanding at the end of the period (in dollars per share) \| $ / shares	$ 39.48
Weighted average remaining contractual term (in years)	1 year 3 months 18 days
Habu
Non-vested restricted stock unit activity, Number of Shares
Diablo replacement restricted stock award (in shares) \| shares	36,118
Non-vested restricted stock units, Weighted average fair value per share at grant date
Habu replacement restricted stock award (in dollars per share) \| $ / shares	$ 39.48

PROPERTY AND EQUIPMENT - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 25,394	$ 39,393
Less accumulated depreciation and amortization	(17,213)	(32,308)
Property and equipment, net of accumulated depreciation and amortization	8,181	7,085
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	14,147	25,262
Data processing equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,915	6,537
Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 5,332	$ 7,594

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Restricted Stock Unit Activity (Details) - USD ($) $ in Millions			12 Months Ended
	Jan. 31, 2024	Dec. 13, 2021	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Habu
Share-based compensation
Vesting period	3 years
Total fair value of the replacement stock options issued	$ 25.0		$ 7.5
Restricted stock units \| Rakam consideration holdback
Share-based compensation
Granted (in shares)		2,600,000
Vesting period		4 years
Restricted stock units \| Vesting in Four Years
Share-based compensation
Granted (in shares)			1,783,478
Aggregate fair value of restricted stock units granted			$ 48.6
Vesting period				3 years	4 years
Restricted stock units \| Time Based Vesting
Share-based compensation
Granted (in shares)			1,783,478	4,352,078	3,037,440
Aggregate fair value of restricted stock units granted				$ 107.2	$ 143.4
Weighted average remaining contractual term (in years)			1 year 7 months 20 days	2 years 2 months 12 days
Vested in period, fair value			$ 45.3	$ 71.5	$ 30.3
Restricted stock units \| Time Based Vesting \| Rakam consideration holdback
Share-based compensation
Granted (in shares)					55,927
Aggregate fair value of restricted stock units granted					$ 2.6
Restricted stock units \| Time Based Vesting \| Habu
Share-based compensation
Granted (in shares)			410,853
Total fair value of the replacement stock options issued			$ 16.2
Weighted average remaining contractual term (in years)			2 years 9 months 18 days
Restricted stock units \| Time Based Vesting \| Data Plus Math Corporation
Share-based compensation
Granted (in shares)					98,442
Aggregate fair value of restricted stock units granted					$ 4.7
Restricted stock units \| Time-Based Vesting Over Three Years
Share-based compensation
Granted (in shares)			999,987
Vesting period			3 years
Restricted stock units \| Time-Based Vesting Over Two Years
Share-based compensation
Granted (in shares)			783,491
Vesting period			2 years

- Details

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

OTHER CURRENT AND NONCURRENT ASSETS - Narrative (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Dec. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment losses on strategic investment	$ 4.0	$ 4.0
Disposal Group, Disposed of by Sale, Not Discontinued Operations \| IT Infrastructure Management Business
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

GOODWILL

12 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

GOODWILL:

Each quarter, the Company considers whether indicators of impairment exist such that additional impairment testing may be necessary. During the quarter ended September 30, 2023, triggering events occurred that required the Company to test the recoverability of goodwill associated with its APAC reporting unit. The triggering event was the restructuring of operations in the APAC region. Accordingly, we tested goodwill for impairment and determined that the fair value of the APAC reporting unit had decreased, resulting in complete impairment of the goodwill amount of $2.9 million. In order to estimate the fair value of the APAC reporting unit, management utilized a discounted cash flow model, classified in level 3 in the fair value hierarchy, as well as considered market multiples of guideline public companies.

Changes in goodwill for fiscal years ended March 31, 2024 and 2023 were as follows (dollars in thousands):


	Total
Balance at March 31, 2022	$	363,845
Purchase price accounting adjustment related to acquisition of Diablo	(205)
Change in foreign currency translation adjustment	(524)
Balance at March 31, 2023	$	363,116
Impairment	(2,875)
Acquisition of Habu (see Note 5)	141,641
Change in foreign currency translation adjustment	(126)
Balance at March 31, 2024	$	501,756

Goodwill by geography as of March 31, 2024 was:


	Total
U.S.	$	501,756

OTHER CURRENT AND NONCURRENT ASSETS (Tables)

12 Months Ended

Mar. 31, 2024

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, 2024		March 31, 2023
Prepaid expenses and other	$	17,398	$	18,918


Assets of non-qualified retirement plan	14,284		12,110
Other current assets	$	31,682	$	31,028

Schedule of Components of Other Noncurrent Assets

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


	March 31, 2024		March 31, 2023
Long-term prepaid revenue share	$	4,714	$	9,659
Right-of-use assets (see Note 3)	24,471		24,604
Deferred tax asset	1,636		1,253
Deposits	3,125		3,452
Strategic investments	2,700		1,600
Other miscellaneous noncurrent assets	102		477
Other assets, net	$	36,748	$	41,045

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 336,867	$ 464,448
Restricted cash	2,604	0
Short-term investments	32,045	32,807
Trade accounts receivable, net	190,313	157,379
Refundable income taxes, net	8,521	28,897
Other current assets	31,682	31,028
Total current assets	602,032	714,559
Property and equipment, net of accumulated depreciation and amortization	8,181	7,085
Intangible assets, net	34,583	9,868
Goodwill	501,756	363,116
Deferred commissions, net	48,143	37,030
Other assets, net	36,748	41,045
Total assets	1,231,443	1,172,703
Current liabilities:
Trade accounts payable	81,202	86,568
Accrued payroll and related expenses	61,575	33,434
Other accrued expenses	42,857	35,736
Deferred revenue	30,942	19,091
Total current liabilities	216,576	174,829
Other liabilities	65,732	71,798
Commitments and contingencies (Note 13)
Stockholders' equity:
Preferred stock, $1.00 par value (authorized 1 million shares; issued 0 shares at March 31, 2024 and 2023, respectively)	0	0
Common stock, $0.10 par value (authorized 200 million shares; issued 155.9 million and 154.0 million shares at March 31, 2024 and 2023, respectively)	15,594	15,399
Additional paid-in capital	1,933,776	1,855,916
Retained earnings	1,314,172	1,302,291
Accumulated other comprehensive income	3,964	4,504
Treasury stock, at cost (89.7 million and 87.4 million shares at March 31, 2024 and 2023, respectively)	(2,318,371)	(2,252,034)
Total stockholders' equity	949,135	926,076
Total liabilities and stockholders' equity	$ 1,231,443	$ 1,172,703

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Stock options	Common Stock	Additional paid-In capital	Additional paid-In capital Stock options	Retained earnings	Accumulated other comprehensive income (loss)	Treasury Stock
Balance, beginning of the period (in shares) at Mar. 31, 2021			147,814,965
Balance, beginning of the period at Mar. 31, 2021	$ 1,080,683		$ 14,781	$ 1,630,072		$ 1,454,826	$ 7,522	$ (2,026,518)
Treasury stock, beginning balance (in shares) at Mar. 31, 2021								(79,585,710)
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)
Acquisition-related restricted stock award (in shares)			40,600
Acquisition-related restricted stock award	0		$ 4	(4)
Liability-classified restricted stock units vested (in shares)			547,343
Liability-classified restricted stock units vested	13,803		$ 55	13,748
Acquisition of treasury stock (in shares)								(1,329,211)
Acquisition of treasury stock	(58,621)							$ (58,621)
Comprehensive income (loss):
Foreign currency translation	(1,792)						(1,792)
Net earnings (loss)	(33,833)					(33,833)
Balance, end of the period (in shares) at Mar. 31, 2022			149,840,925
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)
Treasury stock, ending balance (in shares) at Mar. 31, 2022								(81,205,596)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)			399,146					(101,011)
Employee stock awards, benefit plans and other issuances	3,987		$ 40	6,219				$ (2,272)
Non-cash stock-based compensation (in shares)			47,093
Non-cash stock-based compensation	117,351		$ 5	117,346
Restricted stock units vested (in shares)			3,253,815
Restricted stock units vested	0		$ 325	(325)
Liability-classified restricted stock units vested (in shares)			446,805
Liability-classified restricted stock units vested	11,603		$ 45	11,558
Acquisition of treasury stock (in shares)								(6,066,230)
Acquisition of treasury stock	(149,997)							$ (149,997)
Comprehensive income (loss):
Foreign currency translation	(1,226)						(1,226)
Net earnings (loss)	(118,702)					(118,702)
Balance, end of the period (in shares) at Mar. 31, 2023			153,987,784
Balance, end of the period at Mar. 31, 2023	$ 926,076		$ 15,399	1,855,916		1,302,291	4,504	$ (2,252,034)
Treasury stock, ending balance (in shares) at Mar. 31, 2023	(87,400,000)							(87,372,837)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)			369,442					(219,270)
Employee stock awards, benefit plans and other issuances	$ 1,387		$ 38	7,184				$ (5,835)
Non-cash stock-based compensation (in shares)			39,174
Non-cash stock-based compensation	68,057		$ 3	68,054
Restricted stock units vested (in shares)			1,427,305
Restricted stock units vested	0		$ 143	(143)
Acquisition-related restricted stock award (in shares)			36,118
Acquisition-related restricted stock award	0	$ 493	$ 3	(3)	$ 493
Liability-classified restricted stock units vested (in shares)			83,439
Liability-classified restricted stock units vested	2,283		$ 8	2,275
Acquisition of treasury stock (in shares)								(2,076,854)
Acquisition of treasury stock	(60,502)							$ (60,502)
Comprehensive income (loss):
Foreign currency translation	(540)						(540)
Net earnings (loss)	11,881					11,881
Balance, end of the period (in shares) at Mar. 31, 2024			155,943,262
Balance, end of the period at Mar. 31, 2024	$ 949,135		$ 15,594	$ 1,933,776		$ 1,314,172	$ 3,964	$ (2,318,371)
Treasury stock, ending balance (in shares) at Mar. 31, 2024	(89,700,000)							(89,668,961)

PROPERTY AND EQUIPMENT

12 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT:

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


	March 31, 2024		March 31, 2023

Leasehold improvements	$	14,147	$	25,262
Data processing equipment	5,915		6,537
Office furniture and other equipment	5,332		7,594
	25,394		39,393
Less accumulated depreciation and amortization	(17,213)		(32,308)
Property and equipment, net of accumulated depreciation and amortization	$	8,181	$	7,085

Depreciation expense on property and equipment was $2.7 million, $4.0 million, and $5.4 million for fiscal years ended March 31, 2024, 2023, and 2022, respectively.

COMMITMENTS AND CONTINGENCIES - Schedule of Contractual Obligation, Fiscal Year Maturity (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Purchase Obligation, Fiscal Year Maturity [Abstract]
2025	$ 88,432
2026	17,226
2027	4,606
2028	3,375
Total	$ 113,639

GOODWILL - Changes in Goodwill (Details) - USD ($)	3 Months Ended	12 Months Ended
GOODWILL - Changes in Goodwill (Details) - USD ($)	Sep. 30, 2023	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2022
Goodwill
Goodwill at the beginning of year		$ 363,116,000	$ 363,845,000
Impairment	$ (2,900,000)	(2,875,000)	0	$ 0
Change in foreign currency translation adjustment		(126,000)	(524,000)
Goodwill at the end of year		501,756,000	363,116,000	$ 363,845,000
Diablo.AI, Inc.
Goodwill
Purchase price accounting adjustment related to acquisition of Diablo			$ (205,000)
Habu
Goodwill
Acquisition of Habu		$ 141,641,000

- Definition

+ References + Details

STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION - Future Expense, by Award Type (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Share-based compensation
Expected future expense	$ 152,157
2025
Share-based compensation
Expected future expense	92,730
2026
Share-based compensation
Expected future expense	44,101
2027
Share-based compensation
Expected future expense	15,224
2028
Share-based compensation
Expected future expense	102
Stock options
Share-based compensation
Stock options	7,101
Stock options \| 2025
Share-based compensation
Stock options	3,260
Stock options \| 2026
Share-based compensation
Stock options	2,488
Stock options \| 2027
Share-based compensation
Stock options	1,251
Stock options \| 2028
Share-based compensation
Stock options	102
Restricted stock units
Share-based compensation
Future share-based compensation expense expected	129,758
Restricted stock units \| 2025
Share-based compensation
Future share-based compensation expense expected	83,397
Restricted stock units \| 2026
Share-based compensation
Future share-based compensation expense expected	36,461
Restricted stock units \| 2027
Share-based compensation
Future share-based compensation expense expected	9,900
Restricted stock units \| 2028
Share-based compensation
Future share-based compensation expense expected	0
Habu restricted stock awards \| Habu
Share-based compensation
Future share-based compensation expense expected	1,136
Habu restricted stock awards \| 2025 \| Habu
Share-based compensation
Future share-based compensation expense expected	857
Habu restricted stock awards \| 2026 \| Habu
Share-based compensation
Future share-based compensation expense expected	273
Habu restricted stock awards \| 2027 \| Habu
Share-based compensation
Future share-based compensation expense expected	6
Habu restricted stock awards \| 2028 \| Habu
Share-based compensation
Future share-based compensation expense expected	0
Habu acquisition consideration holdback \| Habu
Share-based compensation
Future share-based compensation expense expected	13,825
Habu acquisition consideration holdback \| 2025 \| Habu
Share-based compensation
Future share-based compensation expense expected	4,879
Habu acquisition consideration holdback \| 2026 \| Habu
Share-based compensation
Future share-based compensation expense expected	4,879
Habu acquisition consideration holdback \| 2027 \| Habu
Share-based compensation
Future share-based compensation expense expected	4,067
Habu acquisition consideration holdback \| 2028 \| Habu
Share-based compensation
Future share-based compensation expense expected	0
Employee stock purchase plan
Share-based compensation
Future share-based compensation expense expected	337
Expected future expense	300
Employee stock purchase plan \| 2025
Share-based compensation
Future share-based compensation expense expected	337
Employee stock purchase plan \| 2026
Share-based compensation
Future share-based compensation expense expected	0
Employee stock purchase plan \| 2027
Share-based compensation
Future share-based compensation expense expected	0
Employee stock purchase plan \| 2028
Share-based compensation
Future share-based compensation expense expected	$ 0

GOODWILL (Tables)

12 Months Ended

Mar. 31, 2024

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 fiscal years ended March 31, 2024 and 2023 were as follows (dollars in thousands):


	Total
Balance at March 31, 2022	$	363,845
Purchase price accounting adjustment related to acquisition of Diablo	(205)
Change in foreign currency translation adjustment	(524)
Balance at March 31, 2023	$	363,116
Impairment	(2,875)
Acquisition of Habu (see Note 5)	141,641
Change in foreign currency translation adjustment	(126)
Balance at March 31, 2024	$	501,756

Goodwill by geography as of March 31, 2024 was:


	Total
U.S.	$	501,756

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-2

+ Details