0000733269-24-000039 | 10-Q | XBRL Viewer

INTANGIBLE ASSETS

6 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS:

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


	September 30, 2024		March 31, 2024
Developed technology, gross	$	102,156	$	102,076
Accumulated amortization	(77,667)		(70,743)
Net developed technology	$	24,489	$	31,333

Customer relationship/trade name, gross	$	37,892	$	37,882
Accumulated amortization	(35,392)		(34,632)
Net customer relationship/trade name	$	2,500	$	3,250

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

Total intangible assets, gross	$	156,048	$	155,958
Total accumulated amortization	(129,059)		(121,375)
Total intangible assets, net	$	26,989	$	34,583

Total amortization expense related to intangible assets was $7.6 million and $4.5 million for the six months ended September 30, 2024 and 2023, respectively.

The following table presents the estimated future amortization expenses related to intangible assets. The amount for fiscal 2025 represents the remaining six months ending March 31, 2025. All other periods represent fiscal years ending March 31 (dollars in thousands).


Fiscal Year:	Amount
2025	$	6,822
2026	11,000
2027	9,167

	$	26,989

Insider Trading Arrangements	3 Months Ended	6 Months Ended
Insider Trading Arrangements	Sep. 30, 2024 shares	Sep. 30, 2024 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		On September 30, 2024, Kimberly Bloomston, Chief Product Officer of the Company, adopted a Rule 10b5-1 trading arrangement (the "Plan”) providing for the sale, subject to certain conditions, of an aggregate of (i) 11,294 shares of the Company’s common stock plus (ii) the net shares issued to Ms. Bloomston upon the vesting of time-based restricted stock unit awards and performance stock unit awards representing 79,782 shares of the Company’s common stock (assuming that any shares underlying performance stock units vest at target amounts), excluding any shares withheld to satisfy tax withholding obligations in connection with the settlement of such awards. Trades under the Plan are scheduled to commence December 30, 2024, and the Plan will expire on October 7, 2025, or, if earlier, upon completion of all authorized transactions thereunder.
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Kimberly Bloomston [Member]
Trading Arrangements, by Individual
Name	Kimberly Bloomston
Title	Chief Product Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	September 30, 2024
Expiration Date	October 7, 2025
Arrangement Duration	281 days
Kimberly Bloomston Trading Arrangement, Common Stock [Member] \| Kimberly Bloomston [Member]
Trading Arrangements, by Individual
Aggregate Available	11,294	11,294
Kimberly Bloomston Trading Arrangement, Time-Based Restricted Stock Unit Awards And Performance Stock Unit Awards [Member] \| Kimberly Bloomston [Member]
Trading Arrangements, by Individual
Aggregate Available	79,782	79,782

STOCK-BASED COMPENSATION - Schedule of Stock Option Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Sep. 30, 2024 USD ($) $ / shares shares
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares) \| shares	622,122
Exercised (in shares) \| shares	(189,313)
Forfeited or cancelled (in shares) \| shares	(8,899)
Outstanding at end of the period (in shares) \| shares	423,910
Exercisable at the end of the period (in shares) \| shares	253,335
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share) \| $ / shares	$ 14.39
Exercised (in dollars per share) \| $ / shares	18.82
Forfeited or cancelled (in dollars per share) \| $ / shares	9.65
Outstanding at the end of the period (in dollars per share) \| $ / shares	12.51
Exercisable at the end of the period (in dollars per share) \| $ / shares	$ 14.82
Weighted average remaining contractual term	4 years 7 months 6 days
Exercisable at the end of the period	2 years 2 months 12 days
Exercised \| $	$ 2,455
Outstanding at the end of the period \| $	5,202
Exercisable at the end of the period \| $	$ 2,524

PROPERTY AND EQUIPMENT - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 25,678	$ 25,394
Less accumulated depreciation and amortization	(18,304)	(17,213)
Property and equipment, net of accumulated depreciation and amortization	7,374	8,181
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	14,572	14,147
Data processing equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	5,931	5,915
Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 5,175	$ 5,332

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net earnings (loss)	$ (5,757)	$ 3,277
Earnings from discontinued operations, net of tax	0	(387)
Non-cash operating activities:
Depreciation and amortization	9,004	5,903
Gain on disposal or impairment of assets	20	302
Lease-related impairment and restructuring charges	(36)	2,315
Provision for doubtful accounts	1,245	(237)
Impairment of goodwill	0	2,875
Deferred income taxes	38	87
Non-cash stock compensation expense	57,053	29,027
Changes in operating assets and liabilities:
Accounts receivable, net	(2,627)	(16,258)
Deferred commissions	4,687	(2,907)
Other assets	3,998	5,743
Accounts payable and other liabilities	(31,994)	(12,885)
Income taxes	5,570	43,699
Deferred revenue	5,067	903
Net cash provided by operating activities	46,268	61,457
Cash flows from investing activities:
Capital expenditures	(467)	(253)
Purchases of investments	(1,967)	(24,385)
Proceeds from sales of investments	24,995	25,750
Purchases of strategic investments	(400)	(1,000)
Net cash provided by investing activities	22,161	112
Cash flows from financing activities:
Proceeds related to the issuance of common stock under stock and employee benefit plans	6,327	5,575
Shares repurchased for tax withholdings upon vesting of stock-based awards	(7,740)	(4,569)
Acquisition of treasury stock	(65,653)	(35,325)
Net cash used in financing activities	(67,066)	(34,319)
Net cash provided by continuing operations	1,363	27,250
Cash flows from discontinued operations:
From operating activities	0	387
Net cash provided by discontinued operations	0	387
Effect of exchange rate changes on cash	743	84
Net change in cash, cash equivalents and restricted cash	2,106	27,721
Cash, cash equivalents and restricted cash at beginning of period	339,471	464,448
Cash, cash equivalents and restricted cash at end of period	341,577	492,169
Supplemental cash flow information:
Cash paid (received) for income taxes, net from continuing operations	11,000	(25,139)
Cash received for income taxes, net from discontinued operations	0	(595)
Cash received for tenant improvement allowances	(1,758)	0
Cash paid for operating lease liabilities	4,877	5,148
Operating lease assets obtained in exchange for operating lease liabilities	1,043	11,677
Operating lease assets, and related lease liabilities, relinquished in lease terminations	(555)	(4,486)
Purchases of property, plant and equipment remaining unpaid at period end	$ 238	$ 211

INCOME TAX	6 Months Ended
INCOME TAX	Sep. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAX	INCOME TAX:In determining the quarterly provision for income taxes, the Company has historically applied its estimated annual effective tax rate ("AETR") to its year-to-date ordinary income or loss. However, due to the fact that small changes in the Company's annual estimated pretax income or loss would result in significant changes in the estimated AETR, the historical method was not considered to provide a reliable estimate as it is disproportionately sensitive to minor fluctuations in forecasted income. As such, the Company has computed its income tax expense for the three and six months ended September 30, 2024 using a discrete approach based on actual year-to-date results. The income tax expense was primarily driven by nondeductible stock-based compensation, capitalization of research and development expenditures in accordance with Internal Revenue Code ("IRC") Section 174, as modified by the Tax Cuts and Jobs Act of 2017, and the valuation allowance. 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 deductible temporary differences as well as net operating loss and tax credit carryforwards. As of September 30, 2024, the Company continues to maintain a full valuation allowance on its net deferred tax assets except in certain foreign jurisdictions.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 5: 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/1943274/2147477891/740-270-50-1

Reference 6: 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 7: 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 8: 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 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 10: 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 11: 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 12: 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 13: 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 14: 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

STOCK-BASED COMPENSATION - Schedule of Options (Details)	6 Months Ended
	Sep. 30, 2024 $ / shares shares
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares) \| shares	423,910
Options outstanding - Weighted-average remaining contractual life	4 years 7 months 6 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 12.51
Options exercisable (in shares) \| shares	253,335
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 14.82
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	232,108
Options outstanding - Weighted-average remaining contractual life	7 years 9 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 8.24
Options exercisable (in shares) \| shares	61,533
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 5.91
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	7 months 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	9,199
Options outstanding - Weighted-average remaining contractual life	1 year 8 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.32
Options exercisable (in shares) \| shares	9,199
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.32

INTANGIBLE ASSETS (Tables)

6 Months Ended

Sep. 30, 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):


	September 30, 2024		March 31, 2024
Developed technology, gross	$	102,156	$	102,076
Accumulated amortization	(77,667)		(70,743)
Net developed technology	$	24,489	$	31,333

Customer relationship/trade name, gross	$	37,892	$	37,882
Accumulated amortization	(35,392)		(34,632)
Net customer relationship/trade name	$	2,500	$	3,250

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

Total intangible assets, gross	$	156,048	$	155,958
Total accumulated amortization	(129,059)		(121,375)
Total intangible assets, net	$	26,989	$	34,583

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


Fiscal Year:	Amount
2025	$	6,822
2026	11,000
2027	9,167

	$	26,989

OTHER LIABILITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Other Liabilities Disclosure [Abstract]
Uncertain tax positions	$ 27,094	$ 25,289
Long-term lease liabilities	28,894	32,097
Lease restructuring accruals and related sublease deposits	3,423	3,957
Deferred tax liabilities	262	224
Other	3,690	4,165
Other liabilities	$ 63,363	$ 65,732

INTANGIBLE ASSETS - Schedule of Amounts Allocated to Intangible Assets from Acquisitions (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 156,048	$ 155,958
Total accumulated amortization	(129,059)	(121,375)
Total intangible assets, net	26,989	34,583
Developed technology, gross
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	102,156	102,076
Total accumulated amortization	(77,667)	(70,743)
Total intangible assets, net	24,489	31,333
Customer relationship/trade name, gross
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	37,892	37,882
Total accumulated amortization	(35,392)	(34,632)
Total intangible assets, net	2,500	3,250
Publisher/data supply relationships, gross
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	16,000	16,000
Total accumulated amortization	(16,000)	(16,000)
Total intangible assets, net	$ 0	$ 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

ALLOWANCE FOR CREDIT LOSSES

6 Months Ended

Sep. 30, 2024

Credit Loss [Abstract]

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES:

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.

The following table summarizes the Company's activity of allowance for credit losses, returns and credits (dollars in thousands):


	Balance at beginning of period		Additions charged to costs and expenses		Other changes		Bad debts written off, net of amounts recovered		Balance at end of period
For the six months ended September 30, 2024	$	9,199	$	1,245	$	20	$	(528)	$	9,936

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY - Schedule of Reconciliation of Basic and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations	$ 1,732	$ 4,476	$ (5,757)	$ 2,890
Earnings from discontinued operations, net of tax	0	387	0	387
Net earnings (loss)	$ 1,732	$ 4,863	$ (5,757)	$ 3,277
Basic weighted-average shares outstanding (in shares)	66,294	66,284	66,458	66,391
Continuing operations (in dollars per share)	$ 0.03	$ 0.07	$ (0.09)	$ 0.04
Discontinued operations (in dollars per share)	0.00	0.01	0.00	0.01
Basic earnings (loss) per share (in dollars per share)	$ 0.03	$ 0.07	$ (0.09)	$ 0.05
Diluted earnings (loss) per share:
Dilutive effect of common stock options and restricted stock unit as computed under the treasury stock method (in shares)	1,015	1,584	0	1,238
Diluted weighted-average shares outstanding (in shares)	67,309	67,868	66,458	67,628
Continuing operations (in dollars per share)	$ 0.03	$ 0.07	$ (0.09)	$ 0.04
Discontinued operations (in dollars per share)	0.00	0.01	0.00	0.01
Diluted earnings (loss) per share (in dollars per share)	$ 0.03	$ 0.07	$ (0.09)	$ 0.05
Antidilutive securities excluded from computation of loss per share, amount (in shares)			1,400

INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 7.6	$ 4.5

GOODWILL

6 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

GOODWILL:

Changes in goodwill for the six months ended September 30, 2024 was as follows (dollars in thousands):


	Total
Balance at March 31, 2024	$	501,756

Change in foreign currency translation adjustment	168
Balance at September 30, 2024	$	501,924

Goodwill by geography as of September 30, 2024 was:


	Total
U.S.	$	501,924

STOCK-BASED COMPENSATION- Schedule of Future Expense, by Award Type (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Share-based compensation
Expected future expense	$ 158,702
2025
Share-based compensation
Expected future expense	53,043
2026
Share-based compensation
Expected future expense	64,964
2027
Share-based compensation
Expected future expense	37,715
2028
Share-based compensation
Expected future expense	2,980
Stock options
Share-based compensation
Stock options	5,192
Stock options \| 2025
Share-based compensation
Stock options	1,607
Stock options \| 2026
Share-based compensation
Stock options	2,331
Stock options \| 2027
Share-based compensation
Stock options	1,159
Stock options \| 2028
Share-based compensation
Stock options	95
Restricted stock units
Share-based compensation
Future share-based compensation expense expected	141,146
Restricted stock units \| 2025
Share-based compensation
Future share-based compensation expense expected	48,296
Restricted stock units \| 2026
Share-based compensation
Future share-based compensation expense expected	57,482
Restricted stock units \| 2027
Share-based compensation
Future share-based compensation expense expected	32,483
Restricted stock units \| 2028
Share-based compensation
Future share-based compensation expense expected	2,885
Habu restricted stock awards \| Habu
Share-based compensation
Future share-based compensation expense expected	701
Habu restricted stock awards \| 2025 \| Habu
Share-based compensation
Future share-based compensation expense expected	423
Habu restricted stock awards \| 2026 \| Habu
Share-based compensation
Future share-based compensation expense expected	272
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	11,386
Habu acquisition consideration holdback \| 2025 \| Habu
Share-based compensation
Future share-based compensation expense expected	2,440
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	277
Expected future expense	300
Employee stock purchase plan \| 2025
Share-based compensation
Future share-based compensation expense expected	277
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

STOCK-BASED COMPENSATION - (Tables)

6 Months Ended

Sep. 30, 2024

Equity [Abstract]

Schedule of Stock-based Compensation Activity, by Award Type

The Company's stock-based compensation activity for the six months ended September 30, 2024 and 2023, by award type, was (dollars in thousands):


	For the six months ended
	September 30,
	2024		2023
Stock options	$	1,639	$	304

Restricted stock units, time-vesting	43,929		22,175
Restricted stock units, performance based	7,121		2,707

Habu restricted stock awards	429		—



Acuity performance plan	—		165
DataFleets acquisition consideration holdback	—		2,267
Habu acquisition consideration holdback	2,439		—
Employee stock purchase plan	871		784
Directors stock-based compensation	625		625
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	57,053		29,027
Less expense related to liability-based equity awards	(2,427)		(2,439)

Total non-cash stock-based compensation included in the condensed consolidated statements of equity	$	54,626	$	26,588

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 six months ended
	September 30,
	2024		2023
Cost of revenue	$	3,095	$	1,258
Research and development	21,125		10,370
Sales and marketing	14,476		8,522
General and administrative	18,357		8,877
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$	57,053	$	29,027

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 September 30, 2024, by award type. The amount for fiscal 2025 represents the remaining six months ending March 31, 2025. All other periods represent fiscal years ending March 31 (dollars in thousands):


	For the years ending March 31,
	2025		2026		2027		2028		Total
Stock options	$	1,607	$	2,331	$	1,159	$	95	$	5,192
Restricted stock units	48,296		57,482		32,483		2,885		141,146
Habu restricted stock awards	423		272		6		—		701
Habu acquisition consideration holdback	2,440		4,879		4,067		—		11,386
Employee stock purchase plan	277		—		—		—		277
Expected future expense	$	53,043	$	64,964	$	37,715	$	2,980	$	158,702

Schedule of Option Activity

Stock option activity for the six months ended September 30, 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, 2024	622,122	$	14.39

Exercised	(189,313)	$	18.82		$	2,455
Forfeited or canceled	(8,899)	$	9.65
Outstanding at September 30, 2024	423,910	$	12.51	4.6	$	5,202
Exercisable at September 30, 2024	253,335	$	14.82	2.2	$	2,524

Schedule of Stock Options Outstanding and Exercisable

A summary of stock options outstanding and exercisable as of September 30, 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	232,108	7.8 years	$	8.24	61,533	$	5.91
$	10.00	—	$	19.99	182,603	0.6 years	$	17.49	182,603	$	17.49
$	20.00	—	$	24.99	9,199	1.7 years	$	21.32	9,199	$	21.32

					423,910	4.6 years	$	12.51	253,335	$	14.82

Schedule of Changes in Restricted Stock

Habu restricted stock share activity for the six months ended September 30, 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, 2024	36,118	$	39.48	1.3

Vested	(16,305)	$	39.48
Unvested restricted stock awards at September 30, 2024	19,813	$	39.48	0.9

Schedule of Time-vesting Restricted Stock Unit Activity

RSU activity for the six months ended September 30, 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, 2024	4,401,513	$	31.10	1.64
Granted	1,801,372	$	32.10
Vested	(1,539,030)	$	29.49

Forfeited or canceled	(321,646)	$	31.89
Outstanding at September 30, 2024	4,342,209	$	32.03	1.86

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

PSU activity for the six months ended September 30, 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, 2024	1,095,748	$	31.15	1.61
Granted	429,857	$	36.14

Vested	(29,939)	$	55.65

Forfeited or canceled	(59,545)	$	51.21
Outstanding at September 30, 2024	1,436,121	$	31.30	1.62

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY (Tables)

6 Months Ended

Sep. 30, 2024

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY

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):


	For the three months ended				For the six months ended
	September 30,				September 30,
	2024		2023		2024		2023
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations	$	1,732	$	4,476	$	(5,757)	$	2,890
Earnings from discontinued operations, net of tax	—		387		—		387
Net earnings (loss)	$	1,732	$	4,863	$	(5,757)	$	3,277

Basic weighted-average shares outstanding	66,294		66,284		66,458		66,391

Continuing operations	$	0.03	$	0.07	$	(0.09)	$	0.04
Discontinued operations	—		0.01		—		0.01
Basic earnings (loss) per share	$	0.03	$	0.07	$	(0.09)	$	0.05

Diluted earnings (loss) per share:
Basic weighted-average shares outstanding	66,294		66,284		66,458		66,391
Dilutive effect of common stock options and restricted stock units as computed under the treasury stock method (1)	1,015		1,584		—		1,238
Diluted weighted-average shares outstanding	67,309		67,868		66,458		67,628

Continuing operations	$	0.03	$	0.07	$	(0.09)	$	0.04
Discontinued operations	—		0.01		—		0.01
Diluted earnings (loss) per share	$	0.03	$	0.07	$	(0.09)	$	0.05

Earnings (loss) per share totals may not sum due to rounding.

(1) The number of common stock options and restricted stock units as computed under the treasury stock method that would have otherwise been dilutive but are excluded from the table above because their effect would have been anti-dilutive due to the net loss position of the Company was 1.4 million for the six months ended September 30, 2024.

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 periods 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):


	For the three months ended		For the six months ended
	September 30,		September 30,
	2024	2023	2024	2023
Number of shares underlying restricted stock units	2,473	1,167	2,166	1,208

REVENUE FROM CONTRACTS WITH CUSTOMERS

6 Months Ended

Sep. 30, 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 six months ended September 30,
Primary Geographical Markets	2024		2023
United States	$	341,487	$	293,569
Europe	16,803		16,643
Asia-Pacific ("APAC")	2,531		3,144
Other	623		584
	$	361,444	$	313,940

Major Offerings/Services
Subscription	$	278,082	$	247,587
Marketplace and Other	83,362		66,353
	$	361,444	$	313,940

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 condensed consolidated financial statements. The amount of fixed revenue not yet recognized was $503.8 million as of September 30, 2024, of which $374.1 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

REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Revenues	$ 185,483	$ 159,871	$ 361,444	$ 313,940
Subscription
Disaggregation of Revenue [Line Items]
Revenues			278,082	247,587
Marketplace and Other
Disaggregation of Revenue [Line Items]
Revenues			83,362	66,353
United States
Disaggregation of Revenue [Line Items]
Revenues			341,487	293,569
Europe
Disaggregation of Revenue [Line Items]
Revenues			16,803	16,643
Asia-Pacific ("APAC")
Disaggregation of Revenue [Line Items]
Revenues			2,531	3,144
Other
Disaggregation of Revenue [Line Items]
Revenues			$ 623	$ 584

- 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 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 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-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 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-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 6: 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 7: 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 8: 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 9: 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 10: 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 11: 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 12: 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 13: 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

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1.4	$ 1.4

OTHER ACCRUED EXPENSES (Tables)

6 Months Ended

Sep. 30, 2024

Other Accrued Expenses [Abstract].

Schedule of Other Accrued Expenses

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


	September 30, 2024		March 31, 2024
Liabilities of non-qualified retirement plan	$	16,498	$	14,284
Short-term lease liabilities (see Note 4)	10,099		10,125







Other miscellaneous accrued expenses	17,918		18,448
Other accrued expenses	$	44,515	$	42,857

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY - Schedule of Anti-dilutive Shares (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares underlying restricted stock units (in shares)			1,400
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares underlying restricted stock units (in shares)	2,473	1,167	2,166	1,208

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

6 Months Ended

Sep. 30, 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 six months ended September 30,
Primary Geographical Markets	2024		2023
United States	$	341,487	$	293,569
Europe	16,803		16,643
Asia-Pacific ("APAC")	2,531		3,144
Other	623		584
	$	361,444	$	313,940

Major Offerings/Services
Subscription	$	278,082	$	247,587
Marketplace and Other	83,362		66,353
	$	361,444	$	313,940

OTHER CURRENT AND NONCURRENT ASSETS

6 Months Ended

Sep. 30, 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):


	September 30, 2024		March 31, 2024
Prepaid expenses and other	$	18,289	$	17,398


Assets of non-qualified retirement plan	16,498		14,284
Other current assets	$	34,787	$	31,682

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


	September 30, 2024		March 31, 2024
Long-term prepaid revenue share	$	3,554	$	4,714
Right-of-use assets (see Note 4)	21,192		24,471
Deferred tax asset	1,704		1,636
Deposits	3,046		3,125
Strategic investments	3,100		2,700
Other miscellaneous noncurrent assets	429		102
Other assets, net	$	33,025	$	36,748

OTHER CURRENT AND NONCURRENT ASSETS (Tables)

6 Months Ended

Sep. 30, 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):


	September 30, 2024		March 31, 2024
Prepaid expenses and other	$	18,289	$	17,398


Assets of non-qualified retirement plan	16,498		14,284
Other current assets	$	34,787	$	31,682

Schedule of Components of Other Noncurrent Assets

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


	September 30, 2024		March 31, 2024
Long-term prepaid revenue share	$	3,554	$	4,714
Right-of-use assets (see Note 4)	21,192		24,471
Deferred tax asset	1,704		1,636
Deposits	3,046		3,125
Strategic investments	3,100		2,700
Other miscellaneous noncurrent assets	429		102
Other assets, net	$	33,025	$	36,748

LEASES - Schedule of Future Minimum Payments (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Operating lease payments
Fiscal 2025	$ 5,438
Fiscal 2026	9,255
Fiscal 2027	8,338
Fiscal 2028	8,472
Fiscal 2029	8,529
Thereafter	4,301
Total undiscounted lease payments	44,333
Less: Interest and short-term leases	5,340
Total discounted operating lease liabilities	38,993
Payments expected under noncancellable subleases
Fiscal 2025	(454)
Fiscal 2026	(1,059)
Fiscal 2027	(1,091)
Fiscal 2028	(1,124)
Fiscal 2029	(1,157)
Thereafter	(99)
Total undiscounted lease payments	(4,984)
Less: Interest and short-term leases	(900)
Total discounted operating lease liabilities	(4,084)
Net operating lease payments
Fiscal 2025	4,984
Fiscal 2026	8,196
Fiscal 2027	7,247
Fiscal 2028	7,348
Fiscal 2029	7,372
Thereafter	4,202
Total undiscounted lease payments	39,349
Less: Interest and short-term leases	4,440
Total discounted operating lease liabilities	$ 34,909

OTHER CURRENT AND NONCURRENT ASSETS - Schedule of Other Current and Noncurrent Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Other current assets
Prepaid expenses and other	$ 18,289	$ 17,398
Assets of non-qualified retirement plan	16,498	14,284
Other current assets	34,787	31,682
Other noncurrent assets
Long-term prepaid revenue share	3,554	4,714
Right-of-use assets	21,192	24,471
Deferred tax asset	1,704	1,636
Deposits	3,046	3,125
Strategic investments	3,100	2,700
Other miscellaneous noncurrent assets	429	102
Other assets, net	$ 33,025	$ 36,748

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS

6 Months Ended

Sep. 30, 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 September 30, 2024 and March 31, 2024 that are measured at fair value on a recurring basis (dollars in thousands):


	September 30, 2024
	Cash and Cash Equivalents		Short-Term Investments		Other Current Assets		Total
Cash	$	25,695	$	—	$	—	$	25,695
Level 1:
Money market funds	313,251		—		—		313,251
Assets of non-qualified retirement plan	—		—		16,498		16,498
U.S. Treasury securities	—		1,994		—		1,994
Certificates of deposit	—		7,500		—		7,500
Total	$	338,946	$	9,494	$	16,498	$	364,938


	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

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 $3.1 million and $2.7 million of strategic investments without readily determinable fair values at September 30, 2024 and March 31, 2024, respectively (see Note 6). 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 condensed consolidated balance sheets. There were no impairment charges during the six months ended September 30, 2024 or 2023.

Certain of the Company’s non-financial assets were measured at fair value on a nonrecurring basis during the six months ended September 30, 2023. Property and equipment and right-of-use assets were reduced to fair value when they were impaired as a result of the Company’s lease-related restructuring plans. For additional information, see Note 13. During the quarter ended September 30, 2023, triggering events occurred which 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.

- 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

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenues	$ 185,483	$ 159,871	$ 361,444	$ 313,940
Cost of revenue	51,234	41,212	102,983	86,833
Gross profit	134,249	118,659	258,461	227,107
Operating expenses
Research and development	43,889	33,733	88,007	68,252
Sales and marketing	51,107	44,135	105,282	89,014
General and administrative	31,369	26,009	62,330	52,673
Gains, losses and other items, net	397	6,574	603	6,690
Total operating expenses	126,762	110,451	256,222	216,629
Income from operations	7,487	8,208	2,239	10,478
Total other income, net	4,197	6,431	8,641	11,280
Income from continuing operations before income taxes	11,684	14,639	10,880	21,758
Income tax expense	9,952	10,163	16,637	18,868
Net earnings (loss) from continuing operations	1,732	4,476	(5,757)	2,890
Earnings from discontinued operations, net of tax	0	387	0	387
Net earnings (loss)	$ 1,732	$ 4,863	$ (5,757)	$ 3,277
Basic earnings (loss) per share:
Continuing operations (in dollars per share)	$ 0.03	$ 0.07	$ (0.09)	$ 0.04
Discontinued operations (in dollars per share)	0.00	0.01	0.00	0.01
Basic earnings (loss) per share (in dollars per share)	0.03	0.07	(0.09)	0.05
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)	0.03	0.07	(0.09)	0.04
Discontinued operations (in dollars per share)	0.00	0.01	0.00	0.01
Diluted earnings (loss) per share (in dollars per share)	$ 0.03	$ 0.07	$ (0.09)	$ 0.05

STOCK-BASED COMPENSATION- Schedule of Stock-based Compensation Activity, by Award Type (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$ 57,053	$ 29,027
Total non-cash stock-based compensation included in the condensed consolidated statements of equity	54,626	26,588
Stock options
Share-based compensation
Share-based compensation expense	1,639	304
Restricted stock units \| Restricted stock units, time-vesting
Share-based compensation
Share-based compensation expense	43,929	22,175
Restricted stock units \| Restricted stock units, performance based
Share-based compensation
Share-based compensation expense	7,121	2,707
Restricted stock units \| Habu
Share-based compensation
Share-based compensation expense	429	0
Acuity performance plan \| Acuity performance plan
Share-based compensation
Share-based compensation expense	0	165
Consideration Holdback \| Habu
Share-based compensation
Share-based compensation expense	2,439	0
Consideration Holdback \| DataFleets acquisition consideration holdback
Share-based compensation
Share-based compensation expense	0	2,267
Employee stock purchase plan
Share-based compensation
Share-based compensation expense	871	784
Directors stock-based compensation
Share-based compensation
Share-based compensation expense	625	625
Liability-based equity awards
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$ (2,427)	$ (2,439)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 1,732	$ 4,863	$ (5,757)	$ 3,277
Other comprehensive income (loss):
Change in foreign currency translation adjustment	1,191	(998)	1,119	(937)
Comprehensive income (loss)	$ 2,923	$ 3,865	$ (4,638)	$ 2,340

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- 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 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 2: 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 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 5: 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 6: 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 7: 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 8: 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 9: 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 10: 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 11: 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 12: 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 13: 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 14: 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 15: 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 16: 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 17: 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/1943274/2147479168/946-830-55-10

Reference 18: 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/1943274/2147479105/946-220-45-7

Reference 19: 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/1943274/2147477250/944-220-S99-1

Reference 20: 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/1943274/2147479134/946-220-S99-1

Reference 21: 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/1943274/2147479134/946-220-S99-3

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)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 23: 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 24: 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 25: 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 26: 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 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)(i))
-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)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 29: 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 30: 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 31: 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 32: 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 33: 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 34: 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 35: 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 36: 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 37: 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/1943274/2147478524/942-220-S99-1

+ Details

LEASES - Schedule of Lease Cost (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating lease costs	$ 4,074	$ 4,708
Operating sublease income	482	0
Total leases costs, net	$ 3,592	$ 4,708

PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

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


	September 30, 2024		March 31, 2024

Leasehold improvements	$	14,572	$	14,147
Data processing equipment	5,931		5,915
Office furniture and other equipment	5,175		5,332
	25,678		25,394
Less accumulated depreciation and amortization	(18,304)		(17,213)
Property and equipment, net of accumulated depreciation and amortization	$	7,374	$	8,181

GOODWILL - Goodwill by Geography (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Goodwill information
Goodwill	$ 501,924	$ 501,756
U.S.
Goodwill information
Goodwill	$ 501,924

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 49
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-49

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/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(15))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482598/350-20-45-1

Reference 7: 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 8: 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 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

+ 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/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/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

Reference 3: 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 4: 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 5: 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 6: 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 7: 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 8: 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 9: 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 10: 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 11: 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 12: 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

+ Details

ALLOWANCE FOR CREDIT LOSSES (Tables)

6 Months Ended

Sep. 30, 2024

Credit Loss [Abstract]

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

The following table summarizes the Company's activity of allowance for credit losses, returns and credits (dollars in thousands):


	Balance at beginning of period		Additions charged to costs and expenses		Other changes		Bad debts written off, net of amounts recovered		Balance at end of period
For the six months ended September 30, 2024	$	9,199	$	1,245	$	20	$	(528)	$	9,936

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES - Schedule of Restructuring Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Mar. 31, 2024	Mar. 31, 2021
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	$ 397	$ 1,383	$ 575	$ 1,471
Employee-related reserves
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments			600		$ 4,200	$ 1,700
Continuing Operations
Restructuring Reserve [Roll Forward]
Restructuring reserve, at the beginning of the period			4,605
Restructuring charges and adjustments			577
Payments			(2,179)
Restructuring reserve, at the end of the period	3,003		3,003		4,605
Continuing Operations \| Employee-related reserves
Restructuring Reserve [Roll Forward]
Restructuring reserve, at the beginning of the period			1,680
Restructuring charges and adjustments			577
Payments			(1,631)
Restructuring reserve, at the end of the period	626		626		1,680
Continuing Operations \| Lease accruals
Restructuring Reserve [Roll Forward]
Restructuring reserve, at the beginning of the period			2,925
Restructuring charges and adjustments			0
Payments			(548)
Restructuring reserve, at the end of the period	$ 2,377		$ 2,377		$ 2,925

COMMITMENTS AND CONTINGENCIES - Schedule of Contractual Obligation, Fiscal Year Maturity (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Purchase Obligation, Fiscal Year Maturity [Abstract]
2025	$ 34,486
2026	22,318
2027	6,327
2028	3,375
Total	$ 66,506

STOCK-BASED COMPENSATION - Narrative (Details) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2024 USD ($) plan $ / shares shares	Jun. 30, 2024 shares	Sep. 30, 2024 USD ($) plan $ / shares shares	Sep. 30, 2023 USD ($)	Mar. 31, 2024 USD ($) shares	Mar. 31, 2023 shares
Share-based compensation
Number of performance plans \| plan	2		2
Future expense for performance stock option units	$ 158,702		$ 158,702
Performance stock
Share-based compensation
Aggregate fair value of restricted stock units granted			15,500
Performance-Based Restricted Stock Units Under The Total Shareholder Return Performance Plan
Share-based compensation
Aggregate fair value of restricted stock units granted			5,600
Habu
Share-based compensation
Non-cash stock-based compensation expense			3,300
Business combination, contingent consideration, liability	3,300		3,300
Business combination, contingent consideration, liability, expected costs	$ 4,900		4,900
Restricted Stock
Share-based compensation
Vested in period, fair value			$ 500
Restricted Stock \| Habu
Share-based compensation
Conversion of convertible securities (in shares) \| shares					36,118
Conversion of convertible securities					$ 1,400
Pre-combination service					100
Total fair value of the replacement stock options issued					$ 1,300
Employee stock purchase plan
Share-based compensation
Stock issued during period, ESPP (in shares) \| shares			104,574
Shares issued, price per share (in dollars per share) \| $ / shares	$ 26.60		$ 26.60
Stock issued during period, ESPP, value			$ 2,800
Share-based compensation expense			871	$ 784
Future expense for performance stock option units	$ 300		$ 300
Restricted stock units \| Vesting in Four Years
Share-based compensation
Granted (in shares) \| shares			1,801,372
Aggregate fair value of restricted stock units granted			$ 57,800
Restricted stock units \| Time-Based Vesting Over Three Years
Share-based compensation
Vesting period			3 years
Restricted stock units \| Time Based Vesting
Share-based compensation
Vested in period, fair value			$ 46,200
Granted (in shares) \| shares			1,801,372
Restricted stock units \| Performance stock
Share-based compensation
Granted (in shares) \| shares	429,857		429,857		199,946	101,931
The total fair value of performance-based restricted stock units			$ 1,000
Restricted stock units \| Performance-Based Restricted Stock Units Under The Total Shareholder Return Performance Plan
Share-based compensation
Granted (in shares) \| shares			128,953		466,550
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Minimum
Share-based compensation
Award vesting rights percentage			0.00%		0.00%	0.00%
Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Maximum
Share-based compensation
Award vesting rights percentage			200.00%		200.00%	200.00%
Restricted stock units \| Performance Based Stock Units Under Operating Metrics
Share-based compensation
Granted (in shares) \| shares						237,837
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 \| Habu
Share-based compensation
Share-based compensation expense			$ 429	$ 0
Stock Option and Equity Compensation Plans
Share-based compensation
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares) \| shares	51,500,000		51,500,000		49,000,000.0
Shares which remained available for future grants (in shares) \| shares	6,700,000		6,700,000
Amended and Restated 2005 Equity Compensation Plan
Share-based compensation
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares) \| shares	48,900,000		48,900,000		46,400,000
Number of available shares (in shares) \| shares		2,500,000
Operating Metrics Performance Plan \| Restricted stock units \| Performance stock
Share-based compensation
Granted (in shares) \| shares			300,904
Aggregate fair value of restricted stock units granted			$ 9,900
Operating Metrics Performance Plan \| Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Minimum
Share-based compensation
Award vesting rights percentage			0.00%		0.00%
Operating Metrics Performance Plan \| Restricted stock units \| Performance Shares Vesting Total Shareholder Return \| Maximum
Share-based compensation
Award vesting rights percentage			200.00%		200.00%

COVER PAGE - shares	6 Months Ended
COVER PAGE - shares	Sep. 30, 2024	Nov. 01, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		65,264,310
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000733269

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Sep. 30, 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 condensed 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 condensed 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 September 30, 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 $27.1 million as the Company is not able to predict the periods in which the payments will be made. The amount for 2025 represents the remaining six months ending March 31, 2025. All other periods represent fiscal years ending March 31 (dollars in thousands):


	For the years ending March 31,
	2025		2026		2027		2028		Total
Purchase commitments	$	34,486	$	22,318	$	6,327	$	3,375	$	66,506

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.

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended			24 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($) leasedOfficeSpace	Mar. 31, 2021 USD ($)	Mar. 31, 2024 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	$ 397	$ 1,383	$ 575	$ 1,471
Number of leased office space exited \| leasedOfficeSpace						8
ROU asset group impairments and adjustments	0	$ 1,918	0	$ 1,946	$ 26,500	$ 26,500
Operating lease, ROU asset, impairment loss								$ 22,200
Leasehold improvements					4,300			$ 4,300
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			600		4,200		$ 1,700
Employee Severance \| Restructuring Activity 2025
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	300		300
Employee Severance \| Restructuring Activity 2024
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	300		300
Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments					2,800	$ 2,800
Restructuring reserve	1,500		1,500
Facility Closing \| Restructuring Activity 2017
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			7,300
Restructuring reserve	$ 900		900
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			500
United States \| Employee Severance \| Restructuring Activity 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			$ 100
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
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

OTHER ACCRUED EXPENSES

6 Months Ended

Sep. 30, 2024

Other Accrued Expenses [Abstract].

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES:

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


	September 30, 2024		March 31, 2024
Liabilities of non-qualified retirement plan	$	16,498	$	14,284
Short-term lease liabilities (see Note 4)	10,099		10,125







Other miscellaneous accrued expenses	17,918		18,448
Other accrued expenses	$	44,515	$	42,857

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net earnings (loss)	$ 1,732	$ 4,863	$ (5,757)	$ 3,277

- Definition

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

+ References

+ Details

STOCK-BASED COMPENSATION - Restricted Stock Awards (Details) - Restricted Stock - Habu - $ / shares	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2024
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)			36,118
Vested (in shares)	(16,305)
Outstanding at the end of the period (in shares)	19,813	36,118	19,813
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)			$ 39.48
Vested (in dollars per share)	$ 39.48
Outstanding at the end of the period (in dollars per share)	$ 39.48	$ 39.48	$ 39.48
Weighted average remaining contractual term (in years)	10 months 24 days	1 year 3 months 18 days

INTANGIBLE ASSETS - Schedule of Estimated Future Amortization Expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2025	$ 6,822
2026	11,000
2027	9,167
Total intangible assets, net	$ 26,989	$ 34,583

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

These condensed consolidated financial statements have been prepared by LiveRamp Holdings, Inc. ("LiveRamp", "we", "us" or the "Company"), without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of the Company's management, all adjustments necessary for a fair presentation of the results for the periods included have been made, and the disclosures are adequate to make the information presented not misleading. All such adjustments are of a normal recurring nature. Certain note information has been omitted because it has not changed significantly from that reflected in Notes 1 through 18 of the Notes to Consolidated Financial Statements filed as part of Item 8 of the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024 (“2024 Annual Report”), as filed with the SEC on May 22, 2024. This Quarterly Report on Form 10-Q and the accompanying condensed consolidated financial statements should be read in connection with the 2024 Annual Report. The financial information contained in this Quarterly Report on Form 10-Q is not necessarily indicative of the results to be expected for any other period or for the full fiscal year ending March 31, 2025.

Management of the Company has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”). Actual results could differ from those estimates. Certain of the accounting policies used in the preparation of these condensed consolidated financial statements are complex and require management to make judgments and/or significant estimates regarding amounts reported or disclosed in these financial statements. Additionally, the application of certain of these accounting policies is governed by complex accounting principles and their interpretation. A discussion of the Company’s significant accounting principles and their application is included in Note 1 of the Notes to Consolidated Financial Statements and in Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, of the 2024 Annual Report.


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.

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Strategic investments without readily determinable fair values	$ 3,100,000		$ 3,100,000		$ 2,700,000
Impairment charges			0	$ 0
Impairment of goodwill	$ 0	$ 2,875,000	$ 0	$ 2,875,000

LEASES - Narrative (Details) $ in Thousands	Sep. 30, 2024 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Fiscal 2025	$ 5,438
Fiscal 2026	9,255
Leased Office Facilities
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Fiscal 2025	1,349
Fiscal 2026	$ 1,799

- 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 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476173/280-10-65-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476173/280-10-65-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 9
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482615/740-10-65-9

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 9
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482615/740-10-65-9

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 9
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482615/740-10-65-9

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 7
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-7

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483550/848-10-65-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)(3)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483550/848-10-65-2

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)(3)(iii)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483550/848-10-65-2

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483550/848-10-65-2

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483550/848-10-65-2

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 848
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483550/848-10-65-1

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479832/842-10-65-8

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479832/842-10-65-8

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 50
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477123/405-50-65-1

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 13
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482477/820-10-65-13

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482477/820-10-65-13

Reference 34: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-5

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-5

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-5

Reference 37: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-5

Reference 38: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 39: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 40: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 41: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 42: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 43: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 44: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 45: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 46: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (h)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 47: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (i)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 48: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (i)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480528/815-20-65-6

Reference 49: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479845/805-20-65-3

Reference 50: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479845/805-20-65-3

Reference 51: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 3
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479845/805-20-65-3

Reference 52: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 5
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479832/842-10-65-5

Reference 53: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-6

Reference 54: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-6

Reference 55: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-6

Reference 56: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-6

Reference 57: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 6
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-6

Reference 58: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 59: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 60: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 61: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (f)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 62: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (f)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 63: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 64: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 65: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 66: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(2)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 67: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 68: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (h)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480016/944-40-65-2

Reference 69: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 5
-Subparagraph (SAB Topic 11.M.Q2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480530/250-10-S99-5

Reference 70: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-4

Reference 71: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-4

Reference 72: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-4

Reference 73: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482615/740-10-65-8

Reference 74: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 8
-Subparagraph (d)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482615/740-10-65-8

Reference 75: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-4

Reference 76: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (e)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-4

Reference 77: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 4
-Subparagraph (e)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479654/326-10-65-4

Reference 78: http://www.xbrl.org/2003/role/disclosureRef
-Topic 926
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483194/926-20-65-2

Reference 79: http://www.xbrl.org/2003/role/disclosureRef
-Topic 926
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483194/926-20-65-2

Reference 80: http://www.xbrl.org/2003/role/disclosureRef
-Topic 926
-SubTopic 20
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483194/926-20-65-2

Reference 81: 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 82: 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 83: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 84: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 85: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482635/260-10-55-15

Reference 86: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483421/250-10-45-6

Reference 87: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 88: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 89: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 90: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 91: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 92: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 93: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 94: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (e)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 95: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (e)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 96: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (e)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 97: 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 98: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480424/946-10-50-3

Reference 99: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476166/350-60-65-1

Reference 100: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476166/350-60-65-1

+ Details

STOCK-BASED COMPENSATION - Schedule of Time-Vesting Restricted Stock Unit Activity (Details) - Restricted stock units - Time Based Vesting - $ / shares	3 Months Ended	6 Months Ended
	Mar. 31, 2024	Sep. 30, 2024
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)		4,401,513
Granted (in shares)		1,801,372
Vested (in shares)		(1,539,030)
Forfeited or canceled (in shares)		(321,646)
Outstanding at the end of the period (in shares)	4,401,513	4,342,209
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)		$ 31.10
Granted (in dollars per share)		32.10
Vested (in dollars per share)		29.49
Forfeited or cancelled (in dollars per share)		31.89
Outstanding at the end of the period (in dollars per share)	$ 31.10	$ 32.03
Weighted average remaining contractual term (in years)	1 year 7 months 20 days	1 year 10 months 9 days

REVENUE FROM CONTRACTS WITH CUSTOMERS - Transaction Price Allocated to the Remaining Performance Obligations - Narrative (Details) $ in Millions	Sep. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 503.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 374.1
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months

OTHER LIABILITIES (Tables)

6 Months Ended

Sep. 30, 2024

Other Liabilities Disclosure [Abstract]

Schedule of Other Liabilities

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


	September 30, 2024		March 31, 2024
Uncertain tax positions	$	27,094	$	25,289
Long-term lease liabilities (see Note 4)	28,894		32,097
Lease restructuring accruals and related sublease deposits	3,423		3,957
Deferred tax liabilities	262		224
Other	3,690		4,165
Other liabilities	$	63,363	$	65,732

GOODWILL (Tables)

6 Months Ended

Sep. 30, 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 the six months ended September 30, 2024 was as follows (dollars in thousands):


	Total
Balance at March 31, 2024	$	501,756

Change in foreign currency translation adjustment	168
Balance at September 30, 2024	$	501,924

Goodwill by geography as of September 30, 2024 was:


	Total
U.S.	$	501,924

- 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

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Current assets:
Cash and cash equivalents	$ 338,946	$ 336,867
Restricted cash	2,631	2,604
Short-term investments	9,494	32,045
Trade accounts receivable, net	192,067	190,313
Refundable income taxes, net	4,195	8,521
Other current assets	34,787	31,682
Total current assets	582,120	602,032
Property and equipment, net of accumulated depreciation and amortization	7,374	8,181
Intangible assets, net	26,989	34,583
Goodwill	501,924	501,756
Deferred commissions, net	43,456	48,143
Other assets, net	33,025	36,748
Total assets	1,194,888	1,231,443
Current liabilities:
Trade accounts payable	91,457	81,202
Accrued payroll and related expenses	27,340	61,575
Other accrued expenses	44,515	42,857
Deferred revenue	36,156	30,942
Total current liabilities	199,468	216,576
Other liabilities	63,363	65,732
Commitments and contingencies
Stockholders' equity:
Preferred stock	0	0
Common stock	15,782	15,594
Additional paid-in capital	1,994,541	1,933,776
Retained earnings	1,308,415	1,314,172
Accumulated other comprehensive income	5,083	3,964
Treasury stock, at cost	(2,391,764)	(2,318,371)
Total stockholders' equity	932,057	949,135
Total liabilities and stockholders' equity	$ 1,194,888	$ 1,231,443

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY - Narrative (Details) - USD ($) $ in Thousands, shares in Millions	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Aug. 14, 2024	Mar. 31, 2024
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Acquisition of treasury stock	$ 65,653	$ 35,325
Treasury stock, at cost	2,391,764			$ 2,318,371
Accumulated other comprehensive income balances	5,100			$ 4,000
Common Stock Repurchase Program
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock repurchase program, authorized additional amount			$ 200,000
Stock repurchase program, authorized amount	$ 1,300,000
Acquisition of treasury stock (in shares)	2.4
Acquisition of treasury stock	$ 65,700
Treasury stock, at cost (in shares)	40.2
Treasury stock, at cost	$ 1,000,000
Stock repurchase program, remaining amount	$ 291,700

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES (Tables)

6 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Activity

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


	Employee-related reserves		Lease accruals		Total






Balances at March 31, 2024	$	1,680	$	2,925	$	4,605
Restructuring charges and adjustments	577		—		577
Payments	(1,631)		(548)		(2,179)
Balances at September 30, 2024	$	626	$	2,377	$	3,003

Schedule of Gains, Losses and Other Items

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


	Three Months Ended September 30,				Six Months Ended September 30,
	2024		2023		2024		2023
Employee-related restructuring plan charges	$	397	$	1,383	$	575	$	1,471
Lease-related restructuring plan charges and adjustments	—		398		—		398

ROU asset group impairments and adjustments	—		1,918		—		1,946
Goodwill impairment	—		2,875		—		2,875

Other	—		—		28		—
	$	397	$	6,574	$	603	$	6,690

OTHER ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Other Accrued Expenses [Abstract].
Liabilities of non-qualified retirement plan	$ 16,498	$ 14,284
Short-term lease liabilities	10,099	10,125
Other miscellaneous accrued expenses	17,918	18,448
Other accrued expenses	$ 44,515	$ 42,857

LEASES - Schedule of Right-of-use assets and lease liabilities balances (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Leases [Abstract]
Right-of-use assets included in other assets, net	$ 21,192	$ 24,471
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	$ 10,099	$ 10,125
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	$ 28,894	$ 32,097
Operating lease, liability, noncurrent, statement of financial position [Extensible Enumeration]	Other liabilities	Other liabilities
Weighted average remaining lease term	4 years 10 months 24 days	5 years 3 months 18 days
Weighted average discount rate	5.30%	5.30%

PROPERTY AND EQUIPMENT

6 Months Ended

Sep. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT:

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


	September 30, 2024		March 31, 2024

Leasehold improvements	$	14,572	$	14,147
Data processing equipment	5,931		5,915
Office furniture and other equipment	5,175		5,332
	25,678		25,394
Less accumulated depreciation and amortization	(18,304)		(17,213)
Property and equipment, net of accumulated depreciation and amortization	$	7,374	$	8,181

Depreciation expense on property and equipment was $1.4 million for both the six months ended September 30, 2024 and 2023, respectively.

STOCK-BASED COMPENSATION - Schedule of Effect of Stock-based Compensation Expense on Income, by Financial Statement Line Item (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$ 57,053	$ 29,027
Cost of revenue
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	3,095	1,258
Research and development
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	21,125	10,370
Sales and marketing
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	14,476	8,522
General and administrative
Share-based compensation
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$ 18,357	$ 8,877

- 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

STOCK-BASED COMPENSATION- Schedule of Non-vested Performance-based Restricted Stock Unit Activity (Details) - Restricted stock units - Performance stock - $ / shares	3 Months Ended		6 Months Ended	12 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2024	Mar. 31, 2024	Mar. 31, 2023
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)			1,095,748
Granted (in shares)	429,857		429,857	199,946	101,931
Vested (in shares)	(29,939)
Forfeited or cancelled (in shares)	(59,545)
Outstanding at the end of the period (in shares)	1,436,121	1,095,748	1,436,121	1,095,748
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)			$ 31.15
Granted (in dollars per share)	$ 36.14
Vested (in dollars per share)	55.65
Forfeited or cancelled (in dollars per share)	51.21
Outstanding at the end of the period (in dollars per share)	$ 31.30	$ 31.15	$ 31.30	$ 31.15
Weighted average remaining contractual term (in years)	1 year 7 months 13 days	1 year 7 months 9 days

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

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.

COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Sep. 30, 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	$	34,486	$	22,318	$	6,327	$	3,375	$	66,506

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

6 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value


	September 30, 2024
	Cash and Cash Equivalents		Short-Term Investments		Other Current Assets		Total
Cash	$	25,695	$	—	$	—	$	25,695
Level 1:
Money market funds	313,251		—		—		313,251
Assets of non-qualified retirement plan	—		—		16,498		16,498
U.S. Treasury securities	—		1,994		—		1,994
Certificates of deposit	—		7,500		—		7,500
Total	$	338,946	$	9,494	$	16,498	$	364,938


	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

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY

6 Months Ended

Sep. 30, 2024

LOSS PER SHARE AND STOCKHOLDERS’ EQUITY

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY

LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY:

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):


	For the three months ended				For the six months ended
	September 30,				September 30,
	2024		2023		2024		2023
Basic earnings (loss) per share:
Net earnings (loss) from continuing operations	$	1,732	$	4,476	$	(5,757)	$	2,890
Earnings from discontinued operations, net of tax	—		387		—		387
Net earnings (loss)	$	1,732	$	4,863	$	(5,757)	$	3,277

Basic weighted-average shares outstanding	66,294		66,284		66,458		66,391

Continuing operations	$	0.03	$	0.07	$	(0.09)	$	0.04
Discontinued operations	—		0.01		—		0.01
Basic earnings (loss) per share	$	0.03	$	0.07	$	(0.09)	$	0.05

Diluted earnings (loss) per share:
Basic weighted-average shares outstanding	66,294		66,284		66,458		66,391
Dilutive effect of common stock options and restricted stock units as computed under the treasury stock method (1)	1,015		1,584		—		1,238
Diluted weighted-average shares outstanding	67,309		67,868		66,458		67,628

Continuing operations	$	0.03	$	0.07	$	(0.09)	$	0.04
Discontinued operations	—		0.01		—		0.01
Diluted earnings (loss) per share	$	0.03	$	0.07	$	(0.09)	$	0.05

Earnings (loss) per share totals may not sum due to rounding.


	For the three months ended		For the six months ended
	September 30,		September 30,
	2024	2023	2024	2023
Number of shares underlying restricted stock units	2,473	1,167	2,166	1,208

Stockholders’ Equity

On August 14, 2024, the Company's board of directors approved an amendment to the existing common stock repurchase program, which was initially adopted in 2011. The amendment authorized an additional $200.0 million in share repurchases, increasing the total amount authorized for repurchase under the common stock repurchase program to $1.3 billion. In addition, it extended the common stock repurchase program duration through December 31, 2026.

During the six months ended September 30, 2024, the Company repurchased 2.4 million shares of its common stock for $65.7 million under the modified common stock repurchase program. Through September 30, 2024, the Company had repurchased a total of 40.2 million shares of its common stock for $1.0 billion under the program, leaving remaining capacity of $291.7 million.

Accumulated other comprehensive income balances of $5.1 million and $4.0 million at September 30, 2024 and March 31, 2024, respectively, reflect accumulated foreign currency translation adjustments.

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES - Schedule of Gains, Losses and Other Items (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Mar. 31, 2024	Mar. 31, 2023
Restructuring and Related Activities [Abstract]
Employee-related restructuring plan charges	$ 397	$ 1,383	$ 575	$ 1,471
Lease-related restructuring plan charges and adjustments	0	398	0	398
ROU asset group impairments and adjustments	0	1,918	0	1,946	$ 26,500	$ 26,500
Goodwill impairment	0	2,875	0	2,875
Other	0	0	28	0
Gains, losses and other items, net	$ 397	$ 6,574	$ 603	$ 6,690

GOODWILL - Schedule of Changes in Goodwill (Details) $ in Thousands	6 Months Ended
	Sep. 30, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill at the beginning of year	$ 501,756
Change in foreign currency translation adjustment	168
Goodwill at the end of year	$ 501,924

- Definition

+ References

+ Details

FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS - Schedule of Fair Value Measurements within the Fair Value Hierarchy (Details) - Fair value measurements on recurring basis - USD ($) $ in Thousands	Sep. 30, 2024	Mar. 31, 2024
Fair value of assets and liabilities
Cash and Cash Equivalents	$ 338,946	$ 336,867
Short-Term Investments	9,494	32,045
Other Current Assets	16,498	14,284
Total assets	364,938	383,196
Cash
Fair value of assets and liabilities
Cash and Cash Equivalents	25,695	33,224
Short-Term Investments	0	0
Other Current Assets	0	0
Total assets	25,695	33,224
Level 1: \| Money market funds
Fair value of assets and liabilities
Cash and Cash Equivalents	313,251	303,643
Short-Term Investments	0	0
Other Current Assets	0	0
Total assets	313,251	303,643
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	16,498	14,284
Total assets	16,498	14,284
Level 1: \| U.S. Treasury securities
Fair value of assets and liabilities
Cash and Cash Equivalents	0	0
Short-Term Investments	1,994	24,545
Other Current Assets	0	0
Total assets	1,994	24,545
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

ALLOWANCE FOR CREDIT LOSSES - Schedule of the Activity of the Allowance for Doubtful Accounts, Returns and Credits (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 9,199
Additions charged to costs and expenses	1,245	$ (237)
Other changes	20
Bad debts written off, net of amounts recovered	(528)
Balance at end of period	$ 9,936

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

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.

COMMITMENTS AND CONTINGENCIES - Narrative (Details) $ in Millions	Sep. 30, 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	$ 27.1

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES

6 Months Ended

Sep. 30, 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 six months ended September 30, 2024. The restructuring charges and adjustments are included in gains, losses and other items, net in the condensed consolidated statements of operations. The reserve balances are included in other accrued expenses and other liabilities in the condensed consolidated balance sheets (dollars in thousands).


	Employee-related reserves		Lease accruals		Total






Balances at March 31, 2024	$	1,680	$	2,925	$	4,605
Restructuring charges and adjustments	577		—		577
Payments	(1,631)		(548)		(2,179)
Balances at September 30, 2024	$	626	$	2,377	$	3,003

Employee-related Restructuring Plans

During the six months ended September 30, 2024, the Company recorded a total of $0.6 million in employee-related restructuring charges and adjustments. The expense included $0.5 million of severance and other employee-related charges in the United States and $0.1 million in adjustments to the fiscal 2021 employee-related restructuring plans for employees in the United States. Of the fiscal 2025 employee-related restructuring plans, $0.3 million remained accrued as of September 30, 2024 and is expected to be paid out during fiscal 2025.

In fiscal 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, $0.3 million remained accrued as of September 30, 2024 and is expected to be paid out during fiscal 2025.

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. The remaining fiscal 2021 employee-related charges were paid out during fiscal 2025.

Lease-related Impairments and Restructuring Plans

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 $26.5 million during fiscal 2023 and 2024, 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 $22.2 million, and the associated furniture, equipment, and leasehold improvements of $4.3 million. Additionally, the Company recorded $2.8 million in lease-related restructuring charges and adjustments during fiscal 2023 and 2024 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, $1.5 million remain accrued as of September 30, 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 September 30, 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, $0.9 million remained accrued at September 30, 2024.

Gains, Losses and Other Items, Net


	Three Months Ended September 30,				Six Months Ended September 30,
	2024		2023		2024		2023
Employee-related restructuring plan charges	$	397	$	1,383	$	575	$	1,471
Lease-related restructuring plan charges and adjustments	—		398		—		398

ROU asset group impairments and adjustments	—		1,918		—		1,946
Goodwill impairment	—		2,875		—		2,875

Other	—		—		28		—
	$	397	$	6,574	$	603	$	6,690

LEASES (Tables)

6 Months Ended

Sep. 30, 2024

Leases [Abstract]

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

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



	September 30, 2024			March 31, 2024
Right-of-use assets included in other assets, net	$	21,192		$	24,471
Short-term lease liabilities included in other accrued expenses	$	10,099		$	10,125
Long-term lease liabilities included in other liabilities	$	28,894		$	32,097

Supplemental balance sheet information:
Weighted average remaining lease term	4.9 years			5.3 years
Weighted average discount rate	5.3		%	5.3		%

The components of lease cost, net for the six months ended September 30, 2024 and 2023, respectively, were as follows (dollars in thousands):


	For the six months ended September 30,
	2024		2023
Operating lease costs	$	4,074	$	4,708
Operating sublease income	482		—
Total leases costs, net	$	3,592	$	4,708

Schedule of Future Minimum Payments under all Operating Leases

The following table presents future minimum payments under all operating leases and subleases (including operating leases with a duration of one year or less and excluding ASC 840 leases related to restructuring plans) as of September 30, 2024. The amount for fiscal 2025 represents the remaining six months ending March 31, 2025. All other periods represent fiscal years ending March 31 (dollars in thousands):


	Operating lease payments		Payments expected under noncancellable subleases		Net operating lease payments
Fiscal 2025	$	5,438	$	(454)	4,984
Fiscal 2026	9,255		(1,059)		8,196
Fiscal 2027	8,338		(1,091)		7,247
Fiscal 2028	8,472		(1,124)		7,348
Fiscal 2029	8,529		(1,157)		7,372
Thereafter	4,301		(99)		4,202
Total undiscounted lease payments	44,333		(4,984)		39,349
Less: Interest and short-term leases	5,340		(900)		4,440
Total discounted operating lease liabilities	$	38,993	$	(4,084)	$	34,909

Schedule of Future Minimum Payments under Sublease Income


	Operating lease payments		Payments expected under noncancellable subleases		Net operating lease payments
Fiscal 2025	$	5,438	$	(454)	4,984
Fiscal 2026	9,255		(1,059)		8,196
Fiscal 2027	8,338		(1,091)		7,247
Fiscal 2028	8,472		(1,124)		7,348
Fiscal 2029	8,529		(1,157)		7,372
Thereafter	4,301		(99)		4,202
Total undiscounted lease payments	44,333		(4,984)		39,349
Less: Interest and short-term leases	5,340		(900)		4,440
Total discounted operating lease liabilities	$	38,993	$	(4,084)	$	34,909

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional paid-In capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury Stock
Balance, beginning of the period (in shares) at Mar. 31, 2023		153,987,784
Balance, beginning of the period at Mar. 31, 2023	$ 926,076	$ 15,399	$ 1,855,916	$ 1,302,291	$ 4,504	$ (2,252,034)
Treasury stock, beginning balance (in shares) at Mar. 31, 2023						(87,372,837)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		282,924				(183,057)
Employee stock awards, benefit plans and other issuances	1,006	$ 28	5,547			$ (4,569)
Non-cash stock-based compensation (in shares)		22,525
Non-cash stock-based compensation	26,588	$ 2	26,586
Restricted stock units vested (in shares)		394,111
Restricted stock units vested	0	$ 39	(39)
Liability-classified restricted stock units vested (in shares)		44,796
Liability-classified restricted stock units vested	1,173	$ 5	1,168
Acquisition of treasury stock (in shares)						(1,325,093)
Acquisition of treasury stock	(35,325)					$ (35,325)
Comprehensive income:
Foreign currency translation	(937)				(937)
Net earnings (loss)	3,277			3,277
Balance, end of the period (in shares) at Sep. 30, 2023		154,732,140
Balance, end of the period at Sep. 30, 2023	921,858	$ 15,473	1,889,178	1,305,568	3,567	$ (2,291,928)
Treasury stock, ending balance (in shares) at Sep. 30, 2023						(88,880,987)
Balance, beginning of the period (in shares) at Jun. 30, 2023		154,551,628
Balance, beginning of the period at Jun. 30, 2023	918,531	$ 15,455	1,873,935	1,300,705	4,565	$ (2,276,129)
Treasury stock, beginning balance (in shares) at Jun. 30, 2023						(88,367,267)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		4,060				(23,227)
Employee stock awards, benefit plans and other issuances	(675)		2			$ (677)
Non-cash stock-based compensation (in shares)		10,205
Non-cash stock-based compensation	14,086	$ 1	14,085
Restricted stock units vested (in shares)		121,451
Restricted stock units vested	0	$ 12	(12)
Liability-classified restricted stock units vested (in shares)		44,796
Liability-classified restricted stock units vested	1,173	$ 5	1,168
Acquisition of treasury stock (in shares)						(490,493)
Acquisition of treasury stock	(15,122)					$ (15,122)
Comprehensive income:
Foreign currency translation	(998)				(998)
Net earnings (loss)	4,863			4,863
Balance, end of the period (in shares) at Sep. 30, 2023		154,732,140
Balance, end of the period at Sep. 30, 2023	921,858	$ 15,473	1,889,178	1,305,568	3,567	$ (2,291,928)
Treasury stock, ending balance (in shares) at Sep. 30, 2023						(88,880,987)
Balance, beginning of the period (in shares) at Mar. 31, 2024		155,943,262
Balance, beginning of the period at Mar. 31, 2024	949,135	$ 15,594	1,933,776	1,314,172	3,964	$ (2,318,371)
Treasury stock, beginning balance (in shares) at Mar. 31, 2024						(89,668,961)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		289,344				(244,530)
Employee stock awards, benefit plans and other issuances	(1,413)	$ 29	6,298			$ (7,740)
Non-cash stock-based compensation (in shares)		20,555
Non-cash stock-based compensation	54,626	$ 2	54,624
Restricted stock units vested (in shares)		1,568,969
Restricted stock units vested	0	$ 157	(157)
Acquisition of treasury stock (in shares)						(2,444,527)
Acquisition of treasury stock	(65,653)					$ (65,653)
Comprehensive income:
Foreign currency translation	1,119				1,119
Net earnings (loss)	(5,757)			(5,757)
Balance, end of the period (in shares) at Sep. 30, 2024		157,822,130
Balance, end of the period at Sep. 30, 2024	932,057	$ 15,782	1,994,541	1,308,415	5,083	$ (2,391,764)
Treasury stock, ending balance (in shares) at Sep. 30, 2024						(92,358,018)
Balance, beginning of the period (in shares) at Jun. 30, 2024		157,256,866
Balance, beginning of the period at Jun. 30, 2024	951,876	$ 15,726	1,966,578	1,306,683	3,892	$ (2,341,003)
Treasury stock, beginning balance (in shares) at Jun. 30, 2024						(90,377,447)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		16,742				(34,618)
Employee stock awards, benefit plans and other issuances	(733)	$ 1	159			$ (893)
Non-cash stock-based compensation (in shares)		12,271
Non-cash stock-based compensation	27,859	$ 1	27,858
Restricted stock units vested (in shares)		536,251
Restricted stock units vested	0	$ 54	(54)
Acquisition of treasury stock (in shares)						(1,945,953)
Acquisition of treasury stock	(49,868)					$ (49,868)
Comprehensive income:
Foreign currency translation	1,191				1,191
Net earnings (loss)	1,732			1,732
Balance, end of the period (in shares) at Sep. 30, 2024		157,822,130
Balance, end of the period at Sep. 30, 2024	$ 932,057	$ 15,782	$ 1,994,541	$ 1,308,415	$ 5,083	$ (2,391,764)
Treasury stock, ending balance (in shares) at Sep. 30, 2024						(92,358,018)

LEASES

6 Months Ended

Sep. 30, 2024

Leases [Abstract]

LEASES

LEASES:

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



	September 30, 2024			March 31, 2024
Right-of-use assets included in other assets, net	$	21,192		$	24,471
Short-term lease liabilities included in other accrued expenses	$	10,099		$	10,125
Long-term lease liabilities included in other liabilities	$	28,894		$	32,097

Supplemental balance sheet information:
Weighted average remaining lease term	4.9 years			5.3 years
Weighted average discount rate	5.3		%	5.3		%

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.

The components of lease cost, net for the six months ended September 30, 2024 and 2023, respectively, were as follows (dollars in thousands):


	For the six months ended September 30,
	2024		2023
Operating lease costs	$	4,074	$	4,708
Operating sublease income	482		—
Total leases costs, net	$	3,592	$	4,708


	Operating lease payments		Payments expected under noncancellable subleases		Net operating lease payments
Fiscal 2025	$	5,438	$	(454)	4,984
Fiscal 2026	9,255		(1,059)		8,196
Fiscal 2027	8,338		(1,091)		7,247
Fiscal 2028	8,472		(1,124)		7,348
Fiscal 2029	8,529		(1,157)		7,372
Thereafter	4,301		(99)		4,202
Total undiscounted lease payments	44,333		(4,984)		39,349
Less: Interest and short-term leases	5,340		(900)		4,440
Total discounted operating lease liabilities	$	38,993	$	(4,084)	$	34,909

Future minimum payments as of September 30, 2024 related to ASC 840 lease liabilities under restructuring plans as a result of the Company's exit from certain leased office facilities (see Note 13) are as follows (dollars in thousands): Fiscal 2025: $1,349; and Fiscal 2026: $1,799.

OTHER LIABILITIES

6 Months Ended

Sep. 30, 2024

Other Liabilities Disclosure [Abstract]

OTHER LIABILITIES

OTHER LIABILITIES:

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


	September 30, 2024		March 31, 2024
Uncertain tax positions	$	27,094	$	25,289
Long-term lease liabilities (see Note 4)	28,894		32,097
Lease restructuring accruals and related sublease deposits	3,423		3,957
Deferred tax liabilities	262		224
Other	3,690		4,165
Other liabilities	$	63,363	$	65,732

STOCK-BASED COMPENSATION

6 Months Ended

Sep. 30, 2024

Equity [Abstract]

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION:

Stock-based Compensation Plans

The Company has stock option and equity compensation plans for which a total of 51.5 million shares of the Company’s common stock have been reserved for issuance since the inception of the plans. At September 30, 2024, there were a total of 6.7 million shares available for future grants under the plans.

During the quarter ended June 30, 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 2005 Plan by 2.5 million shares. The amendment received shareholder approval at the August 2024 annual shareholders' meeting. This increased the 2005 Plan shares from 46.4 million shares at March 31, 2024 to 48.9 million shares beginning in the quarter ended September 30, 2024 and increased the total number of shares reserved for issuance since inception of all plans from 49.0 million shares at March 31, 2024 to 51.5 million shares beginning in the quarter ended September 30, 2024.

Stock-based Compensation Expense

The Company's stock-based compensation activity for the six months ended September 30, 2024 and 2023, by award type, was (dollars in thousands):


	For the six months ended
	September 30,
	2024		2023
Stock options	$	1,639	$	304

Restricted stock units, time-vesting	43,929		22,175
Restricted stock units, performance based	7,121		2,707

Habu restricted stock awards	429		—



Acuity performance plan	—		165
DataFleets acquisition consideration holdback	—		2,267
Habu acquisition consideration holdback	2,439		—
Employee stock purchase plan	871		784
Directors stock-based compensation	625		625
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	57,053		29,027
Less expense related to liability-based equity awards	(2,427)		(2,439)

Total non-cash stock-based compensation included in the condensed consolidated statements of equity	$	54,626	$	26,588

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


	For the six months ended
	September 30,
	2024		2023
Cost of revenue	$	3,095	$	1,258
Research and development	21,125		10,370
Sales and marketing	14,476		8,522
General and administrative	18,357		8,877
Total non-cash stock-based compensation included in the condensed consolidated statements of operations	$	57,053	$	29,027


	For the years ending March 31,
	2025		2026		2027		2028		Total
Stock options	$	1,607	$	2,331	$	1,159	$	95	$	5,192
Restricted stock units	48,296		57,482		32,483		2,885		141,146
Habu restricted stock awards	423		272		6		—		701
Habu acquisition consideration holdback	2,440		4,879		4,067		—		11,386
Employee stock purchase plan	277		—		—		—		277
Expected future expense	$	53,043	$	64,964	$	37,715	$	2,980	$	158,702

Stock Options Activity

Stock option activity for the six months ended September 30, 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, 2024	622,122	$	14.39

Exercised	(189,313)	$	18.82		$	2,455
Forfeited or canceled	(8,899)	$	9.65
Outstanding at September 30, 2024	423,910	$	12.51	4.6	$	5,202
Exercisable at September 30, 2024	253,335	$	14.82	2.2	$	2,524

The aggregate intrinsic value at period end represents the total pre-tax intrinsic value (the difference between the Company’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 September 30, 2024. This amount changes based upon changes in the fair market value of the Company's common stock.

A summary of stock options outstanding and exercisable as of September 30, 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	232,108	7.8 years	$	8.24	61,533	$	5.91
$	10.00	—	$	19.99	182,603	0.6 years	$	17.49	182,603	$	17.49
$	20.00	—	$	24.99	9,199	1.7 years	$	21.32	9,199	$	21.32

					423,910	4.6 years	$	12.51	253,335	$	14.82

Habu 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. 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 is being recognized as stock-based compensation cost over the remaining service period of the replacement restricted stock shares.

Habu restricted stock share activity for the six months ended September 30, 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, 2024	36,118	$	39.48	1.3

Vested	(16,305)	$	39.48
Unvested restricted stock awards at September 30, 2024	19,813	$	39.48	0.9

The total fair value of restricted stock awards vested during the six months ended September 30, 2024 was $0.5 million and is measured as the quoted market price of the Company's common stock on the vesting date for the number of shares vested.

Restricted Stock Unit Activity

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

During the six months ended September 30, 2024, the Company granted time-vesting RSUs covering 1,801,372 shares of common stock and having a fair value at the date of grant of $57.8 million. The RSUs granted in the current year will 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. RSU activity for the six months ended September 30, 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, 2024	4,401,513	$	31.10	1.64
Granted	1,801,372	$	32.10
Vested	(1,539,030)	$	29.49

Forfeited or canceled	(321,646)	$	31.89
Outstanding at September 30, 2024	4,342,209	$	32.03	1.86

The total fair value of RSUs vested during the six months ended September 30, 2024 was $46.2 million and is measured as the quoted market price of the Company's common stock on the vesting date times the number of shares vested.

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

Fiscal 2025 plan:

During the six months ended September 30, 2024, the Company granted PSUs covering 429,857 shares of common stock having a fair value at the date of grant of $15.5 million. The grants were made under two separate performance plans.

Under the total shareholder return ("TSR") performance plan, units covering 128,953 shares of common stock were granted having a fair value at the date of grant of $5.6 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the talent and compensation committee of the board of directors (“compensation committee”) and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the TSR of LiveRamp common stock compared to the TSR of the Russell 2000 market index for the period from April 1, 2024 to March 31, 2027.

Under the operating metrics performance plan, units covering 300,904 shares of common stock were granted having a fair value at the date of grant of $9.9 million, which was equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, at the end of the performance period, based on the average attainment of annual revenue growth and EBITDA margin targets for fiscal years 2025, 2026, and 2027.

Fiscal 2024 plan:

Units under the Company's fiscal 2024 TSR performance plan, net of forfeitures, covering 199,946 shares of common stock will reach maturity of their relevant performance period at March 31, 2026. 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.

Units under the Company's fiscal 2024 operating metrics performance plan, net of forfeitures, covering 466,550 shares of common stock will reach maturity of their relevant performance period at March 31, 2026. 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:

Units under the Company's fiscal 2023 TSR performance plan, net of forfeitures, covering 101,931 shares of common stock will reach maturity of their relevant performance period at March 31, 2025. 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.

Units under the Company's fiscal 2023 operating metrics performance plan, net of forfeitures, covering 237,837 shares of common stock will reach maturity of their relevant performance period at March 31, 2025. 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.

PSU activity for the six months ended September 30, 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, 2024	1,095,748	$	31.15	1.61
Granted	429,857	$	36.14

Vested	(29,939)	$	55.65

Forfeited or canceled	(59,545)	$	51.21
Outstanding at September 30, 2024	1,436,121	$	31.30	1.62

The total fair value of PSUs vested in the six months ended September 30, 2024 was $1.0 million and is measured as the quoted market price of the Company’s common stock on the vesting date times the number of shares vested.

Other Stock Compensation Activity

Acquisition-related Consideration Holdback

Through September 30, 2024, the Company has recognized a total of $3.3 million as stock-based compensation expense related to the Habu consideration holdback. At September 30, 2024, the recognized, but unpaid, balance related to the Habu consideration holdback in other accrued expenses in the condensed consolidated balance sheet was $3.3 million. The first annual settlement of $4.9 million is expected to occur in the fourth quarter of fiscal 2025.

Qualified Employee Stock Purchase Plan ("ESPP")

During the six months ended September 30, 2024, 104,574 shares of common stock were purchased under the ESPP at a weighted-average price of $26.60 per share, resulting in cash proceeds of $2.8 million over the relevant offering periods.

Stock-based compensation expense associated with the ESPP was $0.9 million for the six months ended September 30, 2024. At September 30, 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.