LiveRamp (RAMP) 10-Q 2 Nov 21 2022 Q2 Quarterly report Financial data

COVER PAGE

COVER PAGE - shares	6 Months Ended
	Sep. 30, 2021	Oct. 28, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-38669
Entity Registrant Name	LiveRamp Holdings, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	83-1269307
Entity Address, Address Line One	225 Bush Street, Seventeenth Floor
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94104
City Area Code	866
Local Phone Number	352-3267
Title of 12(b) Security	Common Stock, $.10 Par Value
Trading Symbol	RAMP
Security Exchange Name	NYSE
Entity 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		68,093,122
Entity Central Index Key	0000733269
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Current assets:
Cash and cash equivalents	$ 535,590	$ 572,787
Restricted cash	8,731	8,900
Trade accounts receivable, net	130,948	114,284
Refundable income taxes	64,079	65,692
Other current assets	35,246	64,052
Total current assets	774,594	825,715
Property and equipment, net of accumulated depreciation and amortization	10,298	11,957
Intangible assets, net	33,970	39,730
Goodwill	363,895	357,446
Deferred commissions, net	27,988	22,619
Other assets, net	71,627	30,854
Total assets	1,282,372	1,288,321
Current liabilities:
Trade accounts payable	44,267	39,955
Accrued payroll and related expenses	24,427	46,438
Other accrued expenses	47,766	58,353
Acquisition escrow payable	8,731	8,900
Deferred revenue	11,058	11,603
Total current liabilities	136,249	165,249
Other liabilities	73,176	42,389
Commitments and contingencies (Note 15)
Stockholders' equity:
Preferred stock	0	0
Common stock	14,887	14,781
Additional paid-in capital	1,669,461	1,630,072
Retained earnings	1,465,760	1,454,826
Accumulated other comprehensive income	5,976	7,522
Treasury stock, at cost	(2,083,137)	(2,026,518)
Total stockholders' equity	1,072,947	1,080,683
Total liabilities and stockholders' equity	$ 1,282,372	$ 1,288,321

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Revenues	$ 127,290	$ 104,661	$ 246,328	$ 204,098
Cost of revenue	35,079	34,897	69,394	69,362
Gross profit	92,211	69,764	176,934	134,736
Operating expenses:
Research and development	35,788	31,035	70,564	58,024
Sales and marketing	39,509	41,705	81,488	80,332
General and administrative	23,078	24,495	47,369	47,863
Gains, losses and other items, net	18	(619)	1,296	1,376
Total operating expenses	98,393	96,616	200,717	187,595
Loss from operations	(6,182)	(26,852)	(23,783)	(52,859)
Total other income (expense)	150	(225)	30,751	238
Loss from continuing operations before income taxes	(6,032)	(27,077)	6,968	(52,621)
Income tax benefit	399	(3,109)	(3,966)	(6,925)
Net earnings (loss)	$ (6,431)	$ (23,968)	$ 10,934	$ (45,696)
Basic earnings (loss) per share:
Basic earnings (loss) per share (in USD per share)	$ (0.09)	$ (0.36)	$ 0.16	$ (0.69)
Diluted earnings (loss) per share:
Diluted earnings (loss) per share (in USD per share)	$ (0.09)	$ (0.36)	$ 0.16	$ (0.69)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (6,431)	$ (23,968)	$ 10,934	$ (45,696)
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(994)	602	(1,546)	1,199
Comprehensive income (loss)	$ (7,425)	$ (23,366)	$ 9,388	$ (44,497)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional paid-in Capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury Stock
Balance, beginning of the period (in shares) at Mar. 31, 2020		143,938,753				(78,081,314)
Balance, beginning of the period at Mar. 31, 2020	$ 1,087,512	$ 14,394	$ 1,496,565	$ 1,545,094	$ 5,745	$ (1,974,286)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		194,816				(113,612)
Employee stock awards, benefit plans and other issuances	(2,194)	$ 19	3,542			$ (5,755)
Non-cash stock-based compensation (in shares)		13,551
Non-cash stock-based compensation	27,912	$ 1	27,911
Restricted stock units vested (in shares)		777,618
Restricted stock units vested		$ 78	(78)
Liability-classified restricted stock units vested (in shares)		780,400
Liability-classified restricted stock units vested	24,441	$ 78	24,363
Acquisition of treasury stock (in shares)						(1,321,666)
Acquisition of treasury stock	(42,312)					$ (42,312)
Other comprehensive income (loss):
Foreign currency translation	1,199				1,199
Net earnings (loss)	(45,696)			(45,696)
Balance, end of the period (in shares) at Sep. 30, 2020		145,705,138				(79,516,592)
Balance, end of the period at Sep. 30, 2020	1,050,862	$ 14,570	1,552,303	1,499,398	6,944	$ (2,022,353)
Balance, beginning of the period (in shares) at Jun. 30, 2020		145,248,520				(79,443,337)
Balance, beginning of the period at Jun. 30, 2020	1,058,289	$ 14,525	1,532,481	1,523,366	6,342	$ (2,018,425)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		127,026				(73,255)
Employee stock awards, benefit plans and other issuances	(1,504)	$ 12	2,412			$ (3,928)
Non-cash stock-based compensation (in shares)		5,606
Non-cash stock-based compensation	17,443		17,443
Restricted stock units vested (in shares)		323,986
Restricted stock units vested		$ 33	(33)
Other comprehensive income (loss):
Foreign currency translation	602				602
Net earnings (loss)	(23,968)			(23,968)
Balance, end of the period (in shares) at Sep. 30, 2020		145,705,138				(79,516,592)
Balance, end of the period at Sep. 30, 2020	1,050,862	$ 14,570	1,552,303	1,499,398	6,944	$ (2,022,353)
Balance, beginning of the period (in shares) at Mar. 31, 2021		147,814,965				(79,585,710)
Balance, beginning of the period at Mar. 31, 2021	1,080,683	$ 14,781	1,630,072	1,454,826	7,522	$ (2,026,518)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		166,230				(249,257)
Employee stock awards, benefit plans and other issuances	(8,264)	$ 17	4,261			$ (12,542)
Non-cash stock-based compensation (in shares)		37,914
Non-cash stock-based compensation	25,394	$ 4	25,390
Restricted stock units vested (in shares)		592,061
Restricted stock units vested		$ 59	(59)
Acquisition-related restricted stock award (in shares)		40,600
Acquisition-related restricted stock award		$ 4	(4)
Liability-classified restricted stock units vested (in shares)		218,414
Liability-classified restricted stock units vested	9,823	$ 22	9,801
Acquisition of treasury stock (in shares)						(996,814)
Acquisition of treasury stock	(44,077)					$ (44,077)
Other comprehensive income (loss):
Foreign currency translation	(1,546)				(1,546)
Net earnings (loss)	10,934			10,934
Balance, end of the period (in shares) at Sep. 30, 2021		148,870,184				(80,831,781)
Balance, end of the period at Sep. 30, 2021	1,072,947	$ 14,887	1,669,461	1,465,760	5,976	$ (2,083,137)
Balance, beginning of the period (in shares) at Jun. 30, 2021		148,659,703				(80,439,519)
Balance, beginning of the period at Jun. 30, 2021	1,080,596	$ 14,866	1,653,525	1,472,191	6,970	$ (2,066,956)
Increase (Decrease) in Stockholders' Equity
Employee stock awards, benefit plans and other issuances (in shares)		46,675				(25,403)
Employee stock awards, benefit plans and other issuances	(184)	$ 5	992			$ (1,181)
Non-cash stock-based compensation (in shares)		29,538
Non-cash stock-based compensation	13,259	$ 3	13,256
Restricted stock units vested (in shares)		96,622
Restricted stock units vested	0	$ 9	(9)
Liability-classified restricted stock units vested (in shares)		37,646
Liability-classified restricted stock units vested	1,701	$ 4	1,697
Acquisition of treasury stock (in shares)						(366,859)
Acquisition of treasury stock	(15,000)					$ (15,000)
Other comprehensive income (loss):
Foreign currency translation	(994)				(994)
Net earnings (loss)	(6,431)			(6,431)
Balance, end of the period (in shares) at Sep. 30, 2021		148,870,184				(80,831,781)
Balance, end of the period at Sep. 30, 2021	$ 1,072,947	$ 14,887	$ 1,669,461	$ 1,465,760	$ 5,976	$ (2,083,137)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net earnings (loss)	$ 10,934	$ (45,696)
Non-cash operating activities:
Depreciation and amortization	12,404	14,955
Loss on disposal or impairment of assets	142	333
Gain on distribution from retained profits interest	(30,052)	0
Provision for doubtful accounts	1,282	2,522
Deferred income taxes	(771)	(485)
Non-cash stock compensation expense	37,717	40,689
Changes in operating assets and liabilities:
Accounts receivable, net	(18,073)	(9,584)
Deferred commissions	(5,369)	(3,445)
Other assets	23,408	7,703
Accounts payable and other liabilities	(36,829)	(20,671)
Income taxes, net	(632)	(3,583)
Deferred revenue	(501)	(101)
Net cash used in operating activities	(6,340)	(17,363)
Cash flows from investing activities:
Capital expenditures	(1,303)	(1,128)
Cash paid in acquisitions, net of cash received	(8,368)	(2,933)
Distribution from retained profits interest	31,000	0
Purchases of strategic investments	0	(1,873)
Net cash provided by (used in) investing activities	21,329	(5,934)
Cash flows from financing activities:
Proceeds related to the issuance of common stock under stock and employee benefit plans	4,278	3,561
Shares repurchased for tax withholdings upon vesting of stock-based awards	(12,542)	(5,755)
Acquisition of treasury stock	(44,077)	(42,312)
Net cash used in financing activities	(52,341)	(44,506)
Effect of exchange rate changes on cash	(14)	683
Net change in cash and cash equivalents	(37,366)	(67,120)
Cash and cash equivalents at beginning of period	581,687	732,626
Cash and cash equivalents at end of period	544,321	665,506
Supplemental cash flow information:
Cash (received) for income taxes, net	(2,569)	(2,863)
Operating lease assets obtained in exchange for operating lease liabilities	$ 35,691	$ 0

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	6 Months Ended
	Sep. 30, 2021
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 19 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, 2021 (“2021 Annual Report”), as filed with the SEC on May 27, 2021. This quarterly report and the accompanying condensed consolidated financial statements should be read in connection with the 2021 Annual Report. The financial information contained in this quarterly report is not necessarily indicative of the results to be expected for any other period or for the full fiscal year ending March 31, 2022. 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 Company’s 2021 Annual Report. Due to the COVID-19 Coronavirus pandemic ("COVID-19" or "COVID-19 pandemic"), there has been uncertainty and disruption in the global economy and financial markets. We are not aware of any specific event or circumstance that would require an update to our estimates or judgments or a revision of the carrying value of our assets or liabilities as of September 30, 2021. While there was not a material impact to our condensed consolidated financial statements as of and for the six months ended September 30, 2021, these estimates may change, as new events occur and additional information is obtained, as well as other factors related to the COVID-19 pandemic that could result in material impacts to our condensed consolidated financial statements in future reporting periods. Accounting pronouncements adopted during the current year Standard Description Date of Adoption Effect on Financial Statements or Other Significant Matters Accounting Standards Update ("ASU") ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12") ASU 2019-12 simplifies the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. April 1, 2021 The effect of prospectively adopting ASU 2019-12 on our condensed consolidated financial statements and related disclosures was not material. Recent accounting pronouncements not yet adopted Standard Description Date of Adoption Effect on Financial Statements or Other Significant Matters There are no material accounting pronouncements applicable to the Company not yet adopted

EARNINGS (LOSS) PER SHARE AND S

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY:	6 Months Ended
	Sep. 30, 2021
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY:	EARNINGS (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, 2021 2020 2021 2020 Basic earnings (loss) per share: Net earnings (loss) $ (6,431) $ (23,968) $ 10,934 $ (45,696) Basic weighted-average shares outstanding 68,042 66,010 68,185 65,790 Basic earnings (loss) per share $ (0.09) $ (0.36) $ 0.16 $ (0.69) Diluted earnings (loss) per share: Basic weighted-average shares outstanding 68,042 66,010 68,185 65,790 Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1) — — 1,288 — Diluted weighted-average shares outstanding 68,042 66,010 69,473 65,790 Diluted earnings (loss) per share $ (0.09) $ (0.36) $ 0.16 $ (0.69) (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 (i) 1.3 million in the three months ended September 30, 2021, and (ii) 2.8 million and 2.3 million in the three and six months ended September 30, 2020, respectively. Restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings (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, 2021 2020 2021 2020 Number of shares underlying restricted stock units 981 1,065 766 546 Stockholders’ Equity Under the modified common stock repurchase program, the Company may purchase up to $1.0 billion of its common stock through the period ending December 31, 2022. During the six months ended September 30, 2021, the Company repurchased 1.0 million shares of its common stock for $44.1 million under the stock repurchase program. Through September 30, 2021, the Company had repurchased a total of 29.2 million shares of its stock for $717.6 million under the stock repurchase program, leaving remaining capacity of $282.4 million. Accumulated other comprehensive income balances of $6.0 million and $7.5 million at September 30, 2021 and March 31, 2021, respectively, reflect accumulated foreign currency translation adjustments.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS:	6 Months Ended
	Sep. 30, 2021
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 2021 2020 United States $ 231,300 $ 191,487 Europe 11,898 10,283 Asia-Pacific ("APAC") 3,130 2,328 $ 246,328 $ 204,098 Major Offerings/Services Subscription $ 201,930 $ 168,699 Marketplace and Other 44,398 35,399 $ 246,328 $ 204,098 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 $371.5 million as of September 30, 2021, of which $265.9 million will be recognized over the next twelve months. The Company expects to recognize revenue on substantially all of these remaining performance obligations by March 31, 2026.

LEASES_

LEASES:	6 Months Ended
	Sep. 30, 2021
Leases [Abstract]
LEASES:	LEASES: Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Right-of-use assets included in other assets, net $ 43,500 $ 11,731 Short-term lease liabilities included in other accrued expenses $ 7,522 $ 9,608 Long-term lease liabilities included in other liabilities $ 37,685 $ 4,158 Supplemental balance sheet information: Weighted average remaining lease term 6.7 years 1.8 years Weighted average discount rate 3.7 % 5.0 % The Company leases its office facilities under non-cancellable operating leases that expire at various dates through fiscal 2025. Certain leases contain provisions for property-related costs that are variable in nature for which the Company is responsible, including common area maintenance and other property operating services. These costs are calculated based on a variety of factors including property values, tax and utility rates, property service fees, and other factors. Operating lease costs were $5.3 million and $5.9 million for the six months ended September 30, 2021 and 2020, respectively. In the quarter ended September 30, 2021, the Company negotiated lease extensions at three of its leased office space locations. The lease period extensions ranged from 2 to 7 years and included the lease extension of the Company's primary corporate headquarters in San Francisco, California by 7 years. As a result, approximately $35.7 million of right-of-use assets and lease liabilities were recognized in the condensed consolidated balance sheets and as supplemental information to the condensed consolidated statements of cash flows. Future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of September 30, 2021 are as follows (dollars in thousands): Amount Fiscal 2022 $ 5,230 Fiscal 2023 7,001 Fiscal 2024 7,443 Fiscal 2025 6,043 Fiscal 2026 6,057 Thereafter 19,419 Total undiscounted lease commitments 51,193 Less: Interest and short-term leases 5,987 Total discounted operating lease liabilities $ 45,206 Future minimum payments as of September 30, 2021 related to restructuring plans as a result of the Company's exit from certain leased office facilities (see Note 14) are as follows (dollars in thousands): Fiscal 2022: $1,314; Fiscal 2023: $2,663; Fiscal 2024: $2,699; Fiscal 2025: $2,698; and Fiscal 2026: $1,799.

ACQUISITIONS_

ACQUISITIONS:	6 Months Ended
	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
ACQUISITIONS:	ACQUISITIONS: Diablo On April 21, 2021, the Company completed the acquisition of Diablo.ai, Inc. ("Diablo"), a first-party data resolution platform and graph builder, for approximately $9.7 million in cash (including holdback of $1.2 million included in other accrued expenses in the condensed consolidated balance sheet). The acquisition also included $1.9 million of assumed restricted stock awards that will be recorded as non-cash stock compensation over a period of three years (see Note 6). Diablo's technology will be embedded into our unified platform and will play an integral role in our global identity capability. The Company has omitted pro forma disclosures related to this acquisition as the pro forma effect of this acquisition is not material. The results of operations for this acquisition are included in the Company's condensed consolidated results beginning April 21, 2021. The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands): April 21, 2021 Assets acquired: Cash $ 131 Goodwill 7,012 Intangible assets 3,500 Total assets acquired 10,643 Deferred income taxes (710) Accounts payable and accrued expenses (65) Net assets acquired 9,868 Less: Cash acquired (131) Net purchase price allocated 9,737 Less: Cash held back (1,200) Net cash paid in acquisition 8,537 The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill and is primarily attributed to the development of future technology and products. The fair values currently assigned to tangible and identifiable intangible assets acquired and liabilities assumed were based on the information that was available as of the date of the acquisition. The Company expects to finalize the valuation as soon as practical.

STOCK-BASED COMPENSATION_

STOCK-BASED COMPENSATION:	6 Months Ended
	Sep. 30, 2021
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 39.1 million shares of the Company’s common stock have been reserved for issuance since the inception of the plans. At September 30, 2021, there were a total of 3.3 million shares available for future grants under the plans. Stock-based Compensation Expense The Company's stock-based compensation activity for the six months ended September 30, 2021 and 2020, by award type, was (dollars in thousands): For the six months ended September 30, 2021 2020 Stock options $ 1,039 $ 1,433 Restricted stock units 21,634 24,843 Diablo restricted stock awards 524 — Data Plus Math ("DPM") acquisition consideration holdback 4,061 3,969 Pacific Data Partners ("PDP") assumed performance plan 4,551 9,194 Acuity performance plan 1,204 650 DataFleets acquisition consideration holdback 3,019 — Other stock-based compensation 1,685 600 Total non-cash stock-based compensation included in the condensed consolidated statements of operations 37,717 40,689 Less expense related to liability-based equity awards (12,323) (12,777) Total non-cash stock-based compensation included in the condensed consolidated statements of equity $ 25,394 $ 27,912 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, 2021 2020 Cost of revenue $ 1,738 $ 1,688 Research and development 12,532 13,599 Sales and marketing 13,542 16,356 General and administrative 9,905 9,046 Total non-cash stock-based compensation included in the condensed consolidated statements of operations $ 37,717 $ 40,689 The following table provides the expected future expense for all of the Company's outstanding equity awards at September 30, 2021, by award type. The amount for 2022 represents the remaining six months ending March 31, 2022. All other periods represent fiscal years ending March 31 (dollars in thousands). For the years ending March 31, 2022 2023 2024 2025 2026 Total Stock options $ 901 $ 1,194 $ 720 $ 158 $ — $ 2,973 Restricted stock units 35,941 67,707 50,117 30,939 4,961 189,665 Diablo restricted stock awards 270 519 518 89 — 1,396 DPM acquisition consideration holdback 4,061 2,031 — — — 6,092 PDP assumed performance plan 4,551 — — — — 4,551 Acuity performance plan 708 815 165 — — 1,688 DataFleets acquisition consideration holdback 3,020 6,039 5,284 — 14,343 Other stock-based compensation 267 — — — — 267 $ 49,719 $ 78,305 $ 56,804 $ 31,186 $ 4,961 $ 220,975 Stock Options Activity Stock option activity for the six months ended September 30, 2021 was: Weighted-average Weighted-average remaining Aggregate Number of exercise price contractual term Intrinsic value shares per share (in years) (in thousands) Outstanding at March 31, 2021 844,045 $ 15.31 Exercised (68,200) $ 12.98 $ 2,423 Forfeited or canceled (714) $ 2.39 Outstanding at September 30, 2021 775,131 $ 15.53 2.8 $ 24,571 Exercisable at September 30, 2021 726,709 $ 16.49 2.4 $ 22,338 The aggregate intrinsic value at period end represents the total pre-tax intrinsic value (the difference between LiveRamp’s closing stock price on the last trading day of the period and the exercise price for each in-the-money option) that would have been received by the option holders had they exercised their options on September 30, 2021. This amount changes based upon changes in the fair market value of LiveRamp’s common stock. A summary of stock options outstanding and exercisable as of September 30, 2021 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 $ 0.17 — $ 9.99 122,223 5.4 years $ 1.17 73,801 $ 1.19 $ 10.00 — $ 19.99 346,807 2.2 years $ 15.50 346,807 $ 15.50 $ 20.00 — $ 24.99 306,101 2.3 years $ 21.31 306,101 $ 21.31 775,131 2.8 years $ 15.53 726,709 $ 16.49 Diablo Restricted Stock Awards During the six months ended September 30, 2021, in connection with the acquisition of Diablo, the Company replaced the unvested outstanding restricted stock shares held by a Diablo associate immediately prior to the acquisition with restricted shares of LiveRamp common stock having substantially the same terms and conditions as were applicable under the original restricted stock agreement. The conversion calculation resulted in issuance of 40,600 replacement restricted stock shares having an acquisition-date fair value of $1.9 million. The restricted shares vest subject to post-combination service requirements. As a result, the acquisition-date fair value is considered future compensation cost and will be recognized as stock-based compensation cost over the approximate three-year vesting period of the awards. Changes in the Company's restricted stock for the six months ended September 30, 2021 was: Weighted-average fair value per Weighted-average Number share at grant remaining contractual of shares date term (in years) Unvested restricted stock awards at March 31, 2021 — $ — Diablo replacement restricted stock award 40,600 $ 47.29 Vested (10,150) $ 47.29 Unvested restricted stock awards at September 30, 2021 30,450 $ 47.29 2.67 Restricted Stock Unit Activity Time-vesting restricted stock units ("RSUs") - During the six months ended September 30, 2021, the Company granted time-vesting RSUs covering 2,218,586 shares of common stock and having a fair value at the date of grant of $104.8 million. The RSUs granted in the current year primarily vest over four years. Grant date fair value of these units is equal to the quoted market price for the shares on the date of grant. Included in the RSUs granted in the current fiscal year were units related to the Diablo acquisition. Following the closing of the Diablo acquisition, the Company granted new awards of RSUs, covering 98,442 shares of common stock having a grant date fair value of $4.7 million, to select employees to induce them to accept employment with the Company. RSU activity for the six months ended September 30, 2021 was: Weighted-average fair value per Weighted-average Number share at grant remaining contractual of shares date term (in years) Outstanding at March 31, 2021 2,692,243 $ 45.96 2.76 Granted 2,218,586 $ 47.22 Vested (147,559) $ 35.65 Forfeited or canceled (586,805) $ 46.50 Outstanding at September 30, 2021 4,176,465 $ 46.92 2.99 The total fair value of RSUs vested during the six months ended September 30, 2021 was $6.9 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. Performance-based restricted stock units ("PSUs") - Fiscal 2022 plans: During the six months ended September 30, 2021, the Company granted PSUs covering 249,152 shares of common stock having a fair value at the date of grant of $12.6 million. The grants were made under three separate performance plans. Under a special incentive performance plan, units covering 36,425 shares of common stock were granted having a fair value at the date of grant of $1.7 million, which was equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 100% of the award, based on the attainment of key productivity metrics for the period from January 1, 2023 to December 31, 2023. Performance will be measured and vesting evaluated on a quarterly basis beginning with the period ending March 31, 2023 and continuing through the end of the performance period. Under the total shareholder return ("TSR") performance plan, units covering 63,815 shares of common stock were granted having a fair value at the date of grant of $3.8 million, determined using a Monte Carlo simulation model. The units vest subject to attainment of market conditions established by the compensation committee 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, 2021 to March 31, 2024. Under the operating metrics performance plan, units covering 148,912 shares of common stock were granted having a fair value at the date of grant of $7.1 million, which was equal to the quoted market price for the shares on the date of grant. The units vest subject to attainment of performance criteria established by the compensation committee and continuous employment through the vesting date. The units may vest in a number of shares from 0% to 200% of the award, based on the attainment of trailing twelve-month revenue growth and EBITDA margin targets for the period from April 1, 2021 to March 31, 2024. Performance will be measured and vesting evaluated on a quarterly basis beginning with the period ending June 30, 2022 and continuing through the end of the performance period. To the extent that shares are earned in a given quarter, 50% vest immediately and 50% vest on the one-year anniversary of attainment approval, except that all earned but unvested shares will vest fully at the end of the measurement period. Fiscal 2021 plans: Units under the Company's fiscal 2021 TSR PSU plan covering 59,634 shares of common stock will reach maturity of their relevant performance period at March 31, 2023. The units may vest in a number of shares from 0% to 200% of the award, based on the total shareholder return of LiveRamp common stock compared to total shareholder return of the Russell 2000 market index for the period from April 1, 2020 to March 31, 2023. The initial measurement date for the fiscal 2021 operating metrics performance plan was June 30, 2021. Through September 30, 2021 performance measurements have resulted in an accumulated 50% achievement, or 71,668 total earned units, of which 34,790 are subject to compensation committee approval. Of the earned amount, one-half will vest immediately, while the remaining one-half will vest one year later. As of September 30, 2021, there remains a maximum potential of 208,748 additional units eligible for attainment under the plan. Quarterly measurements of attainment will continue through March 31, 2023. Fiscal 2020 plans : Units under the Company's fiscal 2020 TSR PSU plan covering 54,012 shares of common stock will reach maturity of their relevant performance period at March 31, 2022. The units may vest in a number of shares from 0% to 200% of the award, based on the total shareholder return of LiveRamp common stock compared to total shareholder return of the Russell 2000 market index for the period from April 1, 2019 to March 31, 2022. Units under the Company's fiscal 2020 compound revenue growth PSU plan will reach maturity of their relevant performance period at March 31, 2022. 82,494 units may vest in a number of shares from 0% to 200% of the award, based on attainment of the Company's three-year revenue compound annual growth rate target for the period from April 1, 2019 to March 31, 2022. Fiscal 2019 plans : Through September 30, 2021, the compensation committee has previously approved quarterly performance measurements totaling 67% attainment under this plan. Net of forfeitures, this results in a total of 180,879 units earned. Performance measurement through September 30, 2021 indicates cumulative performance attainment of 90% which, if approved by the compensation committee, will bring the total units earned under the plan, net of forfeitures, to 243,199 units. As of September 30, 2021, there remains a maximum potential of 233,594 additional units eligible for attainment under the plan. Quarterly measurements of attainment will continue through September 30, 2022. PSU activity for the six months ended September 30, 2021 was: Weighted-average fair value per Weighted-average Number share at grant remaining contractual of shares date term (in years) Outstanding at March 31, 2021 631,869 $ 49.74 1.54 Granted 249,152 $ 50.54 Vested (92,114) $ 46.72 Forfeited or canceled (138,072) $ 48.11 Outstanding at September 30, 2021 650,835 $ 50.81 1.52 The total fair value of PSUs vested in the six months ended September 30, 2021 was $4.3 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. Acquisition-related Performance Plan Through September 30, 2021, the Company has recognized a total of $3.4 million as stock-based compensation expense related to the Acuity performance earnout plan. At September 30, 2021, the recognized, but unpaid, balance in other accrued expense in the condensed consolidated balance sheet was $1.7 million. The next annual settlement of $1.7 million is expected to occur in the second quarter of fiscal 2023. Acquisition-related Consideration Holdback Through September 30, 2021, the Company has recognized a total of $3.8 million as stock-based compensation expense related to the DataFleets consideration holdback. At September 30, 2021, the recognized, but unpaid, balance related to the DataFleets consideration holdback in other accrued expenses in the condensed consolidated balance sheet was $3.8 million. The first annual settlement of $6.0 million is expected to occur in the fourth quarter of fiscal 2022. Through September 30, 2021, the Company has recognized a total of $18.3 million as stock-based compensation expense related to the DPM consideration holdback. At September 30, 2021, the recognized, but unpaid, balance related to the DPM consideration holdback in the condensed consolidated balance sheet was $2.0 million. The next and final annual settlement of $8.1 million is expected to occur at the end of the first quarter of fiscal 2023. PDP Assumed Performance Plan In connection with the fiscal 2018 acquisition of PDP, the Company assumed the outstanding performance compensation plan under the PDP 2018 Equity Compensation Plan ("PDP PSU plan"). During fiscal 2020, the Company converted the outstanding PDP PSU plan to a time-vesting restricted stock plan ("PDP RSU plan"). Through September 30, 2021, the Company has recognized a total of $61.0 million as stock-based compensation expense related to the PDP RSU plan. At September 30, 2021, the recognized, but unpaid, balance related to the liability-classified PDP RSU plan in other accrued expenses in the condensed consolidated balance sheet was $4.0 million. The final annual settlement is expected to occur in the fourth quarter of fiscal 2022. Qualified Employee Stock Purchase Plan ("ESPP") During the six months ended September 30, 2021, 56,839 shares of common stock were purchased under the ESPP at a weighted-average price of $42.70 per share, resulting in cash proceeds of $2.4 million over the relevant offering period. Stock-based compensation expense associated with the ESPP was $0.9 million for the six months ended September 30, 2021. At September 30, 2021, 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.

OTHER CURRENT AND NONCURRENT AS

OTHER CURRENT AND NONCURRENT ASSETS:	6 Months Ended
	Sep. 30, 2021
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, 2021 March 31, 2021 Prepaid expenses and other $ 11,076 $ 31,659 Share receivable for cash settlement of withheld income tax withholdings on equity award — 9,055 Certificates of deposit 7,500 7,500 Assets of non-qualified retirement plan 16,670 15,838 Other current assets $ 35,246 $ 64,052 Other noncurrent assets consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Long-term prepaid revenue share $ 17,714 $ 8,127 Right-of-use assets (see Note 4) 43,500 11,731 Deferred tax asset 656 663 Deposits 3,206 2,745 Strategic investments 5,700 5,700 Other miscellaneous noncurrent assets 851 1,888 Other assets, net $ 71,627 $ 30,854

OTHER ACCRUED EXPENSES_

OTHER ACCRUED EXPENSES:	6 Months Ended
	Sep. 30, 2021
Other Accrued Expenses [Abstract].
OTHER ACCRUED EXPENSES	OTHER ACCRUED EXPENSES: Other accrued expenses consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Liabilities of non-qualified retirement plan $ 16,670 $ 15,838 Accrued Data Marketplace expenses 5,389 15,818 Short-term lease liabilities (see Note 4) 7,522 9,608 PDP performance plan liability (see Note 6) 4,039 — DPM consideration holdback (see Note 6) 2,031 6,092 Acuity performance earnout liability (see Note 6) 1,712 2,208 DataFleets consideration holdback (see Note 6) 3,774 755 Diablo consideration holdback (see Note 5) 1,200 — Other miscellaneous accrued expenses 5,429 8,034 Other accrued expenses $ 47,766 $ 58,353

PROPERTY AND EQUIPMENT_

PROPERTY AND EQUIPMENT:	6 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT:	PROPERTY AND EQUIPMENT: Property and equipment is summarized as follows (dollars in thousands): September 30, 2021 March 31, 2021 Leasehold improvements $ 26,451 $ 26,024 Data processing equipment 9,409 9,053 Office furniture and other equipment 9,354 9,207 45,214 44,284 Less accumulated depreciation and amortization 34,916 32,327 $ 10,298 $ 11,957 Depreciation expense on property and equipment was $3.0 million and $4.8 million for the six months ended September 30, 2021 and 2020, respectively.

GOODWILL_

GOODWILL:	6 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL:	GOODWILL: Changes in goodwill for the six months ended September 30, 2021 were as follows (dollars in thousands): Total Balance at March 31, 2021 $ 357,446 Acquisition of Diablo 7,012 Change in foreign currency translation adjustment (563) Balance at September 30, 2021 $ 363,895 Goodwill by geography as of September 30, 2021 was: Total U.S. $ 360,683 APAC 3,212 Balance at September 30, 2021 $ 363,895

INTANGIBLE ASSETS_

INTANGIBLE ASSETS:	6 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS:	INTANGIBLE ASSETS: The amounts allocated to intangible assets from acquisitions include developed technology, customer relationships, trade names, and publisher and data supply relationships. The following table shows the amortization activity of intangible assets (dollars in thousands): September 30, 2021 March 31, 2021 Developed technology, gross $ 82,018 $ 78,547 Accumulated amortization (64,065) (60,424) Net developed technology $ 17,953 $ 18,123 Customer relationship/Trade name, gross $ 43,503 $ 43,506 Accumulated amortization (39,114) (37,510) Net customer/trade name $ 4,389 $ 5,996 Publisher/Data supply relationships, gross $ 39,800 $ 39,800 Accumulated amortization (28,172) (24,189) Net publisher relationship $ 11,628 $ 15,611 Total intangible assets, gross $ 165,321 $ 161,853 Total accumulated amortization (131,351) (122,123) Total intangible assets, net $ 33,970 $ 39,730 Total amortization expense related to intangible assets was $9.2 million and $9.7 million for the six months ended September 30, 2021 and 2020, respectively. The following table presents the estimated future amortization expenses related to purchased intangible assets. The amount for 2022 represents the remaining six months ending March 31, 2022 (dollars in thousands): Fiscal Year: 2022 $ 9,301 2023 16,123 2024 6,021 2025 2,525 $ 33,970

OTHER LIABILITIES_

OTHER LIABILITIES:	6 Months Ended
	Sep. 30, 2021
Other Liabilities Disclosure [Abstract]
OTHER LIABILITIES:	OTHER LIABILITIES: Other liabilities consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Uncertain tax positions $ 23,905 $ 26,156 Long-term lease liabilities (see Note 4) 37,685 4,158 Restructuring accruals 4,057 4,510 Other 7,529 7,565 Other liabilities $ 73,176 $ 42,389

ALLOWANCE FOR CREDIT LOSSES_

ALLOWANCE FOR CREDIT LOSSES:	6 Months Ended
	Sep. 30, 2021
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. We are monitoring the impacts from the COVID-19 pandemic on our customers and various counterparties, and have considered these risks in establishing our reserve balance as of September 30, 2021. 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, 2021 $ 7,617 $ 1,282 $ (1) $ (590) $ 8,308

RESTRUCTURING, IMPAIRMENT AND O

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:	6 Months Ended
	Sep. 30, 2021
Restructuring and Related Activities [Abstract]
RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:	RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: The following table summarizes the Company's restructuring activity for the six months ended September 30, 2021 (dollars in thousands). Associate-related Lease Total Balances at March 31, 2021 $ 825 $ 3,918 $ 4,743 Restructuring charges and adjustments — — — Payments (777) (453) (1,230) Balances at September 30, 2021 $ 48 $ 3,465 $ 3,513 Associate-Related Restructuring Plans In fiscal 2021, the Company recorded a total of $1.7 million in associate-related restructuring charges and adjustments. The expense included severance and other associate-related charges in the United States and Europe. The remaining associate-related charges were paid out during fiscal 2022. Lease-Related Restructuring Plans In fiscal 2017, the Company made the strategic decision to exit and sub-lease a certain leased office facility under a staggered-exit plan. The full exit was completed in fiscal 2019. We intend to continue subleasing the facility to the extent possible. The liability will be satisfied over the remainder of the leased property's term, which continues through November 2025. Any future changes in the estimates or in the actual sublease income may require future adjustments to the liabilities, which would impact net earnings (loss) in the period the adjustment is recorded. Through September 30, 2021, the Company has recorded a total of $7.3 million of restructuring charges and adjustments related to this lease. Of the amount accrued for this facility lease, $3.5 million remained accrued at September 30, 2021. Gains, Losses and Other Items, net 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, 2021 2020 2021 2020 Restructuring plan charges and adjustments $ — $ (833) $ — $ 1,202 Early contract terminations — — 1,042 — Other 18 214 254 174 $ 18 $ (619) $ 1,296 $ 1,376

COMMITMENTS AND CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES:	6 Months Ended
	Sep. 30, 2021
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 adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertinent to a particular matter. These accruals are reflected in the Company’s condensed consolidated financial statements. In management’s opinion, the Company has made appropriate and adequate accruals for these matters, and management believes the probability of a material loss beyond the amounts accrued to be remote. However, the ultimate liability for these matters is uncertain, and if accruals are not adequate, an adverse outcome could have a material effect on the Company’s consolidated financial condition or results of operations. The Company maintains insurance coverage above certain limits. Commitments The following table presents the Company’s purchase commitments at September 30, 2021. Purchase commitments primarily include contractual commitments for the purchase of data, hosting services and software-as-a-service arrangements. The table does not include the future payment of liabilities related to uncertain tax positions of $23.9 million as the Company is not able to predict the periods in which the payments will be made (dollars in thousands): For the years ending March 31, 2022 2023 2024 2025 2026 Thereafter Total Purchase commitments $ 37,009 $ 53,189 $ 46,172 $ 44,342 $ 33,150 $ — $ 213,862

INCOME TAX_

INCOME TAX:	6 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
INCOME TAX:	INCOME TAX:In determining the quarterly provision for income taxes, the Company applies its estimated annual effective income tax rate to its year-to-date ordinary income or loss and adjusts for discrete tax items in the period. The estimated annual effective income tax rate for the current fiscal year is primarily driven by nondeductible stock-based compensation 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 temporary differences as well as net operating loss and tax credit carryforwards. As of September 30, 2021, the Company continues to maintain a full valuation allowance on its net deferred tax assets except in certain foreign jurisdictions. During the six months ended September 30, 2021, the Company recorded a $2.6 million tax benefit related to the release of tax contingency reserves due to the expiration of statutes of limitation.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS:	6 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS:	FAIR VALUE OF FINANCIAL INSTRUMENTS: The Company measures certain financial assets at fair value. Fair value is determined based upon the exit price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants, as determined by either the principal market or the most advantageous market. Inputs used in the valuation techniques to derive fair values are classified based on a three-level hierarchy, as follows: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. For certain financial instruments, including accounts receivable, certificates of deposit, and accounts payable, the carrying amounts approximate their fair value due to the relatively short maturity of these balances. The following table details the fair value measurements within the fair value hierarchy of the Company's financial assets and liabilities at September 30, 2021 and March 31, 2021 (dollars in thousands): September 30, 2021 Level 1 Level 2 Level 3 Total Other current assets: Assets of non-qualified retirement plan $ 16,670 $ — $ — $ 16,670 Total $ 16,670 $ — $ — $ 16,670 March 31, 2021 Level 1 Level 2 Level 3 Total Other current assets: Assets of non-qualified retirement plan $ 15,838 $ — $ — $ 15,838 Total $ 15,838 $ — $ — $ 15,838

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies)	6 Months Ended
	Sep. 30, 2021
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 Accounting Standards Update ("ASU") ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12") ASU 2019-12 simplifies the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. April 1, 2021 The effect of prospectively adopting ASU 2019-12 on our condensed consolidated financial statements and related disclosures was not material. Recent accounting pronouncements not yet adopted Standard Description Date of Adoption Effect on Financial Statements or Other Significant Matters There are no material accounting pronouncements applicable to the Company not yet adopted

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)	6 Months Ended
	Sep. 30, 2021
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 Accounting Standards Update ("ASU") ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes ("ASU 2019-12") ASU 2019-12 simplifies the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies and amends existing guidance to improve consistent application. April 1, 2021 The effect of prospectively adopting ASU 2019-12 on our condensed consolidated financial statements and related disclosures was not material. Recent accounting pronouncements not yet adopted Standard Description Date of Adoption Effect on Financial Statements or Other Significant Matters There are no material accounting pronouncements applicable to the Company not yet adopted

EARNINGS (LOSS) PER SHARE AND_2

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY: (Tables)	6 Months Ended
	Sep. 30, 2021
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY:
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, 2021 2020 2021 2020 Basic earnings (loss) per share: Net earnings (loss) $ (6,431) $ (23,968) $ 10,934 $ (45,696) Basic weighted-average shares outstanding 68,042 66,010 68,185 65,790 Basic earnings (loss) per share $ (0.09) $ (0.36) $ 0.16 $ (0.69) Diluted earnings (loss) per share: Basic weighted-average shares outstanding 68,042 66,010 68,185 65,790 Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (1) — — 1,288 — Diluted weighted-average shares outstanding 68,042 66,010 69,473 65,790 Diluted earnings (loss) per share $ (0.09) $ (0.36) $ 0.16 $ (0.69) (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 (i) 1.3 million in the three months ended September 30, 2021, and (ii) 2.8 million and 2.3 million in the three and six months ended September 30, 2020, respectively.
Schedule of anti-dilutive options, warrants and restricted stock units excluded from computation of earnings (loss) per share	Restricted stock units that were outstanding during the periods presented but were not included in the computation of diluted earnings (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, 2021 2020 2021 2020 Number of shares underlying restricted stock units 981 1,065 766 546

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS: (Tables)	6 Months Ended
	Sep. 30, 2021
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 2021 2020 United States $ 231,300 $ 191,487 Europe 11,898 10,283 Asia-Pacific ("APAC") 3,130 2,328 $ 246,328 $ 204,098 Major Offerings/Services Subscription $ 201,930 $ 168,699 Marketplace and Other 44,398 35,399 $ 246,328 $ 204,098

LEASES_ (Tables)

LEASES: (Tables)	6 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Schedule of right-of-use asset and lease liability balances	Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Right-of-use assets included in other assets, net $ 43,500 $ 11,731 Short-term lease liabilities included in other accrued expenses $ 7,522 $ 9,608 Long-term lease liabilities included in other liabilities $ 37,685 $ 4,158 Supplemental balance sheet information: Weighted average remaining lease term 6.7 years 1.8 years Weighted average discount rate 3.7 % 5.0 %
Schedule of future minimum payments under all operating leases	Future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of September 30, 2021 are as follows (dollars in thousands): Amount Fiscal 2022 $ 5,230 Fiscal 2023 7,001 Fiscal 2024 7,443 Fiscal 2025 6,043 Fiscal 2026 6,057 Thereafter 19,419 Total undiscounted lease commitments 51,193 Less: Interest and short-term leases 5,987 Total discounted operating lease liabilities $ 45,206

ACQUISITIONS_ (Tables)

ACQUISITIONS: (Tables)	6 Months Ended
	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition (dollars in thousands): April 21, 2021 Assets acquired: Cash $ 131 Goodwill 7,012 Intangible assets 3,500 Total assets acquired 10,643 Deferred income taxes (710) Accounts payable and accrued expenses (65) Net assets acquired 9,868 Less: Cash acquired (131) Net purchase price allocated 9,737 Less: Cash held back (1,200) Net cash paid in acquisition 8,537

STOCK-BASED COMPENSATION_ (Tabl

STOCK-BASED COMPENSATION: (Tables)	6 Months Ended
	Sep. 30, 2021
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, 2021 and 2020, by award type, was (dollars in thousands): For the six months ended September 30, 2021 2020 Stock options $ 1,039 $ 1,433 Restricted stock units 21,634 24,843 Diablo restricted stock awards 524 — Data Plus Math ("DPM") acquisition consideration holdback 4,061 3,969 Pacific Data Partners ("PDP") assumed performance plan 4,551 9,194 Acuity performance plan 1,204 650 DataFleets acquisition consideration holdback 3,019 — Other stock-based compensation 1,685 600 Total non-cash stock-based compensation included in the condensed consolidated statements of operations 37,717 40,689 Less expense related to liability-based equity awards (12,323) (12,777) Total non-cash stock-based compensation included in the condensed consolidated statements of equity $ 25,394 $ 27,912
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, 2021 2020 Cost of revenue $ 1,738 $ 1,688 Research and development 12,532 13,599 Sales and marketing 13,542 16,356 General and administrative 9,905 9,046 Total non-cash stock-based compensation included in the condensed consolidated statements of operations $ 37,717 $ 40,689
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, 2021, by award type. The amount for 2022 represents the remaining six months ending March 31, 2022. All other periods represent fiscal years ending March 31 (dollars in thousands). For the years ending March 31, 2022 2023 2024 2025 2026 Total Stock options $ 901 $ 1,194 $ 720 $ 158 $ — $ 2,973 Restricted stock units 35,941 67,707 50,117 30,939 4,961 189,665 Diablo restricted stock awards 270 519 518 89 — 1,396 DPM acquisition consideration holdback 4,061 2,031 — — — 6,092 PDP assumed performance plan 4,551 — — — — 4,551 Acuity performance plan 708 815 165 — — 1,688 DataFleets acquisition consideration holdback 3,020 6,039 5,284 — 14,343 Other stock-based compensation 267 — — — — 267 $ 49,719 $ 78,305 $ 56,804 $ 31,186 $ 4,961 $ 220,975
Schedule of option activity	Stock option activity for the six months ended September 30, 2021 was: Weighted-average Weighted-average remaining Aggregate Number of exercise price contractual term Intrinsic value shares per share (in years) (in thousands) Outstanding at March 31, 2021 844,045 $ 15.31 Exercised (68,200) $ 12.98 $ 2,423 Forfeited or canceled (714) $ 2.39 Outstanding at September 30, 2021 775,131 $ 15.53 2.8 $ 24,571 Exercisable at September 30, 2021 726,709 $ 16.49 2.4 $ 22,338
Summary of stock options outstanding and exercisable	A summary of stock options outstanding and exercisable as of September 30, 2021 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 $ 0.17 — $ 9.99 122,223 5.4 years $ 1.17 73,801 $ 1.19 $ 10.00 — $ 19.99 346,807 2.2 years $ 15.50 346,807 $ 15.50 $ 20.00 — $ 24.99 306,101 2.3 years $ 21.31 306,101 $ 21.31 775,131 2.8 years $ 15.53 726,709 $ 16.49
Schedule of changes in restricted stock	Changes in the Company's restricted stock for the six months ended September 30, 2021 was: Weighted-average fair value per Weighted-average Number share at grant remaining contractual of shares date term (in years) Unvested restricted stock awards at March 31, 2021 — $ — Diablo replacement restricted stock award 40,600 $ 47.29 Vested (10,150) $ 47.29 Unvested restricted stock awards at September 30, 2021 30,450 $ 47.29 2.67
Schedule of time-vesting restricted stock unit activity	RSU activity for the six months ended September 30, 2021 was: Weighted-average fair value per Weighted-average Number share at grant remaining contractual of shares date term (in years) Outstanding at March 31, 2021 2,692,243 $ 45.96 2.76 Granted 2,218,586 $ 47.22 Vested (147,559) $ 35.65 Forfeited or canceled (586,805) $ 46.50 Outstanding at September 30, 2021 4,176,465 $ 46.92 2.99
Schedule of non-vested performance-based restricted stock units activity	PSU activity for the six months ended September 30, 2021 was: Weighted-average fair value per Weighted-average Number share at grant remaining contractual of shares date term (in years) Outstanding at March 31, 2021 631,869 $ 49.74 1.54 Granted 249,152 $ 50.54 Vested (92,114) $ 46.72 Forfeited or canceled (138,072) $ 48.11 Outstanding at September 30, 2021 650,835 $ 50.81 1.52

OTHER CURRENT AND NONCURRENT _2

OTHER CURRENT AND NONCURRENT ASSETS: (Tables)	6 Months Ended
	Sep. 30, 2021
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, 2021 March 31, 2021 Prepaid expenses and other $ 11,076 $ 31,659 Share receivable for cash settlement of withheld income tax withholdings on equity award — 9,055 Certificates of deposit 7,500 7,500 Assets of non-qualified retirement plan 16,670 15,838 Other current assets $ 35,246 $ 64,052
Schedule of components of other noncurrent assets	Other noncurrent assets consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Long-term prepaid revenue share $ 17,714 $ 8,127 Right-of-use assets (see Note 4) 43,500 11,731 Deferred tax asset 656 663 Deposits 3,206 2,745 Strategic investments 5,700 5,700 Other miscellaneous noncurrent assets 851 1,888 Other assets, net $ 71,627 $ 30,854

OTHER ACCRUED EXPENSES_ (Tables

OTHER ACCRUED EXPENSES: (Tables)	6 Months Ended
	Sep. 30, 2021
Other Accrued Expenses [Abstract].
Schedule of other accrued expenses	Other accrued expenses consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Liabilities of non-qualified retirement plan $ 16,670 $ 15,838 Accrued Data Marketplace expenses 5,389 15,818 Short-term lease liabilities (see Note 4) 7,522 9,608 PDP performance plan liability (see Note 6) 4,039 — DPM consideration holdback (see Note 6) 2,031 6,092 Acuity performance earnout liability (see Note 6) 1,712 2,208 DataFleets consideration holdback (see Note 6) 3,774 755 Diablo consideration holdback (see Note 5) 1,200 — Other miscellaneous accrued expenses 5,429 8,034 Other accrued expenses $ 47,766 $ 58,353

PROPERTY AND EQUIPMENT_ (Tables

PROPERTY AND EQUIPMENT: (Tables)	6 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Property and equipment is summarized as follows (dollars in thousands): September 30, 2021 March 31, 2021 Leasehold improvements $ 26,451 $ 26,024 Data processing equipment 9,409 9,053 Office furniture and other equipment 9,354 9,207 45,214 44,284 Less accumulated depreciation and amortization 34,916 32,327 $ 10,298 $ 11,957

GOODWILL_ (Tables)

GOODWILL: (Tables)	6 Months Ended
	Sep. 30, 2021
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, 2021 were as follows (dollars in thousands): Total Balance at March 31, 2021 $ 357,446 Acquisition of Diablo 7,012 Change in foreign currency translation adjustment (563) Balance at September 30, 2021 $ 363,895 Goodwill by geography as of September 30, 2021 was: Total U.S. $ 360,683 APAC 3,212 Balance at September 30, 2021 $ 363,895

INTANGIBLE ASSETS_ (Tables)

INTANGIBLE ASSETS: (Tables)	6 Months Ended
	Sep. 30, 2021
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, 2021 March 31, 2021 Developed technology, gross $ 82,018 $ 78,547 Accumulated amortization (64,065) (60,424) Net developed technology $ 17,953 $ 18,123 Customer relationship/Trade name, gross $ 43,503 $ 43,506 Accumulated amortization (39,114) (37,510) Net customer/trade name $ 4,389 $ 5,996 Publisher/Data supply relationships, gross $ 39,800 $ 39,800 Accumulated amortization (28,172) (24,189) Net publisher relationship $ 11,628 $ 15,611 Total intangible assets, gross $ 165,321 $ 161,853 Total accumulated amortization (131,351) (122,123) Total intangible assets, net $ 33,970 $ 39,730
Schedule of estimated future amortization expenses related to purchases and other intangible assets	The following table presents the estimated future amortization expenses related to purchased intangible assets. The amount for 2022 represents the remaining six months ending March 31, 2022 (dollars in thousands): Fiscal Year: 2022 $ 9,301 2023 16,123 2024 6,021 2025 2,525 $ 33,970

OTHER LIABILITIES_ (Tables)

OTHER LIABILITIES: (Tables)	6 Months Ended
	Sep. 30, 2021
Other Liabilities Disclosure [Abstract]
Other Liabilities	Other liabilities consist of the following (dollars in thousands): September 30, 2021 March 31, 2021 Uncertain tax positions $ 23,905 $ 26,156 Long-term lease liabilities (see Note 4) 37,685 4,158 Restructuring accruals 4,057 4,510 Other 7,529 7,565 Other liabilities $ 73,176 $ 42,389

ALLOWANCE FOR CREDIT LOSSES_ (T

ALLOWANCE FOR CREDIT LOSSES: (Tables)	6 Months Ended
	Sep. 30, 2021
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, 2021 $ 7,617 $ 1,282 $ (1) $ (590) $ 8,308

RESTRUCTURING, IMPAIRMENT AND_2

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: (Tables)	6 Months Ended
	Sep. 30, 2021
Restructuring and Related Activities [Abstract]
Summary of restructuring activity	The following table summarizes the Company's restructuring activity for the six months ended September 30, 2021 (dollars in thousands). Associate-related Lease Total Balances at March 31, 2021 $ 825 $ 3,918 $ 4,743 Restructuring charges and adjustments — — — Payments (777) (453) (1,230) Balances at September 30, 2021 $ 48 $ 3,465 $ 3,513
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, 2021 2020 2021 2020 Restructuring plan charges and adjustments $ — $ (833) $ — $ 1,202 Early contract terminations — — 1,042 — Other 18 214 254 174 $ 18 $ (619) $ 1,296 $ 1,376

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Contractual Obligation, Fiscal Year Maturity	The following table presents the Company’s purchase commitments at September 30, 2021. Purchase commitments primarily include contractual commitments for the purchase of data, hosting services and software-as-a-service arrangements. The table does not include the future payment of liabilities related to uncertain tax positions of $23.9 million as the Company is not able to predict the periods in which the payments will be made (dollars in thousands): For the years ending March 31, 2022 2023 2024 2025 2026 Thereafter Total Purchase commitments $ 37,009 $ 53,189 $ 46,172 $ 44,342 $ 33,150 $ — $ 213,862

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Tables)	6 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of financial assets and liabilities measured at fair value	The following table details the fair value measurements within the fair value hierarchy of the Company's financial assets and liabilities at September 30, 2021 and March 31, 2021 (dollars in thousands): September 30, 2021 Level 1 Level 2 Level 3 Total Other current assets: Assets of non-qualified retirement plan $ 16,670 $ — $ — $ 16,670 Total $ 16,670 $ — $ — $ 16,670 March 31, 2021 Level 1 Level 2 Level 3 Total Other current assets: Assets of non-qualified retirement plan $ 15,838 $ — $ — $ 15,838 Total $ 15,838 $ — $ — $ 15,838

EARNINGS (LOSS) PER SHARE AND_3

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY: Reconciliation of basic and diluted earnings (loss) per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Basic earnings (loss) per share:
Net earnings (loss)	$ (6,431)	$ (23,968)	$ 10,934	$ (45,696)
Basic weighted-average shares outstanding (in shares)	68,042	66,010	68,185	65,790
Basic earnings (loss) per share (in USD per share)	$ (0.09)	$ (0.36)	$ 0.16	$ (0.69)
Diluted earnings (loss) per share:
Basic weighted-average shares outstanding (in shares)	68,042	66,010	68,185	65,790
Dilutive effect of common stock options and restricted stock as computed under the treasury stock method (in shares)	0	0	1,288	0
Diluted weighted-average shares outstanding (in shares)	68,042	66,010	69,473	65,790
Diluted earnings (loss) per share (in USD per share)	$ (0.09)	$ (0.36)	$ 0.16	$ (0.69)

EARNINGS (LOSS) PER SHARE AND_4

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY: Anti-dilutive shares (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	981	1,065	766	546
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	981	1,065	766	546
Continuing operations
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	1,300	2,800		2,300
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	1,300	2,800		2,300

EARNINGS (LOSS) PER SHARE AND_5

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY: Narrative (Details) - USD ($) shares in Millions	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Acquisition of treasury stock	$ 44,077,000	$ 42,312,000
Treasury stock, at cost	2,083,137,000		$ 2,026,518,000
Accumulated other comprehensive income (loss), foreign currency translation adjustment	6,000,000		$ 7,500,000
Common Stock Repurchase Program
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock repurchase program, authorized amount	$ 1,000,000,000
Acquisition of treasury stock (in shares)	1
Acquisition of treasury stock	$ 44,100,000
Treasury stock, at cost (in shares)	29.2
Treasury stock, at cost	$ 717,600,000
Stock repurchase program, remaining amount	$ 282,400,000

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS: Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 127,290	$ 104,661	$ 246,328	$ 204,098
Subscription
Disaggregation of Revenue [Line Items]
Revenues			201,930	168,699
Marketplace and Other
Disaggregation of Revenue [Line Items]
Revenues			44,398	35,399
United States
Disaggregation of Revenue [Line Items]
Revenues			231,300	191,487
Europe
Disaggregation of Revenue [Line Items]
Revenues			11,898	10,283
Asia-Pacific ("APAC")
Disaggregation of Revenue [Line Items]
Revenues			$ 3,130	$ 2,328

REVENUE FROM CONTRACTS WITH C_4

REVENUE FROM CONTRACTS WITH CUSTOMERS: Transaction Price Allocated to the Remaining Performance Obligations (Details) $ in Millions	Sep. 30, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 371.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 265.9
Revenue, remaining performance obligation, expected timing of satisfaction, period	12 months

LEASES_ Lease Cost (Details)

LEASES: Lease Cost (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Leases [Abstract]
Right-of-use assets included in other assets, net	$ 43,500	$ 11,731
Operating lease, right-of-use asset, statement of financial position [Extensible Enumeration]	Other assets, net	Other assets, net
Short-term lease liabilities included in other accrued expenses	$ 7,522	$ 9,608
Operating lease, liability, current, statement of financial position [Extensible Enumeration]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Long-term lease liabilities included in other liabilities	$ 37,685	$ 4,158
Operating lease, liability, noncurrent, statement of financial position [Extensible Enumeration]	Other liabilities	Other liabilities
Weighted average remaining lease term	6 years 8 months 12 days	1 year 9 months 18 days
Weighted average discount rate	3.70%	5.00%

LEASES_ Narrative (Details)

LEASES: Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Operating lease costs		$ 5,300	$ 5,900
Operating lease assets obtained in exchange for operating lease liabilities		35,691	$ 0
Fiscal 2022	$ 5,230	5,230
Fiscal 2023	7,001	7,001
Fiscal 2024	7,443	7,443
Fiscal 2025	6,043	6,043
Fiscal 2026	6,057	6,057
Leased office facilities
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Fiscal 2022	1,314	1,314
Fiscal 2023	2,663	2,663
Fiscal 2024	2,699	2,699
Fiscal 2025	2,698	2,698
Fiscal 2026	$ 1,799	$ 1,799
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period extensions	2 years
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period extensions	7 years

LEASES_ Operating Lease, Liabil

LEASES: Operating Lease, Liability Maturity (Details) $ in Thousands	Sep. 30, 2021USD ($)
Leases [Abstract]
Fiscal 2022	$ 5,230
Fiscal 2023	7,001
Fiscal 2024	7,443
Fiscal 2025	6,043
Fiscal 2026	6,057
Thereafter	19,419
Total undiscounted lease commitments	51,193
Less: Interest and short-term leases	5,987
Total discounted operating lease liabilities	$ 45,206

ACQUISITIONS_ Narrative (Detail

ACQUISITIONS: Narrative (Details) - Diablo.AI, Inc. $ in Millions	Apr. 21, 2021USD ($)
Business Acquisition [Line Items]
Payments to acquire businesses, gross	$ 9.7
Holdback consideration transferred	1.2
Assumed restricted stock awards	$ 1.9
Vesting period	3 years

ACQUISITIONS_ Purchase price al

ACQUISITIONS: Purchase price allocation related to assets acquired and liabilities assumed (Details) - USD ($) $ in Thousands	Apr. 21, 2021	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2021
Business Acquisition [Line Items]
Goodwill		$ 363,895		$ 357,446
Net cash paid in acquisition		$ 8,368	$ 2,933
Diablo.AI, Inc.
Business Acquisition [Line Items]
Cash	$ 131
Goodwill	7,012
Intangible assets	3,500
Total assets acquired	10,643
Deferred income taxes	(710)
Accounts payable and accrued expenses	(65)
Net assets acquired	9,868
Cash acquired	(131)
Net purchase price allocated	9,737
Cash held back	(1,200)
Net cash paid in acquisition	$ 8,537

STOCK-BASED COMPENSATION_ - Sto

STOCK-BASED COMPENSATION: - Stock-based compensation plans, Narrative (Details) - Stock Option and Equity Compensation Plans shares in Millions	Sep. 30, 2021shares
Share-based compensation
Total shares reserved for issuance since inception of the stock option and equity compensation plans (in shares)	39.1
Shares which remained available for future grants (in shares)	3.3

STOCK-BASED COMPENSATION_ - S_2

STOCK-BASED COMPENSATION: - Stock-based compensation activity, by award type (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share-based compensation
Total non-cash stock-based compensation	$ 37,717	$ 40,689
Total non-cash stock-based compensation included in the consolidated statements of equity	25,394	27,912
Stock options
Share-based compensation
Share-based compensation expense	1,039	1,433
Restricted stock units
Share-based compensation
Share-based compensation expense	21,634	24,843
Restricted stock units | Diablo.AI, Inc.
Share-based compensation
Share-based compensation expense	524	0
Consideration Holdback | Data Plus Math Corporation
Share-based compensation
Share-based compensation expense	4,061	3,969
Consideration Holdback | DataFleets, Ltd
Share-based compensation
Share-based compensation expense	3,019	0
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC
Share-based compensation
Share-based compensation expense	4,551	9,194
Acuity Performance Earnout | Acuity Data
Share-based compensation
Share-based compensation expense	1,204	650
Other stock-based compensation
Share-based compensation
Share-based compensation expense	1,685	600
Liability-based equity awards
Share-based compensation
Total non-cash stock-based compensation	$ (12,323)	$ (12,777)

STOCK-BASED COMPENSATION_ - Eff

STOCK-BASED COMPENSATION: - Effect of stock-based compensation expense on income, by financial statement line item (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share-based compensation
Total non-cash stock-based compensation	$ 37,717	$ 40,689
Cost of revenue
Share-based compensation
Total non-cash stock-based compensation	1,738	1,688
Research and development
Share-based compensation
Total non-cash stock-based compensation	12,532	13,599
Sales and marketing
Share-based compensation
Total non-cash stock-based compensation	13,542	16,356
General and administrative
Share-based compensation
Total non-cash stock-based compensation	$ 9,905	$ 9,046

STOCK-BASED COMPENSATION_ - Fut

STOCK-BASED COMPENSATION: - Future expense, by award type (Details) $ in Thousands	Sep. 30, 2021USD ($)
Share-based compensation
Total	$ 220,975
2022
Share-based compensation
Total	49,719
2023
Share-based compensation
Total	78,305
2024
Share-based compensation
Total	56,804
2025
Share-based compensation
Total	31,186
2026
Share-based compensation
Total	4,961
Stock options
Share-based compensation
Share-based compensation not yet recognized	2,973
Stock options | 2022
Share-based compensation
Share-based compensation not yet recognized	901
Stock options | 2023
Share-based compensation
Share-based compensation not yet recognized	1,194
Stock options | 2024
Share-based compensation
Share-based compensation not yet recognized	720
Stock options | 2025
Share-based compensation
Share-based compensation not yet recognized	158
Stock options | 2026
Share-based compensation
Share-based compensation not yet recognized	0
Restricted stock units
Share-based compensation
Future share-based compensation expense expected	189,665
Restricted stock units | 2022
Share-based compensation
Future share-based compensation expense expected	35,941
Restricted stock units | 2023
Share-based compensation
Future share-based compensation expense expected	67,707
Restricted stock units | 2024
Share-based compensation
Future share-based compensation expense expected	50,117
Restricted stock units | 2025
Share-based compensation
Future share-based compensation expense expected	30,939
Restricted stock units | 2026
Share-based compensation
Future share-based compensation expense expected	4,961
Restricted stock units | Diablo.AI, Inc.
Share-based compensation
Future share-based compensation expense expected	1,396
Restricted stock units | Diablo.AI, Inc. | 2022
Share-based compensation
Future share-based compensation expense expected	270
Restricted stock units | Diablo.AI, Inc. | 2023
Share-based compensation
Future share-based compensation expense expected	519
Restricted stock units | Diablo.AI, Inc. | 2024
Share-based compensation
Future share-based compensation expense expected	518
Restricted stock units | Diablo.AI, Inc. | 2025
Share-based compensation
Future share-based compensation expense expected	89
Restricted stock units | Diablo.AI, Inc. | 2026
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback | Data Plus Math Corporation
Share-based compensation
Future share-based compensation expense expected	6,092
Consideration Holdback | Data Plus Math Corporation | 2022
Share-based compensation
Future share-based compensation expense expected	4,061
Consideration Holdback | Data Plus Math Corporation | 2023
Share-based compensation
Future share-based compensation expense expected	2,031
Consideration Holdback | Data Plus Math Corporation | 2024
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback | Data Plus Math Corporation | 2025
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback | Data Plus Math Corporation | 2026
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback | DataFleets, Ltd
Share-based compensation
Future share-based compensation expense expected	14,343
Consideration Holdback | DataFleets, Ltd | 2022
Share-based compensation
Future share-based compensation expense expected	3,020
Consideration Holdback | DataFleets, Ltd | 2023
Share-based compensation
Future share-based compensation expense expected	6,039
Consideration Holdback | DataFleets, Ltd | 2024
Share-based compensation
Future share-based compensation expense expected	5,284
Consideration Holdback | DataFleets, Ltd | 2025
Share-based compensation
Future share-based compensation expense expected	0
Consideration Holdback | DataFleets, Ltd | 2026
Share-based compensation
Future share-based compensation expense expected
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC
Share-based compensation
Future share-based compensation expense expected	4,551
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC | 2022
Share-based compensation
Future share-based compensation expense expected	4,551
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC | 2023
Share-based compensation
Future share-based compensation expense expected	0
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC | 2024
Share-based compensation
Future share-based compensation expense expected	0
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC | 2025
Share-based compensation
Future share-based compensation expense expected	0
Pacific Data Partners, LLC Agreement Plan | Pacific Data Partners LLC | 2026
Share-based compensation
Future share-based compensation expense expected	0
Acuity Performance Earnout | Acuity Data
Share-based compensation
Future share-based compensation expense expected	1,688
Acuity Performance Earnout | Acuity Data | 2022
Share-based compensation
Future share-based compensation expense expected	708
Acuity Performance Earnout | Acuity Data | 2023
Share-based compensation
Future share-based compensation expense expected	815
Acuity Performance Earnout | Acuity Data | 2024
Share-based compensation
Future share-based compensation expense expected	165
Acuity Performance Earnout | Acuity Data | 2025
Share-based compensation
Future share-based compensation expense expected	0
Acuity Performance Earnout | Acuity Data | 2026
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation
Share-based compensation
Future share-based compensation expense expected	267
Other stock-based compensation | 2022
Share-based compensation
Future share-based compensation expense expected	267
Other stock-based compensation | 2023
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation | 2024
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation | 2025
Share-based compensation
Future share-based compensation expense expected	0
Other stock-based compensation | 2026
Share-based compensation
Future share-based compensation expense expected	$ 0

STOCK-BASED COMPENSATION_- Stoc

STOCK-BASED COMPENSATION:- Stock Option Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Stock Option Activity - Number of Shares
Outstanding at beginning of the period (in shares) | shares	844,045
Exercised (in shares) | shares	(68,200)
Forfeited or cancelled (in shares) | shares	(714)
Outstanding at end of the period (in shares) | shares	775,131
Weighted-average exercise price per share
Outstanding at the beginning of the period (in dollars per share) | $ / shares	$ 15.31
Exercised (in dollars per share) | $ / shares	12.98
Forfeited or cancelled (in dollars per share) | $ / shares	2.39
Outstanding at the end of the period (in dollars per share) | $ / shares	$ 15.53
Weighted average remaining contractual term	2 years 9 months 18 days
Exercised | $	$ 2,423
Outstanding at the end of the period | $	$ 24,571
Exercisable at the end of the period (in shares) | shares	726,709
Exercisable at the end of the period (in dollars per share) | $ / shares	$ 16.49
Exercisable at the end of the period	2 years 4 months 24 days
Exercisable at the end of the period | $	$ 22,338

STOCK-BASED COMPENSATION_ - Sum

STOCK-BASED COMPENSATION: - Summary of Options (Details)	6 Months Ended
	Sep. 30, 2021$ / sharesshares
Stock options outstanding and exercisable by exercise price range
Options outstanding (in shares) | shares	775,131
Options outstanding - Weighted-average remaining contractual life	2 years 9 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 15.53
Options exercisable (in shares) | shares	726,709
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 16.49
Range of exercise price per share from $0.17 to $9.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	0.17
Exercise price per share, high end of range (in dollars per share)	$ 9.99
Options outstanding (in shares) | shares	122,223
Options outstanding - Weighted-average remaining contractual life	5 years 4 months 24 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 1.17
Options exercisable (in shares) | shares	73,801
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 1.19
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
Exercise price per share, high end of range (in dollars per share)	$ 19.99
Options outstanding (in shares) | shares	346,807
Options outstanding - Weighted-average remaining contractual life	2 years 2 months 12 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 15.50
Options exercisable (in shares) | shares	346,807
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 15.50
Range of exercise price per share from $20.00 to $24.99
Stock options outstanding and exercisable by exercise price range
Exercise price per share, low end of range (in dollars per share)	20
Exercise price per share, high end of range (in dollars per share)	$ 24.99
Options outstanding (in shares) | shares	306,101
Options outstanding - Weighted-average remaining contractual life	2 years 3 months 18 days
Options outstanding - Weighted-average exercise price per share (in dollars per share)	$ 21.31
Options exercisable (in shares) | shares	306,101
Options exercisable - Weighted-average exercise price per share (in dollars per share)	$ 21.31

STOCK-BASED COMPENSATION_ - Dia

STOCK-BASED COMPENSATION: - Diablo Restricted Stock Awards Narrative (Details) - Diablo.AI, Inc. - USD ($) $ in Millions	Apr. 21, 2021	Sep. 30, 2021
Equity, Class of Treasury Stock [Line Items]
Vesting period	3 years
Restricted Stock
Equity, Class of Treasury Stock [Line Items]
Conversion of convertible securities (in shares)		40,600
Conversion of convertible securities		$ 1.9
Vesting period		3 years

STOCK-BASED COMPENSATION_ - Unv

STOCK-BASED COMPENSATION: - Unvested Restricted Stock Awards (Details) - Restricted Stock - Diablo.AI, Inc.	6 Months Ended
	Sep. 30, 2021$ / sharesshares
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares) | shares	0
Diablo replacement restricted stock award (in shares) | shares	40,600
Vested (in shares) | shares	(10,150)
Outstanding at the end of the period (in shares) | shares	30,450
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share) | $ / shares	$ 0
Diablo replacement restricted stock award (in dollars per share) | $ / shares	47.29
Vested (in dollars per share) | $ / shares	47.29
Outstanding at the end of the period (in dollars per share) | $ / shares	$ 47.29
Weighted average remaining contractual term (in years)	2 years 8 months 1 day

STOCK-BASED COMPENSATION_ - Tim

STOCK-BASED COMPENSATION: - Time-vesting restricted stock unit, narrative (Details) - USD ($) $ in Millions	Apr. 21, 2021	Sep. 30, 2021
Diablo.AI, Inc.
Share-based compensation
Vesting period	3 years
Restricted stock units | Time Based Vesting
Share-based compensation
Granted (in shares)		2,218,586
Aggregate fair value of restricted stock units granted		$ 104.8
Vested in period, fair value		$ 6.9
Restricted stock units | Time Based Vesting | Diablo.AI, Inc.
Share-based compensation
Granted (in shares)		98,442
Aggregate fair value of restricted stock units granted		$ 4.7
Restricted stock units | Vesting in four years
Share-based compensation
Vesting period		4 years

STOCK-BASED COMPENSATION_ - T_2

STOCK-BASED COMPENSATION: - Time-vesting restricted stock unit activity (Details) - Restricted stock units - Time Based Vesting - $ / shares	6 Months Ended	12 Months Ended
	Sep. 30, 2021	Mar. 31, 2021
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	2,692,243
Granted (in shares)	2,218,586
Vested (in shares)	(147,559)
Forfeited or cancelled (in shares)	(586,805)
Outstanding at the end of the period (in shares)	4,176,465	2,692,243
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 45.96
Granted (in dollars per share)	47.22
Vested (in dollars per share)	35.65
Forfeited or cancelled (in dollars per share)	46.50
Outstanding at the end of the period (in dollars per share)	$ 46.92	$ 45.96
Weighted average remaining contractual term (in years)	2 years 11 months 26 days	2 years 9 months 3 days

STOCK-BASED COMPENSATION_ - Per

STOCK-BASED COMPENSATION: - Performance-based restricted stock units, narrative (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Mar. 31, 2020
Acuity Data
Share-based compensation
Non-cash stock-based compensation expense	$ 3,400
Business combination, contingent consideration, liability	1,712	$ 2,208
Business combination, contingent consideration, liability, expected costs	1,700
Acuity Data | Accrued Liabilities
Share-based compensation
Business combination, contingent consideration, liability	$ 1,700
Restricted stock units | Performance stock
Share-based compensation
Granted (in shares)	249,152
Aggregate fair value of restricted stock units granted	$ 12,600
Forfeited in period (in shares)	138,072
Outstanding at the end of the period (in shares)	650,835	631,869
Vesting in period (in shares)	92,114
The total fair value of performance-based restricted stock units	$ 4,300
Restricted stock units | Performance stock | Operating Metrics Performance Plan
Share-based compensation
Granted (in shares)	148,912
Aggregate fair value of restricted stock units granted	$ 7,100
Restricted stock units | Performance stock | Minimum | Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage	0.00%
Restricted stock units | Performance stock | Maximum | Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage	200.00%
Restricted stock units | ATS Performance Plan Vesting Total Shareholder Return
Share-based compensation
Granted (in shares)	36,425
Aggregate fair value of restricted stock units granted	$ 1,700
Restricted stock units | ATS Performance Plan Vesting Total Shareholder Return | Minimum
Share-based compensation
Award vesting rights percentage	0.00%
Restricted stock units | ATS Performance Plan Vesting Total Shareholder Return | Maximum
Share-based compensation
Award vesting rights percentage	100.00%
Restricted stock units | Performance Shares Vesting Total Shareholder Return
Share-based compensation
Granted (in shares)	63,815	59,634	54,012
Aggregate fair value of restricted stock units granted	$ 3,800
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 | 2022 Performance-Based Stock Units That Will Vest On The One Year Anniversary Of Attainment | Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage	50.00%
Vesting period	1 year
Restricted stock units | 2021 Performance Stock
Share-based compensation
Vesting period	1 year
Hurdle achievement, percentage	50.00%
Forfeited in period (in shares)	71,668
Outstanding at the end of the period (in shares)	208,748
Restricted stock units | 2021 Performance Stock Subject To Compensation Committee Approval
Share-based compensation
Forfeited in period (in shares)	34,790
Restricted stock units | 2021 Performance Shares That Will Vest Immediately
Share-based compensation
Award vesting rights percentage	50.00%
Restricted stock units | 2021 Performance Shares That Will Vest In The Second Quarter Of Fiscal Year 2022
Share-based compensation
Award vesting rights percentage	50.00%
Restricted stock units | 2022 Performance-Based Stock Units That Will Vest Immediately | Operating Metrics Performance Plan
Share-based compensation
Award vesting rights percentage	50.00%
Restricted stock units | Performance Shares Vesting In Three Equal Annual Increments
Share-based compensation
Vesting in period (in shares)			82,494
Restricted stock units | Vesting Based on Relevant Performance Period Over Two Periods at March 31 2022 | Minimum
Share-based compensation
Award vesting rights percentage			0.00%
Restricted stock units | Vesting Based on Relevant Performance Period Over Two Periods at March 31 2022 | Maximum
Share-based compensation
Award vesting rights percentage			200.00%
Restricted stock units | Performance Shares Vesting Over Two Periods Ending June 30, 2021
Share-based compensation
Award vesting rights percentage	67.00%
Forfeited in period (in shares)	180,879
Restricted stock units | Performance Shares Vesting Over Cumulative Performance Attainment Through September 30, 2021
Share-based compensation
Award vesting rights percentage	90.00%
Restricted stock units | Performance Shares Vesting Over Two Periods the Second Quarter of Fiscal Year 2022
Share-based compensation
Forfeited in period (in shares)	243,199
Restricted stock units | 2019 Performance Stock
Share-based compensation
Outstanding at the end of the period (in shares)	233,594

STOCK-BASED COMPENSATION_- Non-

STOCK-BASED COMPENSATION:- Non-vested performance-based restricted stock unit activity (Details) - Restricted stock units - Performance stock - $ / shares	6 Months Ended	12 Months Ended
	Sep. 30, 2021	Mar. 31, 2021
Non-vested restricted stock unit activity
Outstanding at the beginning of the period (in shares)	631,869
Granted (in shares)	249,152
Vested (in shares)	(92,114)
Forfeited or cancelled (in shares)	(138,072)
Outstanding at the end of the period (in shares)	650,835	631,869
Non-vested restricted stock units, Weighted average fair value per share at grant date
Outstanding at the beginning of the period (in dollars per share)	$ 49.74
Granted (in dollars per share)	50.54
Vested (in dollars per share)	46.72
Forfeited or cancelled (in dollars per share)	48.11
Outstanding at the end of the period (in dollars per share)	$ 50.81	$ 49.74
Weighted average remaining contractual term (in years)	1 year 6 months 7 days	1 year 6 months 14 days

STOCK-BASED COMPENSATION_ - Acq

STOCK-BASED COMPENSATION: - Acquisition-related Consideration Holdback (Details) $ in Millions	6 Months Ended
	Sep. 30, 2021USD ($)
DataFleets, Ltd
Share-based compensation
Holdback expenses	$ 3.8
Holdback expenses, expected costs	6
DataFleets, Ltd | Accrued Liabilities
Share-based compensation
Holdback expenses	3.8
Data Plus Math Corporation
Share-based compensation
Holdback expenses	18.3
Holdback expenses, expected costs	8.1
Data Plus Math Corporation | Accrued Liabilities
Share-based compensation
Holdback expenses	$ 2

STOCK-BASED COMPENSATION_ - PDP

STOCK-BASED COMPENSATION: - PDP Assumed Performance Plan and Qualified EPP (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2021	Mar. 31, 2021
Share-based compensation
Other accrued expenses	$ 47,766	$ 58,353
Pacific Data Partners LLC
Share-based compensation
Non-cash stock-based compensation expense	61,000
Other accrued expenses	$ 4,000

STOCKHOLDERS' EQUITY_ Qualified

STOCKHOLDERS' EQUITY: Qualified Employee Stock Purchase Plan (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Share-based compensation
Future expense for performance stock option units	$ 220,975
Employee Stock
Share-based compensation
Stock issued during period, ESPP (in shares) | shares	56,839
Shares issued, price per share (in dollars per share) | $ / shares	$ 42.70
Stock issued during period, ESPP, value	$ 2,400
Share-based compensation expense	900
Future expense for performance stock option units	$ 300

OTHER CURRENT AND NONCURRENT _3

OTHER CURRENT AND NONCURRENT ASSETS: Schedule of Other Current and Noncurrent Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Other current assets
Prepaid expenses and other	$ 11,076	$ 31,659
Share receivable for cash settlement of withheld income tax withholdings on equity award	0	9,055
Certificates of deposit	7,500	7,500
Assets of non-qualified retirement plan	16,670	15,838
Other current assets	35,246	64,052
Other noncurrent assets
Long-term prepaid revenue share	17,714	8,127
Right-of-use assets (see Note 4)	43,500	11,731
Deferred tax asset	656	663
Deposits	3,206	2,745
Strategic investments	5,700	5,700
Other miscellaneous noncurrent assets	851	1,888
Other assets, net	$ 71,627	$ 30,854

OTHER CURRENT AND NONCURRENT _4

OTHER CURRENT AND NONCURRENT ASSETS: Narrative (Details) - Disposal Group, Disposed of by Sale, Not Discontinued Operations - IT Infrastructure Management Business - USD ($) $ in Millions	6 Months Ended
	Sep. 30, 2021	Mar. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Retained profits interest		$ 0.7
Gain on disposition of business	$ 30.1
Proceeds from divestiture of businesses	$ 31

OTHER ACCRUED EXPENSES_ (Detail

OTHER ACCRUED EXPENSES: (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Business Acquisition [Line Items]
Liabilities of non-qualified retirement plan	$ 16,670	$ 15,838
Accrued Data Marketplace expenses	5,389	15,818
Short-term lease liabilities (see Note 4)	7,522	9,608
Other miscellaneous accrued expenses	5,429	8,034
Other accrued expenses	47,766	58,353
Pacific Data Partners LLC
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	4,039	0
Other accrued expenses	4,000
Data Plus Math Corporation
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	2,031	6,092
Acuity Data
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	1,712	2,208
DataFleets, Ltd
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	3,774	755
Diablo.AI, Inc.
Business Acquisition [Line Items]
Business combination, contingent consideration, liability	$ 1,200	$ 0

PROPERTY AND EQUIPMENT_ (Detail

PROPERTY AND EQUIPMENT: (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 45,214	$ 44,284
Less accumulated depreciation and amortization	34,916	32,327
Property and equipment, net of accumulated depreciation and amortization	10,298	11,957
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	26,451	26,024
Data processing equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	9,409	9,053
Office furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 9,354	$ 9,207

PROPERTY AND EQUIPMENT_ Narrati

PROPERTY AND EQUIPMENT: Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 3	$ 4.8

GOODWILL_ (Details)

GOODWILL: (Details) $ in Thousands	6 Months Ended
	Sep. 30, 2021USD ($)
Goodwill
Goodwill at the beginning of year	$ 357,446
Change in foreign currency translation adjustment	(563)
Goodwill at the end of year	363,895
Diablo.AI, Inc.
Goodwill
Goodwill, acquired during period	$ 7,012

GOODWILL_ Goodwill By Geography

GOODWILL: Goodwill By Geography (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Goodwill information
Goodwill	$ 363,895	$ 357,446
United States
Goodwill information
Goodwill	360,683
Asia-Pacific ("APAC")
Goodwill information
Goodwill	$ 3,212

INTANGIBLE ASSETS_ - Amounts al

INTANGIBLE ASSETS: - Amounts allocated to intangible assets from acquisitions (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	$ 165,321	$ 161,853
Accumulated amortization	(131,351)	(122,123)
Total finite-lived intangible assets, net	33,970	39,730
Developed technology, gross (Software)
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	82,018	78,547
Accumulated amortization	(64,065)	(60,424)
Total finite-lived intangible assets, net	17,953	18,123
Customer relationship/Trade name, gross
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	43,503	43,506
Accumulated amortization	(39,114)	(37,510)
Total finite-lived intangible assets, net	4,389	5,996
Publisher/Data Supply Relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross	39,800	39,800
Accumulated amortization	(28,172)	(24,189)
Total finite-lived intangible assets, net	$ 11,628	$ 15,611

INTANGIBLE ASSETS_ Narrative (D

INTANGIBLE ASSETS: Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 9.2	$ 9.7

INTANGIBLE ASSETS_ - Estimated

INTANGIBLE ASSETS: - Estimated future amortization expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2022	$ 9,301
2023	16,123
2024	6,021
2025	2,525
Total finite-lived intangible assets, net	$ 33,970	$ 39,730

OTHER LIABILITIES_ (Details)

OTHER LIABILITIES: (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Other Liabilities Disclosure [Abstract]
Uncertain tax positions	$ 23,905	$ 26,156
Long-term lease liabilities	37,685	4,158
Restructuring accruals	4,057	4,510
Other	7,529	7,565
Other liabilities	$ 73,176	$ 42,389

ALLOWANCE FOR CREDIT LOSSES_ Su

ALLOWANCE FOR CREDIT LOSSES: Summary of the activity of the allowance for doubtful accounts, returns and credits (Details) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 7,617
Additions charged to costs and expenses	1,282	$ 2,522
Other changes	(1)
Bad debts written off, net of amounts recovered	(590)
Balance at end of period	$ 8,308

RESTRUCTURING, IMPAIRMENT AND_3

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Summary of restructuring activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Restructuring Reserve [Roll Forward]
Restructuring charges and adjustments	$ 0	$ (833)	$ 0	$ 1,202
Continuing operations
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period			4,743
Restructuring charges and adjustments			0
Payments			(1,230)
Restructuring Reserve, at the end of the period	3,513		3,513
Continuing operations | Associate-related reserves
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period			825
Restructuring charges and adjustments			0
Payments			(777)
Restructuring Reserve, at the end of the period	48		48
Continuing operations | Lease accruals
Restructuring Reserve [Roll Forward]
Restructuring Reserve, at the beginning of the period			3,918
Restructuring charges and adjustments			0
Payments			(453)
Restructuring Reserve, at the end of the period	$ 3,465		$ 3,465

RESTRUCTURING, IMPAIRMENT AND_4

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		54 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments	$ 0	$ (833)	$ 0	$ 1,202
Facility Closing | Restructuring Activity 2017
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments					$ 7,300
Restructuring reserve	$ 3,500		3,500		$ 3,500
United States and Europe | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges and adjustments			$ 1,700

RESTRUCTURING, IMPAIRMENT AND_5

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES: Gains, losses and other items (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Restructuring and Related Activities [Abstract]
Restructuring plan charges and adjustments	$ 0	$ (833)	$ 0	$ 1,202
Early contract terminations	0	0	1,042	0
Other	18	214	254	174
Total gains, losses and other items, net	$ 18	$ (619)	$ 1,296	$ 1,376

COMMITMENTS AND CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES: Narrative (Details) $ in Millions	Sep. 30, 2021USD ($)
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	$ 23.9

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES: (Details) $ in Thousands	Sep. 30, 2021USD ($)
Purchase Obligation, Fiscal Year Maturity [Abstract]
2022	$ 37,009
2023	53,189
2024	46,172
2025	44,342
2026	33,150
Thereafter	0
Total	$ 213,862

INCOME TAX_ Narrative (Details)

INCOME TAX: Narrative (Details) $ in Millions	6 Months Ended
	Sep. 30, 2021USD ($)
Income Tax Disclosure [Abstract]
Unrecognized tax benefit related to the release of tax contingency reserves due to the expiration of statutes of limitation	$ 2.6

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS: (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Mar. 31, 2021
Fair value of assets and liabilities
Assets of non-qualified retirement plan	$ 16,670	$ 15,838
Fair value measurements on recurring basis | Estimate of Fair Value Measurement
Fair value of assets and liabilities
Assets of non-qualified retirement plan	16,670	15,838
Total assets	16,670	15,838
Fair value measurements on recurring basis | Estimate of Fair Value Measurement | Level 1
Fair value of assets and liabilities
Assets of non-qualified retirement plan	16,670	15,838
Total assets	16,670	15,838
Fair value measurements on recurring basis | Estimate of Fair Value Measurement | Level 2
Fair value of assets and liabilities
Assets of non-qualified retirement plan	0	0
Total assets	0	0
Fair value measurements on recurring basis | Estimate of Fair Value Measurement | Level 3
Fair value of assets and liabilities
Assets of non-qualified retirement plan	0	0
Total assets	$ 0	$ 0

FAIR VALUE OF FINANCIAL INSTR_4

FAIR VALUE OF FINANCIAL INSTRUMENTS: - Narrative (Details) - USD ($)	6 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Strategic investments without readily determinable fair values	$ 5,700,000		$ 5,700,000
Asset impairment charges	$ 0	$ 0