Rendering

Component: (Network and Table)
Network
2314301 - Disclosure - Share-based Compensation (Tables)
(http://www.agilysys.com/role/ShareBasedCompensationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000078749 (http://www.sec.gov/CIK)
Share-based Compensation [Abstract]Period [Axis]
2015-04-01 - 2016-03-31
Share-based Compensation [Abstract]
 
Summary of share-based compensation expense for options
The following table summarizes the share-based compensation expense for options, SSARs, restricted and performance awards included in the Consolidated Statements of Operations for fiscal 2016, 2015 and 2014:
 
Year ended March 31,
(In thousands)
2016
 
2015
 
2014
Product development
$
1,183

 
$
1,168

 
$
700

Sales and marketing
68

 
135

 
90

General and administrative
2,154

 
1,837

 
1,329

Total share-based compensation expense
$
3,405

 
$
3,140

 
$
2,119

  
Activity related stock options award
The following table summarizes the activity during fiscal 2016 for stock options awarded under the 2006 Plan:
(In thousands, except share and per share data)
Number
of
Options
 
Weighted-
Average
Exercise
Price
 
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
 
 
 
(per share)
 
(in years)
 
 
Outstanding at April 1, 2015
582,500

 
$
15.41

 
 
 
 
Granted
—

 
—

 
 
 
 
     Exercised
—

 
0.00

 
 
 
 
     Cancelled/expired
(37,500
)
 
13.57

 
 
 
 
Outstanding and exercisable at March 31, 2016
545,000

 
$
15.54

 
0.2
 
$
—

  
Schedule additional information related to stock option activity
The following table presents additional information related to stock option activity during the fiscal years ended March 31, 2016, 2015 and 2014:
(In thousands)
2016
2015
2014
Proceeds from stock options exercised
$
—

$
102

$
169

Total intrinsic value of stock options exercised
$
—

$
4

$
1,402

  
Schedule of principal assumptions utilized in valuing SSARs
The following table summarizes the principal assumptions utilized in valuing SSARs granted in fiscal 2016, 2015 and 2014:
 
2016
2015
2014
Risk-free interest rate
1.53%-1.61%
1.52%
1.05%-1.39%
Expected life (in years)
5
5
5
Expected volatility
46.34%-47.25%
82.56%
80.78%-80.93%
Weighted average grant date fair value
$3.95
$7.23
$7.96
  
Activity related SSARs award
The following table summarizes the activity during fiscal 2016 for SSARs awarded under the 2011 Plan and the 2006 Plan:
(In thousands, except share and per share data)
Number
of Rights
 
Weighted-
Average
Exercise
Price
 
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
 
 
 
(per right)
 
(in years)
 
 
Outstanding at April 1, 2015
394,010

 
$
10.76

 
 
 
 
Granted
443,827

 
9.35

 
 
 
 
Exercised
(17,030
)
 
7.44

 
 
 
 
Forfeited
(24,884
)
 
10.2

 
 
 
 
Cancelled/expired
(1,558
)
 
14.43

 
 
 
 
Outstanding at March 31, 2016
794,365

 
$
10.06

 
5.2
 
$
777

Exercisable at March 31, 2016
477,599

 
$
10.14

 
4.6
 
$
533

Vested and expected to vest at March 31, 2016
727,425

 
$
10.09

 
5.2
 
$
725

The following table presents additional information related to SSARs activity during fiscal 2016, 2015 and 2014:
(In thousands)
2016
2015
2014
Compensation expense
$
1,200

$
792

$
611

Total intrinsic value of SSARs exercised
$
32

$
96

$
2,131

Total fair value of SSARs vesting
$
1,069

$
779

$
636

  
Activity related to restricted shares awarded by the Company
The following table presents additional information related to restricted stock activity during fiscal years 2016, 2015, and 2014:
(In thousands)
2016
2015
2014
Compensation expense
$
2,167

$
2,348

$
1,486

Total fair value of restricted share vesting
$
1,638

$
1,572

$
1,579

The following table summarizes the activity during the twelve months ended March 31, 2016 for restricted shares awarded under the 2011 Plan:
 
Number
of Shares
 
Weighted-
Average
Grant-
Date Fair
Value
 
 
 
(per share)
Outstanding at April 1, 2015
322,086

 
$
13.49

Granted
208,274

 
9.39
Vested
(160,498
)
 
11.25
Forfeited
(34,089
)
 
13.11
Outstanding at March 31, 2016
335,773

 
$
12.06

  
Performance shares awarded by the Company
The following table summarizes the activity during fiscal 2016 for performance shares awarded under the 2011 Plan:
 
Number
of
Shares
 
Weighted-
Average
Grant-
Date Fair
Value
 
 
 
(per share)
Outstanding at April 1, 2015
—

 
$
—

Granted
7,812

 
9.6

Vested
—

 
$
—

Outstanding at March 31, 2016
7,812

 
$
9.6

  
Schedule of additional information related to performance share activity
The following table presents additional information related to performance share activity during the fiscal 2016, 2015, and 2014:
(In thousands)
2016
2015
2014
Compensation expense
$
39

$
77

$
22

Total fair value of performance share vesting
$
—

$
174

—