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REVENUE RECOGNITION (Tables)
 6 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Financial Statement Impact of Adoption
The cumulative impact of applying Topic 606 to all contracts with outstanding performance obligations as of April 1, 2018 was recorded as an adjustment to retained earnings as of the adoption date. As a result of applying the modified retrospective approach to adopt the new standard, the following adjustments were made to accounts on the consolidated balance sheet at April 1, 2018 (in thousands):
 
Balance at March 31, 2018
 
Adjustments from Adopting Topic 606
 
Balance at April 1, 2018
ASSETS:
 
 
 
 
 
     Accounts receivable and unbilled costs
$
213,438

 
$
1,195

 
$
214,633

     Prepaid expenses and other current assets
33,502

 
4,626

 
38,128

     Other assets
12,866

 
4,748

 
17,614

LIABILITIES:
 
 
 
 
 
     Deferred revenue and customer deposits
301,925

 
(30,227
)
 
271,698

     Deferred tax liability
151,563

 
7,899

 
159,462

     Long-term deferred revenue and customer deposits
91,409

 
(1,252
)
 
90,157

STOCKHOLDERS' EQUITY:
 
 
 
 
 
     Retained earnings
396,493

 
34,149

 
430,642

The impact of adoption of Topic 606 on the Company's consolidated balance sheet at September 30, 2018 and on the Company's consolidated statement of operations for the three and six months ended September 30, 2018 was as follows (in thousands):
 
September 30, 2018
 
As Reported
 
Balance without Adoption of Topic 606
 
Effect of Change Higher (Lower)
ASSETS:
 
 
 
 
 
     Accounts receivable and unbilled costs
$
184,156

 
$
181,123

 
$
3,033

     Inventories and deferred costs
30,985

 
31,231

 
(246
)
     Prepaid expenses and other current assets
27,429

 
23,845

 
3,584

     Other assets
20,006

 
14,315

 
5,691

LIABILITIES:
 
 
 
 
 
     Deferred revenue and customer deposits
230,098

 
248,632

 
(18,534
)
     Deferred tax liability
135,738

 
129,484

 
6,254

     Long-term deferred revenue and customer deposits
77,135

 
88,683

 
(11,548
)
STOCKHOLDERS' EQUITY:
 
 
 
 
 
     Retained earnings
341,710

 
314,246

 
27,464

 
Three Months Ended September 30, 2018
 
Six Months Ended September 30, 2018
 
As Reported
 
Balance without Adoption of Topic 606
 
Effect of Change Higher (Lower)
 
As Reported
 
Balance without Adoption of Topic 606
 
Effect of Change Higher (Lower)
Total revenues
$
223,797

 
$
215,993

 
$
7,804

 
$
428,908

 
$
419,346

 
$
9,562

Total cost of revenue
63,980

 
63,734

 
246

 
126,007

 
125,761

 
246

Sales and marketing expense
72,051

 
71,672

 
379

 
150,183

 
149,197

 
986

Income tax provision
(2,635
)
 
(3,286
)
 
651

 
(21,877
)
 
(23,522
)
 
1,645

Net loss
(26,428
)
 
(32,956
)
 
6,528

 
(88,932
)
 
(95,617
)
 
6,685

Basic net loss per share
$
(0.34
)
 
$
(0.42
)
 
$
0.08

 
$
(1.12
)
 
$
(1.20
)
 
$
0.08

Diluted net loss per share
$
(0.34
)
 
$
(0.42
)
 
$
0.08

 
$
(1.12
)
 
$
(1.20
)
 
$
0.08
Contract with Customer, Asset and Liability
The following table provides information about contract assets and liabilities (in thousands):
 
April 1, 2018
 
September 30, 2018
 
Increase/ (Decrease)
ASSETS:
 
 
 
 
 
     Customer accounts receivable
$
205,299

 
$
190,903

 
$
(14,396
)
     Unbilled receivables
4,338

 
4,402

 
64

     Other receivables
4,996

 
3,287

 
(1,709
)
     Long-term unbilled receivables
2,254

 
3,754

 
1,500

 
$
216,887

 
$
202,346

 
$
(14,541
)
LIABILITIES:
 
 
 
 
 
     Deferred revenue
$
271,698

 
$
230,098

 
$
(41,600
)
     Deferred revenue, long-term
90,157

 
77,135

 
(13,022
)
 
$
361,855

 
$
307,233

 
$
(54,622
)
Changes in deferred revenue during the six months ended September 30, 2018 were as follows (in thousands):    
Balance at April 1, 2018
$
361,855

Revenue recognized in the period
(206,512
)
Additions to customer deposits and contract liabilities
159,265

Reclassifications and other adjustments
594

Divestiture of the HNT tools business
(7,969
)
Balance at September 30, 2018
$
307,233