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REVENUE RECOGNITION (Tables)
 9 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Financial Statement Impact of Adoption
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 December 31, 2018 and on the Company's consolidated statement of operations for the three and nine months ended December 31, 2018 was as follows (in thousands):
 
December 31, 2018
 
As Reported
 
Balance without Adoption of Topic 606
 
Effect of Change Higher (Lower)
ASSETS:
 
 
 
 
 
     Accounts receivable and unbilled costs
$
247,690

 
$
237,738

 
$
9,952

     Inventories and deferred costs
28,909

 
29,130

 
(221
)
     Prepaid expenses and other current assets
27,001

 
23,434

 
3,567

     Other assets
19,298

 
13,851

 
5,447

LIABILITIES:
 
 
 
 
 
     Deferred revenue and customer deposits
260,926

 
278,939

 
(18,013
)
     Deferred tax liability
129,284

 
123,333

 
5,951

     Long-term deferred revenue and customer deposits
84,881

 
98,239

 
(13,358
)
STOCKHOLDERS' EQUITY:
 
 
 
 
 
     Retained earnings
338,107

 
311,636

 
26,471

 
Three Months Ended December 31, 2018
 
Nine Months Ended December 31, 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
$
246,008

 
$
245,318

 
$
690

 
$
674,916

 
$
664,666

 
$
10,250

Total cost of revenue
69,584

 
69,609

 
(25
)
 
195,591

 
195,370

 
221

Sales and marketing expense
74,024

 
74,607

 
(583
)
 
224,207

 
223,804

 
403

Income tax benefit
(1,602
)
 
(2,001
)
 
399

 
(23,479
)
 
(25,427
)
 
1,948

Net loss
(3,603
)
 
(4,502
)
 
899

 
(92,535
)
 
(100,213
)
 
7,678

Basic net loss per share
$
(0.05
)
 
$
(0.06
)
 
$
0.01

 
$
(1.17
)
 
$
(1.27
)
 
$
0.10

Diluted net loss per share
$
(0.05
)
 
$
(0.06
)
 
$
0.01

 
$
(1.17
)
 
$
(1.27
)
 
$
0.10
Contract with Customer, Asset and Liability
The following table provides information about contract assets and liabilities (in thousands):
 
April 1, 2018
 
December 31, 2018
 
Increase/ (Decrease)
ASSETS:
 
 
 
 
 
     Customer accounts receivable
$
205,299

 
$
267,409

 
$
62,110

     Unbilled receivables
4,338

 
3,404

 
(934
)
     Other receivables
4,996

 
3,106

 
(1,890
)
     Long-term unbilled receivables
2,254

 
3,254

 
1,000

 
$
216,887

 
$
277,173

 
$
60,286

LIABILITIES:
 
 
 
 
 
     Deferred revenue
$
271,698

 
$
260,926

 
$
(10,772
)
     Deferred revenue, long-term
90,157

 
84,881

 
(5,276
)
 
$
361,855

 
$
345,807

 
$
(16,048
)