REVENUE RECOGNITION (Tables)

12 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Financial Statement Impact of Adoption

The impact of adoption of Topic 606 on the Company's consolidated balance sheet at March 31, 2019 and on the Company's consolidated statement of operations for the twelve months ended March 31, 2019 was as follows (in thousands):

	March 31, 2019
	As Reported	Balance without Adoption of Topic 606	Effect of Change Higher (Lower)
ASSETS:
Accounts receivable and unbilled costs	235,318	229,708	5,610
Inventories and deferred costs	26,270	26,418	(148	)
Prepaid expenses and other current assets	35,658	31,810	3,848
Other assets	16,988	12,074	4,914
LIABILITIES:
Deferred revenue and customer deposits	272,508	306,799	(34,291	)
Deferred tax liability	124,229	121,535	2,694
Long-term deferred revenue and customer deposits	94,619	106,025	(11,406	)
STOCKHOLDERS' EQUITY:			—
Retained earnings	358,093	339,765	18,328

	Twelve Months Ended March 31, 2019
	As Reported			Balance without Adoption of Topic 606			Effect of Change Higher (Lower)
Total revenues	$	909,918		$	888,950		$	20,968
Total cost of revenue	254,127			253,979			148
Sales and marketing expense	291,870			292,080			(210		)
Income tax benefit	(19,588		)	(24,022		)	4,434
Net loss	(73,324		)	(89,920		)	16,596
Basic net loss per share	$	(0.93	)	$	(1.14	)	$	0.21
Diluted net loss per share	$	(0.93	)	$	(1.14	)	$	0.21

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		7,124			158,687
Long-term deferred revenue and customer deposits	91,409		(1,252		)	90,157
STOCKHOLDERS' EQUITY:
Retained earnings	396,493		34,924			431,417

Contract with Customer, Asset and Liability

The following table provides information about contract assets and liabilities (in thousands):

	April 1, 2018		March 31, 2019		Increase/ (Decrease)
ASSETS:
Customer accounts receivable	$	205,299	$	240,482	35,183
Unbilled receivables	4,338		3,354		(984		)
Other receivables	4,996		3,577		(1,419		)
Long-term unbilled receivables	2,254		2,754		500
	$	216,887	$	250,167	33,280
LIABILITIES:
Deferred revenue	$	271,698	$	272,508	$	810
Deferred revenue, long-term	90,157		94,619		4,462
	$	361,855	$	367,127	$	5,272