XML 12 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 23,994 $ 27,176
Restricted cash and cash equivalents 4,647 5,320
Marketable securities 0 9,297
Accounts receivable, net 75,516 94,024
Inventory 252 555
Income taxes receivable 14,481 32,709
Prepaid expenses and other current assets 15,944 14,910
Total current assets 134,834 183,991
Equipment and improvements, net 26,097 25,790
Capitalized software costs, net 12,995 13,250
Deferred income taxes, net 9,780 8,198
Intangibles, net 74,722 91,675
Goodwill 185,888 188,837
Other assets 18,703 19,049
Total assets 463,019 530,790
Current liabilities:    
Accounts payable 5,223 11,126
Deferred revenue 49,763 57,935
Accrued compensation and related benefits 18,620 18,670
Income taxes payable 8 91
Other current liabilities 44,338 50,238
Total current liabilities 117,952 138,060
Deferred revenue, net of current 1,312 1,335
Deferred compensation 6,738 6,357
Line of credit 25,000 105,000
Other noncurrent liabilities 14,267 10,661
Total liabilities 165,269 261,413
Commitments and contingencies (Note 13)
Shareholders' equity:    
$0.01 par value; authorized 100,000 shares; issued and outstanding 62,437 and 60,978 shares at December 31, 2016 and March 31, 2016, respectively 624 610
Additional paid-in capital 225,967 211,262
Accumulated other comprehensive loss (653) (481)
Retained earnings 71,812 57,986
Total shareholders' equity 297,750 269,377
Total liabilities and shareholders' equity $ 463,019 $ 530,790