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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Mar. 31, 2016
Current assets:    
Cash and cash equivalents $ 37,673 $ 27,176
Restricted cash and cash equivalents 4,916 5,320
Marketable securities 0 9,297
Accounts receivable, net 83,407 94,024
Inventory 158 555
Income taxes receivable 2,679 32,709
Prepaid expenses and other current assets 17,969 14,910
Total current assets 146,802 183,991
Equipment and improvements, net 27,426 25,790
Capitalized software costs, net 13,607 13,250
Deferred income taxes, net 11,265 8,198
Intangibles, net 69,213 91,675
Goodwill 185,898 188,837
Other assets 19,010 19,049
Total assets 473,221 530,790
Current liabilities:    
Accounts payable 4,618 11,126
Deferred revenue 52,383 57,935
Accrued compensation and related benefits 24,513 18,670
Income taxes payable 405 91
Other current liabilities 46,775 50,238
Total current liabilities 128,694 138,060
Deferred revenue, net of current 1,394 1,335
Deferred compensation 6,629 6,357
Line of credit 15,000 105,000
Other noncurrent liabilities 16,461 10,661
Total liabilities 168,178 261,413
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 625 610
Additional paid-in capital 228,549 211,262
Accumulated other comprehensive loss (358) (481)
Retained earnings 76,227 57,986
Total shareholders' equity 305,043 269,377
Total liabilities and shareholders' equity $ 473,221 $ 530,790