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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income $ 18,983 $ 12,092
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,244 962
Amortization of capitalized software costs 1,925 1,669
Amortization of other intangibles 901 765
Provision for bad debts 980 850
Share-based compensation 956 1,065
Deferred income tax benefit   (262)
Tax benefit associated with stock options 852 175
Excess tax benefit from share-based compensation (852) (175)
Changes in assets and liabilities, net of amounts acquired:    
Accounts receivable (9,651) (4,924)
Inventories (212) (53)
Income taxes receivable   2,953
Other current assets 57 278
Other assets 40 (323)
Accounts payable (571) 1,181
Deferred revenue 3,245 (214)
Accrued compensation and related benefits (346) (1,355)
Income taxes payable 4,359 3,843
Other current liabilities (1,182) 721
Deferred compensation 296 71
Other noncurrent liabilities 509 47
Net cash provided by operating activities 21,533 19,366
Cash flows from investing activities:    
Additions to capitalized software costs (2,513) (2,545)
Additions to equipment and improvements (2,423) (878)
Purchase of IntraNexus (3,279)  
Net cash used in investing activities (8,215) (3,423)
Cash flows from financing activities:    
Excess tax benefit from share-based compensation 852 175
Proceeds from exercise of stock options 3,427 1,144
Dividends paid (10,160) (8,665)
Net cash used in financing activities (5,881) (7,346)
Net increase in cash and cash equivalents 7,437 8,597
Cash and cash equivalents at beginning of period 116,617 84,611
Cash and cash equivalents at end of period 124,054 93,208
Supplemental disclosures of cash flow information:    
Cash paid during the period for income taxes, net of refunds 4,668 276
Non-cash investing and financing activities:    
Unrealized loss on marketable securities, net of tax (10)  
Common stock issued at fair value for Opus earnout settlement 11,887  
Effective April 29, 2011, the company acquired IntraNexus in a transaction summarized as follows:    
Cash paid (3,279)  
Purchase price holdback $ (125)