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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 241,550 $ 59,829
Restricted cash and cash equivalents 7,920 6,918
Accounts receivable, net 79,419 76,057
Contract assets 19,594 25,157
Income taxes receivable 6,897 6,507
Prepaid expenses and other current assets 34,257 37,102
Total current assets 389,637 211,570
Equipment and improvements, net 7,230 9,120
Capitalized software costs, net 52,603 43,958
Operating lease assets 4,982 11,316
Deferred income taxes, net 19,970 19,259
Contract assets, net of current 4,280 1,910
Intangibles, net 31,563 24,303
Goodwill 321,284 267,212
Other assets 39,474 39,026
Total assets 871,023 627,674
Current liabilities:    
Accounts payable 14,509 9,125
Contract liabilities 62,592 61,280
Accrued compensation and related benefits 25,818 48,736
Income taxes payable 12 99
Operating lease liabilities 4,312 8,089
Other current liabilities 46,955 53,533
Total current liabilities 154,198 180,862
Contract liabilities, net of current 11,117  
Deferred compensation 7,569 7,230
Convertible senior notes, net, noncurrent 266,589  
Operating lease liabilities, net of current 4,992 11,934
Other noncurrent liabilities 8,794 4,570
Total liabilities 453,259 204,596
Commitments and contingencies (Note 16)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; 70,888 shares and 69,245 shares issued at December 31, 2022 and March 31, 2022, respectively; 66,039 shares and 67,075 shares outstanding at December 31, 2022 and March 31, 2022, respectively 709 692
Treasury stock, at cost, 4,849 shares and 2,170 shares at December 31, 2022 and March 31, 2022, respectively (85,752) (35,874)
Additional paid-in capital 351,834 329,917
Accumulated other comprehensive loss (1,865) (1,909)
Retained earnings 152,838 130,252
Total shareholders' equity 417,764 423,078
Total liabilities and shareholders' equity $ 871,023 $ 627,674