Composition of Certain Financial Statement Captions |
12. Composition of Certain Financial Statement Captions Cash, cash equivalents, and restricted cash are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
Cash and cash equivalents |
|
$ |
53,867 |
|
|
$ |
98,719 |
|
Restricted cash and cash equivalents |
|
|
4,914 |
|
|
|
7,269 |
|
Cash, cash equivalents, and restricted cash |
|
$ |
58,781 |
|
|
$ |
105,988 |
|
Prepaid expenses and other current assets are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
Prepaid expenses |
|
$ |
22,673 |
|
|
$ |
26,365 |
|
Capitalized commissions costs |
|
|
14,363 |
|
|
|
13,813 |
|
Accrued interest on marketable securities |
|
|
916 |
|
|
|
699 |
|
Other current assets |
|
|
1,732 |
|
|
|
2,039 |
|
Prepaid expenses and other current assets |
|
$ |
39,684 |
|
|
$ |
42,916 |
|
Equipment and improvements are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
Computer equipment |
|
$ |
34,503 |
|
|
$ |
35,019 |
|
Internal-use software |
|
|
20,689 |
|
|
|
20,064 |
|
Leasehold improvements |
|
|
4,542 |
|
|
|
7,067 |
|
Furniture and fixtures |
|
|
2,787 |
|
|
|
4,871 |
|
Equipment and improvements, gross |
|
|
62,521 |
|
|
|
67,021 |
|
Accumulated depreciation and amortization |
|
|
(57,582 |
) |
|
|
(60,600 |
) |
Equipment and improvements, net |
|
$ |
4,939 |
|
|
$ |
6,421 |
|
Other assets are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
Capitalized commission costs |
|
$ |
27,499 |
|
|
$ |
26,104 |
|
Deposits |
|
|
7,478 |
|
|
|
7,447 |
|
Debt issuance costs |
|
|
1,244 |
|
|
|
1,498 |
|
Other noncurrent assets |
|
|
9,996 |
|
|
|
9,189 |
|
Other assets |
|
$ |
46,217 |
|
|
$ |
44,238 |
|
Accrued compensation and related benefits are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
Accrued bonus |
|
$ |
11,670 |
|
|
$ |
15,550 |
|
Accrued vacation |
|
|
13,244 |
|
|
|
13,271 |
|
Accrued commissions |
|
|
3,148 |
|
|
|
5,166 |
|
Accrued payroll and other |
|
|
345 |
|
|
|
2,254 |
|
Accrued compensation and related benefits |
|
$ |
28,407 |
|
|
$ |
36,241 |
|
Other current and noncurrent liabilities are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
March 31, 2023 |
|
Accrued acquisition costs |
|
$ |
7,861 |
|
|
$ |
— |
|
Customer credit balances and deposits |
|
|
7,136 |
|
|
|
5,417 |
|
Sales returns reserves and other customer liabilities |
|
|
5,614 |
|
|
|
5,390 |
|
Care services liabilities |
|
|
4,914 |
|
|
|
7,269 |
|
Accrued interest payable |
|
|
4,081 |
|
|
|
4,244 |
|
Accrued hosting costs |
|
|
3,553 |
|
|
|
873 |
|
Accrued EDI expense |
|
|
3,068 |
|
|
|
3,064 |
|
Accrued outsourcing costs |
|
|
2,785 |
|
|
|
3,023 |
|
Accrued employee benefits and withholdings |
|
|
2,667 |
|
|
|
3,195 |
|
Accrued self insurance expense |
|
|
2,299 |
|
|
|
2,359 |
|
Accrued consulting and outside services |
|
|
2,002 |
|
|
|
3,957 |
|
Accrued royalties |
|
|
1,838 |
|
|
|
3,248 |
|
Accrued legal expense |
|
|
907 |
|
|
|
782 |
|
Accrued taxes payable |
|
|
309 |
|
|
|
1,746 |
|
Accrued legal settlement(1) |
|
|
- |
|
|
|
33,990 |
|
Other accrued expenses |
|
|
5,963 |
|
|
|
5,242 |
|
Other current liabilities |
|
$ |
54,997 |
|
|
$ |
83,799 |
|
|
|
|
|
|
|
|
Contingent consideration related to acquisitions, noncurrent |
|
$ |
4,200 |
|
|
$ |
3,800 |
|
Uncertain tax positions |
|
|
4,195 |
|
|
|
3,950 |
|
Other liabilities |
|
|
642 |
|
|
|
524 |
|
Other noncurrent liabilities |
|
$ |
9,037 |
|
|
$ |
8,274 |
|
(1) Refer to Note 17, "Commitments, Guarantees and Contingencies" for more details.
|