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Composition of Certain Financial Statement Captions (Tables)
6 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Cash, Cash Equivalents, and Restricted Cash

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

 

 

Summary of Prepaid Expenses and Other Current Assets

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

 

Summary of Equipment and Improvements

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

 

Summary of Other Assets

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

 

Summary of Accrued Compensation and Related Benefits

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

 

Summary of Other Current and Noncurrent Liabilities

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.