Selected Quarterly Operating Results

12 Months Ended

Mar. 31, 2012

Selected Quarterly Operating Results [Abstract]

Selected Quarterly Operating Results

16.    Selected Quarterly Operating Results

The following table presents quarterly unaudited consolidated financial information for the eight quarters preceding March 31, 2012. Such information is presented on the same basis as the annual information presented in the accompanying consolidated financial statements. In management’s opinion, this information reflects all adjustments that are necessary for a fair presentation of the results for these periods.

	Quarter Ended
	6/30/2010			9/30/2010		12/31/2010		3/31/2011		6/30/2011			9/30/2011			12/31/2011			3/31/2012
	(Unaudited)
Revenues:
Software, hardware and supplies	$	24,756		$	20,375	$	29,675	$	31,708	$	28,911		$	31,860		$	35,074		$	26,562
Implementation and training services		4,308			4,499		4,262		4,946		5,472			6,094			6,555			8,270
System sales		29,064			24,874		33,937		36,654		34,383			37,954			41,629			34,832
Maintenance		25,536			27,529		27,908		29,046		31,502			35,214			36,245			35,871
Electronic data interchange services		9,764			10,142		10,360		10,756		12,092			11,985			12,101			13,081
Revenue cycle management and related services		10,772			11,175		11,496		11,622		11,881			11,142			11,147			11,402
Other services		7,791			7,737		8,170		9,030		10,584			11,339			11,643			13,808
Maintenance, EDI, RCM and other services		53,863			56,583		57,934		60,454		66,059			69,680			71,136			74,162
Total revenues		82,927			81,457		91,871		97,108		100,442			107,634			112,765			108,994
Cost of revenue:
Software, hardware and supplies		6,212			4,696		5,667		3,204		4,614			4,187			4,622			4,976
Implementation and training services		2,990			3,475		3,677		4,868		4,075			5,050			5,994			6,179
Total cost of system sales		9,202			8,171		9,344		8,072		8,689			9,237			10,616			11,155
Maintenance		3,454			3,238		3,381		2,875		3,854			3,994			4,412			4,844
Electronic data interchange services		6,709			6,773		6,908		7,321		7,962			7,964			7,890			8,606
Revenue cycle management and related services		8,145			8,222		8,715		8,733		8,826			8,456			8,405			8,608
Other services		4,349			3,724		3,981		6,165		5,597			6,369			7,011			8,728
Total cost of maintenance, EDI, RCM and other services		22,657			21,957		22,985		25,094		26,239			26,783			27,718			30,786
Total cost of revenue		31,859			30,128		32,329		33,166		34,928			36,020			38,334			41,941
Gross profit		51,068			51,329		59,542		63,942		65,514			71,614			74,431			67,053
Operating expenses:
Selling, general and administrative		26,238			24,829		27,958		29,285		29,386			32,169			33,096			34,195
Research and development costs		5,456			5,232		5,358		5,751		6,827			7,358			8,277			8,907
Amortization of acquired intangible assets		347			445		445		445		482			520			543			653
Total operating expenses		32,041			30,506		33,761		35,481		36,695			40,047			41,916			43,755
Income from operations		19,027			20,823		25,781		28,461		28,819			31,567			32,515			23,298
Interest income		60			129		55		19		82			75			55			35
Other income (expense), net		(6	)		65		—		2		(38	)		(144	)		(218	)		261
Income before provision for income taxes		19,081			21,017		25,836		28,482		28,863			31,498			32,352			23,594
Provision for income taxes		6,989			7,587		8,305		9,929		9,880			11,002			11,247			8,521
Net income	$	12,092		$	13,430	$	17,531	$	18,553	$	18,983		$	20,496		$	21,105		$	15,073
Net income per share:
Basic*	$	0.21		$	0.23	$	0.30	$	0.32	$	0.33		$	0.35		$	0.36		$	0.26
Diluted*	$	0.21		$	0.23	$	0.30	$	0.32	$	0.32		$	0.35		$	0.36		$	0.25
Weighted-average shares outstanding:
Basic		57,792			57,870		57,956		58,010		58,362			58,511			58,847			59,048
Diluted		58,114			58,156		58,280		58,404		58,800			58,902			59,128			59,232
Dividends declared per common share	$	0.150		$	0.150	$	0.150	$	0.175	$	0.175		$	0.175		$	0.175		$	0.175

* Quarterly EPS may not sum to annual EPS due to rounding