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Income Tax (Tables)
12 Months Ended
Mar. 31, 2012
Income Tax [Abstract]  
Provision (benefit) for income taxes
                         
    Fiscal Year Ended March 31,  
    2012     2011     2010  

Current:

                       

Federal taxes

  $ 36,109     $ 28,979     $ 23,750  

State taxes

    8,614       6,501       5,043  

Foreign taxes

    73              
   

 

 

   

 

 

   

 

 

 

Total current taxes

    44,796       35,480       28,793  
   

 

 

   

 

 

   

 

 

 

Deferred:

                       

Federal taxes

  $ (3,571   $ (2,168   $ (768

State taxes

    (502     (502     (186

Foreign taxes

    (73            
   

 

 

   

 

 

   

 

 

 

Total deferred taxes

    (4,146     (2,670     (954
   

 

 

   

 

 

   

 

 

 

Provision for income taxes

  $ 40,650     $ 32,810     $ 27,839  
   

 

 

   

 

 

   

 

 

 
Provision for income taxes differ at the federal statutory rate
                         
    Fiscal Year Ended
March 31,
 
    2012     2011     2010  

Current:

                       

Federal income tax statutory rate

    35.0     35.0     35.0

Increase (decrease) resulting from:

                       

State income taxes, net of Federal benefit

    4.5       4.1       4.3  

Research and development tax credits

    (0.9     (1.0     (0.9

Qualified production activities income deduction

    (3.0     (3.0     (2.0

Other

    (0.6     (0.3     0.1  
   

 

 

   

 

 

   

 

 

 

Effective income tax rate

    35.0     34.8     36.5
   

 

 

   

 

 

   

 

 

 
Net deferred tax assets and liabilities in consolidated balance sheets
                 
    March 31,
2012
    March 31,
2011
 

Deferred tax assets:

               

Deferred revenue

  $ 8,618     $ 5,715  

Inventory valuation

    113       122  

Purchased in-process research and development

           

Accrued compensation and benefits

    3,788       3,180  

Deferred compensation

    1,455       1,078  

State income taxes

    255       452  

Compensatory stock option expense

    1,828       1,759  

Allowance for doubtful accounts

    4,235       2,931  

Other

    4,813       1,071  

Total deferred tax assets

    25,105       16,308  
   

 

 

   

 

 

 

Deferred tax liabilities:

               

Accelerated depreciation

  $ (2,319   $ (2,181

Capitalized software

    (7,797     (5,913

Intangibles assets

    (7,307     (6,132

Prepaid expense

    (2,979     (3,069

Other

    73        
   

 

 

   

 

 

 

Total deferred tax liabilities

    (20,329     (17,295
   

 

 

   

 

 

 

Deferred tax assets (liabilities), net

  $ 4,776     $ (987
   

 

 

   

 

 

 
Reconciliation of beginning and ending amount of unrecognized tax benefits
         

Balance at March 31, 2010

  $  656  

Additions for prior year tax positions

    34  

Reductions for prior year tax positions

    (18
   

 

 

 

Balance at March 31, 2011

  $ 672  

Additions for prior year tax positions

    26  

Reductions for prior year tax positions

    (285
   

 

 

 

Balance at March 31, 2012

  $ 413