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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2017
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 23,359 $ 37,673
Restricted cash and cash equivalents 3,393 4,916
Accounts receivable, net 79,416 83,407
Inventory 154 158
Income taxes receivable 4,082 2,679
Prepaid expenses and other current assets 17,944 17,969
Total current assets 128,348 146,802
Equipment and improvements, net 27,137 27,426
Capitalized software costs, net 23,209 13,607
Deferred income taxes, net 7,197 11,265
Intangibles, net 80,663 69,213
Goodwill 216,530 185,898
Other assets 18,299 19,010
Total assets 501,383 473,221
Current liabilities:    
Accounts payable 3,069 4,618
Deferred revenue 52,843 52,383
Accrued compensation and related benefits 21,898 24,513
Income taxes payable 0 405
Other current liabilities 30,153 46,775
Total current liabilities 107,963 128,694
Deferred revenue, net of current 853 1,394
Deferred compensation 6,473 6,629
Line of credit 39,000 15,000
Other noncurrent liabilities 16,354 16,461
Total liabilities 170,643 168,178
Commitments and contingencies (Note 13)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 63,719 and 62,455 shares at December 31, 2017 and March 31, 2017, respectively 637 625
Additional paid-in capital 240,584 228,549
Accumulated other comprehensive loss (235) (358)
Retained earnings [1] 89,754 76,227
Total shareholders' equity 330,740 305,043
Total liabilities and shareholders' equity $ 501,383 $ 473,221
[1] Includes cumulative-effect adjustment related to the adoption of ASU 2016-09, as defined in Note 1. See Note 1 for additional details.