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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 33,079 $ 28,845
Restricted cash and cash equivalents 1,443 2,373
Accounts receivable, net 87,459 84,962
Contract assets 13,242  
Inventory 120 180
Income taxes receivable 3,682 8,122
Prepaid expenses and other current assets 20,826 17,180
Total current assets 159,851 141,662
Equipment and improvements, net 21,404 26,795
Capitalized software costs, net 37,855 26,318
Deferred income taxes, net 6,194 9,219
Contract assets, net of current 3,747  
Intangibles, net 52,595 74,091
Goodwill 218,771 218,875
Other assets 32,478 18,795
Total assets 532,895 515,755
Current liabilities:    
Accounts payable 5,432 4,213
Contract liabilities 56,009 54,079
Accrued compensation and related benefits 25,663 27,910
Income taxes payable 64 73
Other current liabilities 41,064 48,317
Total current liabilities 128,232 134,592
Contract liabilities, net of current   1,173
Deferred compensation 5,905 6,086
Line of credit 11,000 37,000
Other noncurrent liabilities 11,812 13,494
Total liabilities 156,949 192,345
Commitments and contingencies (Note 14)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 64,838 and 63,995 shares at March 31, 2019 and March 31, 2018, respectively 648 640
Additional paid-in capital 264,908 244,462
Accumulated other comprehensive loss (1,231) (400)
Retained earnings [1] 111,621 78,708
Total shareholders' equity 375,946 323,410
Total liabilities and shareholders' equity $ 532,895 $ 515,755
[1] Includes cumulative effect adjustment related to the adoption of ASC 606, as defined in Note 3. See Note 3 for additional details.