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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 26,790 $ 33,079
Restricted cash and cash equivalents 5,696 1,443
Accounts receivable, net 79,731 87,459
Contract assets 12,488 13,242
Inventory 75 120
Income taxes receivable 5,485 3,682
Prepaid expenses and other current assets 23,101 20,826
Total current assets 153,366 159,851
Equipment and improvements, net 22,004 21,404
Capitalized software costs, net 39,678 37,855
Operating lease assets 34,424  
Deferred income taxes, net 5,088 6,194
Contract assets, net of current 3,427 3,747
Intangibles, net 64,394 52,595
Goodwill 266,741 218,771
Other assets 33,773 32,478
Total assets 622,895 532,895
Current liabilities:    
Accounts payable 9,411 5,432
Contract liabilities 52,905 56,009
Accrued compensation and related benefits 25,309 25,663
Income taxes payable   64
Operating lease liabilities 10,323  
Other current liabilities 38,931 41,064
Total current liabilities 136,879 128,232
Deferred compensation 6,198 5,905
Line of credit 37,000 11,000
Operating lease liabilities, net of current 39,297  
Other noncurrent liabilities 3,765 11,812
Total liabilities 223,139 156,949
Commitments and contingencies (Note 15)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 65,701 and 64,838 shares at December 31, 2019 and March 31, 2019, respectively 657 648
Additional paid-in capital 277,161 264,908
Accumulated other comprehensive loss (1,423) (1,231)
Retained earnings 123,361 111,621
Total shareholders' equity 399,756 375,946
Total liabilities and shareholders' equity $ 622,895 $ 532,895