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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 138,012 $ 33,079
Restricted cash and cash equivalents 2,307 1,443
Accounts receivable, net 80,006 87,459
Contract assets 12,529 13,242
Income taxes receivable 856 3,682
Prepaid expenses and other current assets 26,305 20,946
Total current assets 260,015 159,851
Equipment and improvements, net 19,836 21,404
Capitalized software costs, net 37,004 37,855
Operating lease assets 31,004  
Deferred income taxes, net 10,620 6,194
Contract assets, net of current 3,007 3,747
Intangibles, net 57,809 52,595
Goodwill 267,165 218,771
Other assets 33,656 32,478
Total assets 720,116 532,895
Current liabilities:    
Accounts payable 10,521 5,432
Contract liabilities 56,786 56,009
Accrued compensation and related benefits 23,792 25,663
Income taxes payable 148 64
Operating lease liabilities 10,619  
Other current liabilities 41,352 41,064
Total current liabilities 143,218 128,232
Deferred compensation 5,300 5,905
Line of credit 129,000 11,000
Operating lease liabilities, net of current 38,823  
Other noncurrent liabilities 3,281 11,812
Total liabilities 319,622 156,949
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 661 648
Additional paid-in capital 282,857 264,908
Accumulated other comprehensive loss (2,143) (1,231)
Retained earnings 119,119 111,621
Total shareholders' equity 400,494 375,946
Total liabilities and shareholders' equity $ 720,116 $ 532,895