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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 192,323 $ 138,012
Restricted cash and cash equivalents 8,032 2,307
Accounts receivable, net 76,851 80,006
Contract assets 13,740 12,529
Income taxes receivable 579 856
Prepaid expenses and other current assets 25,899 26,305
Total current assets 317,424 260,015
Equipment and improvements, net 18,525 19,836
Capitalized software costs, net 37,853 37,004
Operating lease assets 29,280 31,004
Deferred income taxes, net 10,604 10,620
Contract assets, net of current 2,878 3,007
Intangibles, net 51,561 57,809
Goodwill 267,165 267,165
Other assets 34,516 33,656
Total assets 769,806 720,116
Current liabilities:    
Accounts payable 9,199 10,521
Contract liabilities 51,160 56,786
Accrued compensation and related benefits 22,454 23,792
Income taxes payable 1,373 148
Operating lease liabilities 10,669 10,619
Other current liabilities 43,616 41,352
Total current liabilities 138,471 143,218
Deferred compensation 5,988 5,300
Line of credit 179,000 129,000
Operating lease liabilities, net of current 36,135 38,823
Other noncurrent liabilities 6,570 3,281
Total liabilities 366,164 319,622
Commitments and contingencies (Note 16)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 66,669 and 66,134 shares at June 30, 2020 and March 31, 2020, respectively 667 661
Additional paid-in capital 286,836 282,857
Accumulated other comprehensive loss (2,156) (2,143)
Retained earnings 118,295 119,119
Total shareholders' equity 403,642 400,494
Total liabilities and shareholders' equity $ 769,806 $ 720,116