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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 103,440 $ 138,012
Restricted cash and cash equivalents 5,405 2,307
Accounts receivable, net 75,102 80,006
Contract assets 15,714 12,529
Income taxes receivable 1,900 856
Prepaid expenses and other current assets 23,361 26,305
Total current assets 224,922 260,015
Equipment and improvements, net 16,720 19,836
Capitalized software costs, net 39,234 37,004
Operating lease assets 30,804 31,004
Deferred income taxes, net 10,647 10,620
Contract assets, net of current 2,303 3,007
Intangibles, net 45,577 57,809
Goodwill 267,212 267,165
Other assets 34,993 33,656
Total assets 672,412 720,116
Current liabilities:    
Accounts payable 6,822 10,521
Contract liabilities 48,442 56,786
Accrued compensation and related benefits 32,140 23,792
Income taxes payable 50 148
Operating lease liabilities 11,061 10,619
Other current liabilities 38,887 41,352
Total current liabilities 137,402 143,218
Deferred compensation 6,140 5,300
Line of credit 64,000 129,000
Operating lease liabilities, net of current 36,380 38,823
Other noncurrent liabilities 8,899 3,281
Total liabilities 252,821 319,622
Commitments and contingencies (Note 17)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 66,734 and 66,134 shares at September 30, 2020 and March 31, 2020, respectively 667 661
Additional paid-in capital 292,228 282,857
Accumulated other comprehensive loss (2,054) (2,143)
Retained earnings 128,750 119,119
Total shareholders' equity 419,591 400,494
Total liabilities and shareholders' equity $ 672,412 $ 720,116