XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 89,523 $ 138,012
Restricted cash and cash equivalents 4,208 2,307
Accounts receivable, net 76,741 80,006
Contract assets 17,404 12,529
Income taxes receivable 3,397 856
Prepaid expenses and other current assets 26,074 26,305
Total current assets 217,347 260,015
Equipment and improvements, net 15,009 19,836
Capitalized software costs, net 41,090 37,004
Operating lease assets 26,268 31,004
Deferred income taxes, net 10,662 10,620
Contract assets, net of current 2,190 3,007
Intangibles, net 40,121 57,809
Goodwill 267,212 267,165
Other assets 36,000 33,656
Total assets 655,899 720,116
Current liabilities:    
Accounts payable 7,817 10,521
Contract liabilities 48,655 56,786
Accrued compensation and related benefits 40,002 23,792
Income taxes payable 65 148
Operating lease liabilities 12,398 10,619
Other current liabilities 51,104 41,352
Total current liabilities 160,041 143,218
Deferred compensation 6,624 5,300
Line of credit 29,000 129,000
Operating lease liabilities, net of current 29,291 38,823
Other noncurrent liabilities 5,231 3,281
Total liabilities 230,187 319,622
Commitments and contingencies (Note 16)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 67,002 and 66,134 shares at December 31, 2020 and March 31, 2020, respectively 670 661
Additional paid-in capital 297,711 282,857
Accumulated other comprehensive loss (1,883) (2,143)
Retained earnings 129,214 119,119
Total shareholders' equity 425,712 400,494
Total liabilities and shareholders' equity $ 655,899 $ 720,116