XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Revenues:        
Total revenues $ 141,752 $ 137,740 $ 412,633 $ 403,857
Cost of revenue:        
Amortization of capitalized software costs and acquired intangible assets 9,320 8,963 29,180 26,219
Total cost of revenue 70,324 68,135 205,643 199,100
Gross profit 71,428 69,605 206,990 204,757
Operating expenses:        
Selling, general and administrative 48,972 42,841 131,659 122,015
Research and development costs, net 18,197 20,026 54,111 61,866
Amortization of acquired intangible assets 1,112 964 3,336 2,694
Impairment of assets 2,215 1,948 2,215 4,353
Restructuring costs   546 2,562 2,428
Total operating expenses 70,496 66,325 193,883 193,356
Income from operations 932 3,280 13,107 11,401
Interest income 9 30 27 145
Interest expense (631) (435) (2,873) (1,294)
Other income (expense), net (15) 137 (17) 214
Income before provision for (benefit of) income taxes 295 3,012 10,244 10,466
Provision for (benefit of) income taxes (169) (1,403) 149 (1,274)
Net income 464 4,415 10,095 11,740
Other comprehensive income:        
Foreign currency translation, net of tax 171 (103) 260 (192)
Comprehensive income $ 635 $ 4,312 $ 10,355 $ 11,548
Net income per share:        
Basic $ 0.01 $ 0.07 $ 0.15 $ 0.18
Diluted $ 0.01 $ 0.07 $ 0.15 $ 0.18
Weighted-average shares outstanding:        
Basic 66,943 65,493 66,644 65,304
Diluted 67,140 65,664 66,649 65,516
Recurring        
Revenues:        
Total revenues $ 128,243 $ 124,787 $ 373,456 $ 364,823
Cost of revenue:        
Cost of revenue excluding amortization of capitalized software costs and acquired intangible assets 54,204 52,197 157,539 153,065
Software, Hardware, and Other Non-recurring        
Revenues:        
Total revenues 13,509 12,953 39,177 39,034
Cost of revenue:        
Cost of revenue excluding amortization of capitalized software costs and acquired intangible assets $ 6,800 $ 6,975 $ 18,924 $ 19,816