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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 40,361 $ 59,829
Restricted cash and cash equivalents 8,054 6,918
Accounts receivable, net 77,279 76,057
Contract assets 25,464 25,157
Income taxes receivable 7,367 6,507
Prepaid expenses and other current assets 34,011 37,102
Total current assets 192,536 211,570
Equipment and improvements, net 8,326 9,120
Capitalized software costs, net 47,602 43,958
Operating lease assets 9,707 11,316
Deferred income taxes, net 19,187 19,259
Contract assets, net of current 1,729 1,910
Intangibles, net 21,817 24,303
Goodwill 267,212 267,212
Other assets 39,879 39,026
Total assets 607,995 627,674
Current liabilities:    
Accounts payable 15,042 9,125
Contract liabilities 63,094 61,280
Accrued compensation and related benefits 25,967 48,736
Income taxes payable 363 99
Operating lease liabilities 7,946 8,089
Other current liabilities 45,187 53,533
Total current liabilities 157,599 180,862
Deferred compensation 7,181 7,230
Operating lease liabilities, net of current 9,794 11,934
Other noncurrent liabilities 4,562 4,570
Total liabilities 179,136 204,596
Commitments and contingencies (Note 15)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; issued and outstanding 68,064 and 67,075 shares at June 30, 2022 and March 31, 2022, respectively 704 692
Treasury stock, at cost, 2,318 shares and 2,170 shares at June 30, 2022 and March 31, 2022, respectively (38,379) (35,874)
Additional paid-in capital 337,071 329,917
Accumulated other comprehensive loss (1,937) (1,909)
Retained earnings 131,400 130,252
Total shareholders' equity 428,859 423,078
Total liabilities and shareholders' equity $ 607,995 $ 627,674