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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 70,728 $ 59,829
Restricted cash and cash equivalents 7,580 6,918
Accounts receivable, net 76,948 76,057
Contract assets 25,474 25,157
Income taxes receivable 3,052 6,507
Prepaid expenses and other current assets 34,363 37,102
Total current assets 218,145 211,570
Equipment and improvements, net 7,398 9,120
Capitalized software costs, net 49,791 43,958
Operating lease assets 5,197 11,316
Deferred income taxes, net 19,128 19,259
Contract assets, net of current 1,595 1,910
Intangibles, net 19,739 24,303
Goodwill 267,212 267,212
Other assets 38,933 39,026
Total assets 627,138 627,674
Current liabilities:    
Accounts payable 12,414 9,125
Contract liabilities 62,498 61,280
Accrued compensation and related benefits 28,113 48,736
Income taxes payable 172 99
Operating lease liabilities 7,095 8,089
Other current liabilities 58,320 53,533
Total current liabilities 168,612 180,862
Deferred compensation 6,981 7,230
Operating lease liabilities, net of current 5,147 11,934
Other noncurrent liabilities 4,556 4,570
Total liabilities 185,296 204,596
Commitments and contingencies (Note 16)
Shareholders' equity:    
Common stock, $0.01 par value; authorized 100,000 shares; 70,351 shares and 69,245 shares issued at September 30, 2022 and March 31, 2022, respectively; 67,605 shares and 67,075 shares outstanding at September 30, 2022 and March 31, 2022, respectively 704 692
Treasury stock, at cost, 2,746 shares and 2,170 shares at September 30, 2022 and March 31, 2022, respectively (45,752) (35,874)
Additional paid-in capital 343,809 329,917
Accumulated other comprehensive loss (1,942) (1,909)
Retained earnings 145,023 130,252
Total shareholders' equity 441,842 423,078
Total liabilities and shareholders' equity $ 627,138 $ 627,674