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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 189,629 $ 141,010
Trade accounts receivable, net 138,650 126,896
Refundable income taxes 9,834 5,239
Restricted cash held in escrow   31,000
Other current assets 37,897 34,975
Assets from discontinued operations   172,284
Total current assets 376,010 511,404
Property and equipment, net of accumulated depreciation and amortization 183,043 176,254
Software, net of accumulated amortization of $286,387 in 2016 and $258,185 in 2015 55,735 68,962
Goodwill 492,745 497,362
Purchased software licenses, net of accumulated amortization of $98,222 in 2016 and $89,955 in 2015 10,116 9,551
Deferred income taxes 6,885 381
Other assets, net 25,315 30,173
TOTAL ASSETS 1,149,849 1,294,087
Current liabilities:    
Current installments of long-term debt 32,243 32,232
Trade accounts payable 37,717 30,094
Accrued expenses    
Payroll 61,309 36,659
Other 48,254 62,754
Acquisition escrow payable   31,000
Deferred revenue 44,477 33,620
Liabilities from discontinued operations   57,433
Total current liabilities 224,000 283,792
Long-term debt 157,897 244,753
Deferred income taxes 53,964 55,440
Other liabilities $ 15,020 $ 6,845
Commitments and contingencies
Equity:    
Common stock, $0.10 par value (authorized 200 million shares; issued 130.4 million and 127.9 million shares at March 31, 2016 and 2015, respectively) $ 13,039 $ 12,794
Additional paid-in capital 1,082,220 1,034,526
Retained earnings 598,501 591,798
Accumulated other comprehensive income 8,590 9,413
Treasury stock, at cost ( 53.0 million and 50.1 million shares at March 31, 2016 and 2015, respectively) (1,003,382) (945,274)
Total equity 698,968 703,257
TOTAL LIABILITIES AND EQUITY $ 1,149,849 $ 1,294,087