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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 66,034 $ 75,067
Accounts receivable, net of allowance for doubtful accounts of $934 and $888, respectively 19,242 25,481
Inventories 523 641
Prepaid expenses 3,661 3,820
Other current assets 8 8
Total current assets 89,468 105,017
Property and equipment, net 12,267 11,929
Goodwill 19,622 19,622
Intangible assets, net 8,964 9,006
Software development costs, net 36,138 31,818
Other non-current assets 4,181 4,133
Total assets 170,640 181,525
Current liabilities:    
Accounts payable 9,053 16,586
Deferred revenue 22,501 23,881
Accrued liabilities 7,843 10,001
Capital lease obligations, current 141 142
Total current liabilities 39,538 50,610
Deferred income taxes, non-current 3,093 3,053
Capital lease obligations, non-current 39 47
Other non-current liabilities $ 3,577 $ 3,627
Commitments and contingencies (see Note 8)    
Shareholders' equity:    
Common shares, without par value, at $0.30 stated value; 80,000,000 shares authorized; 31,606,831 shares issued; and 22,924,212 and 22,789,355 shares outstanding at June 30, 2015 and March 31, 2015, respectively $ 9,482 $ 9,482
Treasury shares, 8,682,619 and 8,817,477 at June 30, 2015 and March 31, 2015, respectively (2,605) (2,646)
Capital in excess of stated value (10,316) (10,675)
Retained earnings 127,993 128,178
Accumulated other comprehensive loss (161) (151)
Total shareholders' equity 124,393 124,188
Total liabilities and shareholders' equity $ 170,640 $ 181,525