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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
Current assets:    
Cash and cash equivalents $ 62,101 $ 75,067
Accounts receivable, net of allowance for doubtful accounts of $762 and $888, respectively 17,034 25,481
Inventories 1,219 641
Prepaid expenses and other current assets 3,706 3,828
Total current assets 84,060 105,017
Property and equipment, net 13,777 11,929
Goodwill 19,622 19,622
Intangible assets, net 8,922 9,006
Software development costs, net 38,472 31,818
Other non-current assets 4,382 4,133
Total assets 169,235 181,525
Current liabilities:    
Accounts payable 8,514 16,586
Deferred revenue 18,109 23,881
Accrued liabilities 10,035 10,001
Capital lease obligations, current 139 142
Total current liabilities 36,797 50,610
Deferred income taxes, non-current 3,129 3,053
Capital lease obligations, non-current 31 47
Other non-current liabilities $ 4,290 $ 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 22,944,100 and 22,789,355 shares outstanding at September 30, 2015 and March 31, 2015, respectively $ 9,482 $ 9,482
Treasury shares, 8,662,731 and 8,817,477 at September 30, 2015 and March 31, 2015, respectively (2,599) (2,646)
Capital in excess of stated value (9,349) (10,675)
Retained earnings 127,624 128,178
Accumulated other comprehensive loss (170) (151)
Total shareholders' equity 124,988 124,188
Total liabilities and shareholders' equity $ 169,235 $ 181,525