Property and Equipment, Net

12 Months Ended

Mar. 31, 2018

Property, Plant and Equipment [Abstract]

Property and equipment at March 31, 2018 and 2017 is as follows:



	Year ended March 31,
(In thousands)	2018			2017

Furniture and equipment	$	10,671		$	7,955
Software	11,885			12,013
Leasehold improvements	6,819			6,317
Project expenditures not yet in use	4,187			2,217
	33,562			28,502
Accumulated depreciation and amortization	(16,050		)	(12,502		)
Property and equipment, net	$	17,512		$	16,000

Total depreciation expense on property and equipment was $2.6 million, $2.4 million, and $2.2 million during fiscal 2018, 2017 and 2016, respectively.

The Company capitalizes internal-use software, including software used exclusively in providing services or that is only made available to customers as a software service, as property and equipment under ASC 350-40, Internal-Use Software.

Total amortization expense on capitalized internal-use software was $1.8 million, $1.4 million and $1.2 million during fiscal 2018, 2017, and 2016, respectively.

Assets under capital leases are included in property and equipment categories above. Total assets under capital leases at March 31, 2018 and 2017 are as follows:



	Year ended March 31,
(In thousands)	2018			2017

Capital leases	$	679		$	702
Less accumulated depreciation	(509		)	(474		)
Assets under capital lease, net	$	170		$	228