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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 35,076 $ 39,943
Accounts receivable, net of allowance for doubtful accounts of $809 and $900, respectively 20,306 16,389
Contract assets 5,273 0
Inventories 1,765 1,999
Prepaid expenses and other current assets 5,421 5,593
Total current assets 67,841 63,924
Property and equipment, net 17,113 17,512
Goodwill 19,622 19,622
Intangible assets, net 8,473 8,484
Software development costs, net 44,506 45,181
Other non-current assets 4,673 2,484
Total assets 162,228 157,207
Current liabilities:    
Accounts payable 9,033 8,400
Contract liabilities 30,781 26,820
Accrued liabilities 8,541 9,241
Capital lease obligations, current 96 120
Total current liabilities 48,451 44,581
Deferred income taxes, non-current 251 227
Capital lease obligations, non-current 51 57
Other non-current liabilities 3,726 3,911
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 23,526,906 and 23,324,679 shares outstanding at June 30, 2018 and March 31, 2018, respectively 9,482 9,482
Treasury shares, 8,079,925 and 8,282,152 at June 30, 2018 and March 31, 2018, respectively (2,425) (2,486)
Capital in excess of stated value (1,524) (1,911)
Retained earnings 104,479 103,601
Accumulated other comprehensive loss (263) (255)
Total shareholders' equity 109,749 108,431
Total liabilities and shareholders' equity $ 162,228 $ 157,207