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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 36,995 $ 39,943
Accounts receivable, net of allowance for doubtful accounts of $839 and $900, respectively 33,640 16,389
Contract assets 4,221 0
Inventories 1,566 1,999
Prepaid expenses and other current assets 4,334 5,593
Total current assets 80,756 63,924
Property and equipment, net 15,278 17,512
Goodwill 19,622 19,622
Intangible assets, net 8,450 8,484
Software development costs, net 37,812 45,181
Other non-current assets 5,515 2,484
Total assets 167,433 157,207
Current liabilities:    
Accounts payable 6,431 8,400
Contract liabilities 39,935 26,820
Accrued liabilities 12,872 9,241
Capital lease obligations, current 48 120
Total current liabilities 59,286 44,581
Deferred income taxes, non-current 523 227
Capital lease obligations, non-current 40 57
Other non-current liabilities 3,479 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 23,535,090 and 23,324,679 shares outstanding at December 31, 2018 and March 31, 2018, respectively 9,482 9,482
Treasury shares, 8,071,741 and 8,282,152 at December 31, 2018 and March 31, 2018, respectively (2,422) (2,486)
Capital in excess of stated value 639 (1,911)
Retained earnings 96,640 103,601
Accumulated other comprehensive loss (234) (255)
Total shareholders' equity 104,105 108,431
Total liabilities and shareholders' equity $ 167,433 $ 157,207