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Property and Equipment, Net
12 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net

Property and equipment at March 31, 2019 and 2018 is as follows:
 
Year ended March 31,
(In thousands)
2019
2018
 
 
 
Furniture and equipment
$
11,604

$
10,671

Software
16,427

11,885

Leasehold improvements
6,981

6,819

Project expenditures not yet in use
1,014

4,187

 
36,026

33,562

Accumulated depreciation and amortization
(20,188
)
(16,050
)
Property and equipment, net
$
15,838

$
17,512



Total depreciation expense on property and equipment was $2.5 million, $2.6 million, and $2.4 million during fiscal 2019, 2018 and 2017, 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 $2.5 million, $1.8 million and $1.4 million during fiscal 2019, 2018, and 2017, respectively.

Assets under capital leases are included in property and equipment categories above. Total assets under capital leases at March 31, 2019 and 2018 are as follows:
 
Year ended March 31,
(In thousands)
2019
2018
 
 
 
Capital leases
$
679

$
679

Less accumulated depreciation
(625
)
(509
)
Assets under capital lease, net
$
54

$
170