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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 40,771 $ 39,943
Accounts receivable, net of allowance for doubtful accounts of $788 and $900, respectively 27,000 16,389
Contract assets 2,921 0
Inventories 2,044 1,999
Prepaid expenses and other current assets 6,272 5,593
Total current assets 79,008 63,924
Property and equipment, net 15,838 17,512
Goodwill 19,622 19,622
Intangible assets, net 8,438 8,484
Software development costs, net 34,567 45,181
Other non-current assets 6,118 2,484
Total assets 163,591 157,207
Current liabilities:    
Accounts payable 4,718 8,400
Contract with Customer, Liability, Current 38,669 26,820
Accrued liabilities 14,892 9,241
Capital lease obligations, current 22 120
Total current liabilities 58,301 44,581
Deferred income taxes, non-current 861 227
Capital lease obligations, non-current 35 57
Other non-current liabilities 3,772 3,911
Commitments and contingencies (see Note 12)
Shareholders' equity:    
Common shares, without par value, at $0.30 stated value; 80,000,000 shares authorized; 31,606,831 shares issued; and 23,501,193 and 23,324,679 shares outstanding at March 31, 2019 and March 31, 2018, respectively 9,482 9,482
Treasury shares, 8,105,638 and 8,282,152 at March 31, 2019 and March 31, 2018, respectively (2,433) (2,486)
Capital in excess of stated value 781 (1,911)
Retained earnings 93,051 103,601
Accumulated other comprehensive loss (259) (255)
Total shareholders' equity 100,622 108,431
Total liabilities and shareholders' equity $ 163,591 $ 157,207