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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Operating activities      
Net loss $ (13,164) $ (8,350) $ (11,721)
Adjustments to reconcile loss to net cash provided by operating activities:      
Net restructuring, severance and other charges (156) 227 (224)
Net legal settlements (15) 0 100
Loss on disposal of property & equipment 17 0 70
Depreciation 2,504 2,631 2,409
Amortization 2,567 1,879 1,392
Amortization of developed technology 12,602 10,016 8,012
Deferred income taxes 309 (3,085) 142
Share-based compensation 4,376 4,688 2,427
Change in cash surrender value of company owned life insurance policies (15) (17) (18)
Changes in operating assets and liabilities:      
Accounts receivable (7,536) (719) 6,372
Increase (Decrease) in Contract with Customer, Asset 1,662 0 0
Inventories (50) 229 476
Prepaid expense and other current assets (1,158) 1,485 1,946
Accounts payable (3,512) 130 554
Contract liabilities 4,845 (2,448) (4,034)
Accrued liabilities 5,029 653 (4,250)
Income taxes payable, net (564) (19) 45
Other changes, net (530) (426) (65)
Net cash provided by operating activities 7,241 6,874 3,433
Investing activities      
Capital expenditures (3,318) (6,140) (4,158)
Capitalized software development costs (2,189) (8,918) (11,888)
Additional (investments in) proceeds from corporate-owned life insurance policies (27) (27) 2,181
Net cash used in investing activities (5,534) (15,085) (13,865)
Financing activities      
Payments to settle contingent consideration arising from business acquisitions 0 0 197
Principal payments under long-term obligations (120) (124) (117)
Repurchase of common shares to satisfy employee tax withholding (647) (1,171) (533)
Net cash used in financing activities (767) (1,295) (847)
Effect of exchange rate changes on cash (112) 194 (74)
Net increase (decrease) in cash and cash equivalents 828 (9,312) (11,353)
Cash and cash equivalents at beginning of period 39,943 49,255 60,608
Cash and cash equivalents at end of period $ 40,771 $ 39,943 $ 49,255