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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
Current assets:    
Cash and cash equivalents $ 37,233 $ 40,771
Accounts receivable, net of allowance for doubtful accounts of $760 and $788, respectively 25,690 27,000
Contract assets 3,888 2,921
Inventories 1,483 2,044
Prepaid expenses and other current assets 5,155 6,272
Total current assets 73,449 79,008
Property and equipment, net 15,067 15,838
Operating Lease, Right-of-Use Asset 13,379 0
Goodwill 19,622 19,622
Intangible assets, net 8,427 8,438
Software development costs, net 31,392 34,567
Other non-current assets 6,112 6,118
Total assets 167,448 163,591
Current liabilities:    
Accounts payable 4,469 4,718
Contract liabilities 35,589 38,669
Accrued liabilities 9,474 14,892
Operating Lease, Liability, Current 4,202 0
Finance Lease, Liability, Current 22 22
Total current liabilities 53,756 58,301
Deferred income taxes, non-current 866 861
Operating Lease, Liability, Noncurrent 11,539 0
Finance Lease, Liability, Noncurrent 33 35
Other non-current liabilities 1,331 3,772
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 23,680,171 and 23,501,193 shares outstanding at June 30, 2019 and March 31, 2019, respectively 9,482 9,482
Treasury shares, 7,926,660 and 8,105,638 at June 30, 2019 and March 31, 2019, respectively (2,379) (2,433)
Capital in excess of stated value 1,698 781
Retained earnings 91,476 93,051
Accumulated other comprehensive loss (354) (259)
Total shareholders' equity 99,923 100,622
Total liabilities and shareholders' equity $ 167,448 $ 163,591