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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating activities        
Net Income (Loss) $ 4,545 $ 3,576 $ 6,093 $ 6,615
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation of fixed assets 1,209 461 2,133 934
Amortization of internal-use software and intangibles 347 443 776 896
Deferred income taxes     (389) (306)
Share-based compensation 2,684 3,456 5,851 5,944
Changes in operating assets and liabilities     (8,994) (10,966)
Net cash provided by operating activities     5,470 3,117
Investing activities        
Capital expenditures     (6,002) (797)
Additional investments in corporate-owned life insurance policies     (2) (2)
Net cash used in investing activities     (6,004) (799)
Financing activities        
Payment of preferred stock dividends     (918) (918)
Repurchase of common shares to satisfy employee tax withholding     (3,868) (1,455)
Principal payments under long-term obligations     (2) (2)
Net cash used in financing activities     (4,788) (2,375)
Effect of exchange rate changes on cash     (107) (718)
Net decrease in cash and cash equivalents     (5,429) (775)
Cash and cash equivalents at beginning of period     112,842 96,971
Cash and cash equivalents at end of period $ 107,413 $ 96,196 $ 107,413 $ 96,196