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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 85,706 $ 46,653
Accounts receivable, net of allowance for expected credit losses of $1,209 and for doubtful accounts of $1,634, respectively 20,173 35,869
Contract assets 2,475 2,125
Inventories 2,174 3,887
Prepaid expenses and other current assets 5,016 4,874
Total current assets 115,544 93,408
Property and equipment, net 10,108 12,230
Operating lease right-of-use assets 13,023 13,829
Goodwill 19,622 19,622
Intangible assets, net 8,400 8,400
Deferred income taxes, non-current 1,040 764
Other non-current assets 5,977 6,309
Total assets 173,714 154,562
Current liabilities:    
Accounts payable 3,176 13,403
Contract liabilities 30,755 42,244
Accrued liabilities 7,185 9,033
Operating lease liabilities, current 4,638 4,719
Finance lease obligations, current 23 24
Total current liabilities 45,777 69,423
Deferred income taxes, non-current 889 880
Operating lease liabilities, non-current 9,923 10,617
Finance lease obligations, non-current 14 25
Other non-current liabilities 3,728 1,860
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 23,588,178 and 23,609,398 shares outstanding at September 30, 2020 and March 31, 2020, respectively 9,482 9,482
Treasury shares, 8,018,653 and 7,997,433 at September 30, 2020 and March 31, 2020, respectively (2,406) (2,401)
Capital in excess of stated value 8,151 5,491
Retained earnings 62,645 58,984
Accumulated other comprehensive income 52 201
Total shareholders' equity 77,924 71,757
Total liabilities and shareholders' equity 173,714 $ 154,562
Series A Convertible Preferred Stock [Member]    
Liabilities Noncurrent:    
Series A convertible preferred stock, no par value $ 35,459