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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Mar. 31, 2020
Current assets:    
Cash and cash equivalents $ 92,608 $ 46,653
Accounts receivable, net of allowance for expected credit losses of $1,334 and for doubtful accounts of $1,634, respectively 30,940 35,869
Contract assets 2,744 2,125
Inventories 1,322 3,887
Prepaid expenses and other current assets 4,338 4,874
Total current assets 131,952 93,408
Property and equipment, net 9,519 12,230
Operating lease right-of-use assets 12,600 13,829
Goodwill 19,622 19,622
Intangible assets, net 8,400 8,400
Deferred income taxes, non-current 1,234 764
Other non-current assets 5,874 6,309
Total assets 189,201 154,562
Current liabilities:    
Accounts payable 5,435 13,403
Contract liabilities 39,360 42,244
Accrued liabilities 8,853 9,033
Operating lease liabilities, current 4,755 4,719
Finance lease obligations, current 22 24
Total current liabilities 58,425 69,423
Deferred income taxes, non-current 894 880
Operating lease liabilities, non-current 9,353 10,617
Finance lease obligations, non-current 10 25
Other non-current liabilities 3,740 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 23,637,552 and 23,609,398 shares outstanding at December 31, 2020 and March 31, 2020, respectively 9,482 9,482
Treasury shares, 7,969,279 and 7,997,433 at December 31, 2020 and March 31, 2020, respectively (2,391) (2,401)
Capital in excess of stated value 14,584 5,491
Retained earnings 60,116 58,984
Accumulated other comprehensive (loss) income (12) 201
Total shareholders' equity 81,779 71,757
Total liabilities and shareholders' equity 189,201 $ 154,562
Series A Convertible Preferred Stock [Member]    
Liabilities Noncurrent:    
Series A convertible preferred stock, no par value $ 35,000