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Consolidated Statements of Cash Flows - Unaudited - USD ($)
6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
NET INCOME $ 32,915,000 $ 20,167,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,845,000 11,643,000
(Gain) loss on write down or disposal of property, capitalized software or investment (11,000) 496,000
Stock compensation expense 2,701,000 2,233,000
Provision for doubtful accounts 129,000 1,498,000
Deferred income tax (675,000) (559,000)
Changes in operating assets and liabilities    
Accounts receivable (4,846,000) (8,826,000)
Customer deposits (4,563,000) (3,579,000)
Prepaid taxes and expenses (2,464,000) 449,000
Other assets (292,000) 196,000
Accounts and taxes payable 450,000 (3,619,000)
Accrued liabilities 302,000 18,442,000
Operating lease liabilities (292,000) 966,000
Net cash provided by operating activities 35,199,000 39,507,000
Cash Flows from Investing Activities    
Purchase of property and equipment (11,617,000) (6,937,000)
Net cash used in investing activities (11,617,000) (6,937,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (39,755,000) (14,440,000)
Exercise of common stock options 7,261,000 4,472,000
Purchases under employee stock purchase plan 271,000 257,000
Net cash used in financing activities (32,223,000) (9,711,000)
(Decrease)/increase in cash and cash equivalents (8,641,000) 22,859,000
Cash and cash equivalents at beginning of period 139,716,000 83,223,000
Cash and cash equivalents at end of period 131,075,000 106,082,000
Supplemental Cash Flow Information:    
Income taxes paid $ 12,534,000 $ 6,235,000