Property and Equipment

12 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 4 — Property and Equipment

Property and equipment, net consisted of the following at March 31, 2022 and 2021:

	2022			2021
Computer software	$	177,150,000		$	163,829,000
Office equipment and computers		77,380,000			66,714,000
Land, building and improvements		11,081,000			11,081,000
Leasehold improvements		18,582,000			17,562,000
		284,193,000			259,186,000
Less: accumulated depreciation and amortization		(207,925,000	)		(188,567,000	)
	$	76,268,000		$	70,619,000

Depreciation expense totaled $23,481,000, $23,001,000 and $22,081,000 for the fiscal years ended March 31, 2022, 2021 and 2020, respectively.