Property and Equipment

12 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 4 — Property and Equipment

Property and equipment, net consisted of the following at March 31, 2023 and 2022:

	2023			2022
Computer software	$	202,095,000		$	177,150,000
Office equipment and computers		68,253,000			77,380,000
Land, building and improvements		11,081,000			11,081,000
Leasehold improvements		18,295,000			18,582,000
		299,724,000			284,193,000
Less: accumulated depreciation and amortization		(216,954,000	)		(207,925,000	)
	$	82,770,000		$	76,268,000

Depreciation expense totaled $24,696,000, $23,481,000 and $23,001,000 for the fiscal years ended March 31, 2023, 2022 and 2021, respectively.