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Consolidated Statements of Cash Flows - (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities    
NET INCOME $ 56,798,000 $ 48,196,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,569,000 18,864,000
Loss on write down or disposal of property, capitalized software or investment 222,000 95,000
Stock compensation expense 3,690,000 4,027,000
Provision for doubtful accounts 1,300,000 1,073,000
Deferred income tax (923,000) (1,006,000)
Changes in operating assets and liabilities    
Accounts receivable (12,923,000) (1,278,000)
Customer deposits (816,000) (13,076,000)
Prepaid taxes and expenses (2,518,000) 2,059,000
Other assets (34,000) (298,000)
Accounts and taxes payable (2,904,000) (3,088,000)
Accrued liabilities 20,675,000 12,871,000
Operating lease liabilities 1,856,000 1,065,000
Net cash provided by operating activities 83,992,000 69,504,000
Cash Flows from Investing Activities    
Purchase of property and equipment (19,193,000) (19,164,000)
Net cash used in investing activities (19,193,000) (19,164,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (36,529,000) (75,081,000)
Proceeds from exercise of common stock options 7,059,000 4,922,000
Proceeds from purchases under employee stock purchase plan 336,000 346,000
Net cash used in financing activities (29,134,000) (69,813,000)
Increase/(decrease) in cash and cash equivalents 35,665,000 (19,473,000)
Cash and cash equivalents at beginning of period 71,329,000 97,504,000
Cash and cash equivalents at end of period 106,994,000 78,031,000
Supplemental Cash Flow Information:    
Income taxes paid 19,269,000 14,981,000
Purchase of software license under finance agreement $ 2,728,000 $ 5,273,000