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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 76,252,000 $ 66,365,000 $ 66,410,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 26,252,000 25,121,000 23,916,000
Loss on write down or disposal of property, capitalized software or investment 290,000 415,000 122,000
Stock compensation expense 4,982,000 5,559,000 5,198,000
Provision for expected credit losses 1,828,000 1,216,000 158,000
Deferred income taxes (3,321,000) (1,913,000) 2,302,000
Changes in operating assets and liabilities:      
Accounts receivable (17,902,000) 336,000 (18,022,000)
Customer deposits (8,120,000) (10,241,000) (13,284,000)
Prepaid expenses and income taxes (32,000) 3,738,000 (7,116,000)
Other assets 60,000 (919,000) (135,000)
Accounts and income taxes payable (1,322,000) (4,395,000) 1,423,000
Accrued liabilities 15,290,000 (4,361,000) 8,052,000
Operating lease liabilities 2,336,000 1,367,000 (1,802,000)
Net cash provided by operating activities 99,237,000 82,288,000 67,222,000
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (29,240,000) (26,320,000) (29,819,000)
Net cash used in investing activities (29,240,000) (26,320,000) (29,819,000)
CASH FLOWS FROM FINANCING ACTIVITIES      
Exercise of employee stock purchase options 681,000 676,000 564,000
Exercise of common stock options 9,266,000 10,856,000 9,906,000
Purchase of treasury stock (45,710,000) (93,675,000) (90,085,000)
Net cash used in financing activities (35,763,000) (82,143,000) (79,615,000)
Net increase (decrease) in cash and cash equivalents 34,234,000 (26,175,000) (42,212,000)
Cash and cash equivalents at beginning of year 71,329,000 97,504,000 139,716,000
CASH AND CASH EQUIVALENTS AT END OF YEAR 105,563,000 71,329,000 97,504,000
Supplemental cash flow information      
Income taxes paid 22,874,000 19,993,000 19,405,000
Accrual of software license purchase $ 0 $ 5,273,000 $ 0