Property and Equipment

12 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Note C — Property and Equipment

Property and equipment, net consisted of the following at March 31, 2014 and 2015:


	2014			2015
Computer software	$	90,887,000		$	101,955,000
Office equipment and computers		64,525,000			64,462,000
Leasehold improvements		5,134,000			8,594,000

		160,546,000			175,011,000
Less: accumulated depreciation and amortization		(109,293,000	)		(118,712,000	)

	$	51,253,000		$	56,299,000

Depreciation expense totaled $15,941,000 and $17,537,000 for the fiscal years ended March 31, 2014 and 2015, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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