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Consolidated Statements of Cash Flows - Unaudited - USD ($)
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
NET INCOME $ 8,775,000 $ 7,491,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,303,000 5,051,000
Loss on write down or disposal of property, capitalized software or investment 288,000 7,000
Stock compensation expense 922,000 516,000
Provision for doubtful accounts 276,000 386,000
Deferred income tax (328,000) (193,000)
Changes in operating assets and liabilities    
Accounts receivable (203,000) (1,341,000)
Customer deposits 741,000 1,139,000
Prepaid taxes and expenses 38,000 (1,582,000)
Other assets 178,000 71,000
Accounts and taxes payable 4,096,000 2,618,000
Accrued liabilities 1,293,000 (6,020,000)
Net cash provided by operating activities 21,379,000 8,143,000
Cash Flows from Investing Activities    
Purchase of property and equipment (5,299,000) (5,285,000)
Net cash (used in) investing activities (5,299,000) (5,285,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (11,187,000) (1,648,000)
Tax effect of stock option exercises 768,000 743,000
Exercise of common stock options 737,000 1,502,000
Net cash provided by (used in) financing activities (9,682,000) 597,000
Increase in cash and cash equivalents 6,398,000 3,455,000
Cash and cash equivalents at beginning of period 28,611,000 32,779,000
Cash and cash equivalents at end of period 35,009,000 36,234,000
Supplemental Cash Flow Information:    
Income taxes paid 152,000 1,818,000
Purchase of software license under finance agreement $ 0 $ 2,166,000