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Consolidated Statements of Cash Flows - Unaudited - USD ($)
6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities    
NET INCOME $ 20,167,000 $ 26,278,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 11,643,000 11,209,000
Loss on write down or disposal of property, capitalized software or investment 496,000 26,000
Stock compensation expense 2,233,000 2,423,000
Provision for doubtful accounts 1,498,000 841,000
Deferred income tax (559,000) (606,000)
Changes in operating assets and liabilities    
Accounts receivable (8,826,000) (926,000)
Customer deposits (3,579,000) 3,146,000
Prepaid taxes and expenses 449,000 (447,000)
Other assets 196,000 (682,000)
Accounts and taxes payable (3,619,000) 4,389,000
Accrued liabilities 18,442,000 7,843,000
Operating lease liabilities 966,000 (7,055,000)
Net cash provided by operating activities 39,507,000 46,439,000
Cash Flows from Investing Activities    
Purchase of property and equipment (6,937,000) (17,542,000)
Net cash used in investing activities (6,937,000) (17,542,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (14,440,000) (28,316,000)
Exercise of common stock options 4,472,000 5,387,000
Exercise of employee stock purchase options 257,000 239,000
Net cash used in financing activities (9,711,000) (22,690,000)
Increase in cash and cash equivalents 22,859,000 6,207,000
Cash and cash equivalents at beginning of period 83,223,000 91,713,000
Cash and cash equivalents at end of period 106,082,000 97,920,000
Supplemental Cash Flow Information:    
Income taxes paid 6,235,000 8,157,000
Purchase of software license under finance agreement $ 0 $ 3,790,000