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Consolidated Statements of Cash Flows - Unaudited - USD ($)
9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities    
NET INCOME $ 31,547,000 $ 35,630,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,550,000 16,818,000
Loss on write down or disposal of property, capitalized software or investment 554,000 69,000
Stock compensation expense 3,484,000 3,566,000
Provision for doubtful accounts 1,954,000 (1,421,000)
Deferred income tax (871,000) (891,000)
Changes in operating assets and liabilities    
Accounts receivable 234,000 6,570,000
Customer deposits (5,380,000) (684,000)
Prepaid taxes and expenses (1,443,000) (1,609,000)
Other assets 361,000 (813,000)
Accounts and taxes payable 566,000 5,391,000
Accrued liabilities 24,001,000 9,625,000
Operating lease liabilities 1,213,000 (5,954,000)
Net cash provided by operating activities 73,770,000 66,297,000
Cash Flows from Investing Activities    
Purchase of property and equipment (13,295,000) (27,746,000)
Net cash used in investing activities (13,295,000) (27,746,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (22,125,000) (47,512,000)
Exercise of common stock options 6,999,000 6,637,000
Purchases under employee stock purchase 257,000 239,000
Net cash used in financing activities (14,869,000) (40,636,000)
Increase in cash and cash equivalents 45,606,000 (2,085,000)
Cash and cash equivalents at beginning of period 83,223,000 91,713,000
Cash and cash equivalents at end of period 128,829,000 89,628,000
Supplemental Cash Flow Information:    
Income taxes paid 9,830,000 11,927,000
Purchase of software license under finance agreement $ 0 $ 3,790,000