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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 46,356,000 $ 47,377,000 $ 46,703,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 23,436,000 22,516,000 22,984,000
Loss on write down or disposal of property, capitalized software or investment 590,000 149,000 306,000
Stock compensation expense 4,978,000 4,485,000 4,349,000
Provision for doubtful accounts 2,021,000 1,606,000 1,875,000
Deferred income taxes (8,376,000) 1,470,000 1,456,000
Changes in operating assets and liabilities:      
Accounts receivable (976,000) 3,964,000 (8,271,000)
Customer deposits (7,507,000) (3,723,000) (9,772,000)
Prepaid expenses and income taxes 3,003,000 (3,834,000) (66,000)
Other assets 504,000 (595,000) 145,000
Accounts and income taxes payable (3,355,000) 1,095,000 (1,975,000)
Accrued liabilities 31,561,000 11,885,000 20,905,000
Operating lease liabilities 2,144,000 (5,569,000) 0
Net cash provided by operating activities 94,379,000 80,826,000 78,639,000
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property and equipment (17,243,000) (32,360,000) (15,274,000)
Net cash used in investing activities (17,243,000) (32,360,000) (15,274,000)
CASH FLOWS FROM FINANCING ACTIVITIES      
Exercise of employee stock purchase options 534,000 505,000 503,000
Exercise of common stock options 11,494,000 8,147,000 7,241,000
Purchase of treasury stock (32,671,000) (65,608,000) (35,167,000)
Net cash used in financing activities (20,643,000) (56,956,000) (27,423,000)
Net increase (decrease) in cash and cash equivalents 56,493,000 (8,490,000) 35,942,000
Cash and cash equivalents at beginning of year 83,223,000 91,713,000 55,771,000
CASH AND CASH EQUIVALENTS AT END OF YEAR 139,716,000 83,223,000 91,713,000
Supplemental cash flow information      
Income taxes paid 20,760,000 15,077,000 12,854,000
Accrual of software license purchase $ 0 $ 3,790,000 $ 0