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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Revenues $ 244,700 $ 227,220 $ 218,901
Cost of revenues 111,091 101,375 95,649
Gross profit 133,609 125,845 123,252
Operating expenses:      
Research and development 23,332 19,795 18,388
Sales and marketing 53,291 45,249 42,526
General and administrative 18,331 16,314 15,984
Total operating expenses 94,954 81,358 76,898
Income from operations 38,655 44,487 46,354
Interest and other income (expense), net 4,745 6,625 793
Income from continuing operations before income tax provision 43,400 51,112 47,147
Income tax provision 16,223 18,333 16,073
Income from continuing operations 27,177 32,779 31,074
Discontinued operations (Note 2)      
Loss from discontinued operations, net of tax 0 (63) (3)
Gain on sale of discontinued operations, net of tax 0 0 559
Net income $ 27,177 $ 32,716 $ 31,630
Basic      
Continuing operations (in dollars per share) $ 1.20 $ 1.46 $ 1.37
Discontinued operations (in dollars per share) 0 (0.01) 0.03
Basic net income per share (in dollars per share) 1.20 1.45 1.40
Diluted      
Continuing operations (in dollars per share) 1.17 1.44 1.36
Discontinued operations (in dollars per share) 0 0 0.02
Diluted net income per share (in dollars per share) $ 1.17 $ 1.44 $ 1.38
Shares used in the calculation of net income per share:      
Weighted average common shares outstanding - basic (in shares) 22,672,000 22,515,000 22,661,000
Weighted average common shares outstanding - diluted (in shares) 23,135,000 22,797,000 22,883,000
Cash dividends declared per share (in dollars per share) $ 0.60 $ 0.52 $ 0.44