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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 362,213 $ 389,674
Marketable securities and investments 43,954 33,459
Accounts receivable and unbilled costs, net of allowance for credit allowances of $116 and $479 at June 30, 2024 and March 31, 2024, respectively 129,270 192,096
Inventories and deferred costs 14,994 14,095
Prepaid income taxes 13,352 11,076
Prepaid expenses and other current assets 26,267 32,094
Total current assets 590,050 672,494
Fixed assets, net 24,903 26,487
Operating lease right-of-use assets 39,911 42,486
Goodwill 1,076,715 1,502,820
Intangible assets, net 295,290 308,659
Deferred income taxes 47,855 30,767
Long-term marketable securities 1,003 994
Other assets 9,689 10,595
Total assets 2,085,416 2,595,302
Current liabilities:    
Accounts payable 15,938 14,506
Accrued compensation 63,059 51,362
Accrued other 12,399 14,665
Income taxes payable 764 764
Deferred revenue and customer deposits 279,185 301,806
Current portion of operating lease liabilities 11,859 11,979
Total current liabilities 383,204 395,082
Other long-term liabilities 6,897 7,055
Deferred tax liability 4,326 4,374
Accrued long-term retirement benefits 28,124 28,413
Long-term deferred revenue and customer deposits 120,638 130,212
Operating lease liabilities, net of current portion 35,231 38,101
Long-term debt 75,000 100,000
Total liabilities 653,420 703,237
Commitments and contingencies (Note 14)
Preferred stock, $0.001 par value:    
5,000,000 shares authorized; no shares issued or outstanding at June 30, 2024 and March 31, 2024 0 0
Common stock, $0.001 par value:    
300,000,000 shares authorized; 133,189,228 and 131,316,309 shares issued and 71,311,409 and 71,404,216 shares outstanding at June 30, 2024 and March 31, 2024, respectively 133 131
Additional paid-in capital 3,201,998 3,181,366
Accumulated other comprehensive income 3,404 3,572
Treasury stock at cost, 61,877,819 and 59,912,093 shares at June 30, 2024 and March 31, 2024, respectively (1,652,642) (1,615,483)
(Accumulated deficit) retained earnings (120,897) 322,479
Total stockholders' equity 1,431,996 1,892,065
Total liabilities and stockholders' equity $ 2,085,416 $ 2,595,302