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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 398,361 $ 389,674
Marketable securities and investments 28,536 33,459
Accounts receivable and unbilled costs, net of allowance for credit allowances of $85 and $479 at December 31, 2024 and March 31, 2024, respectively 214,585 192,096
Inventories and deferred costs 14,414 14,095
Prepaid income taxes 8,800 11,076
Prepaid expenses and other current assets 27,461 32,094
Total current assets 692,157 672,494
Fixed assets, net 22,054 26,487
Operating lease right-of-use assets 36,582 42,486
Goodwill 1,079,111 1,502,820
Intangible assets, net 270,027 308,659
Deferred income taxes 62,519 30,767
Long-term marketable securities 1,015 994
Other assets 11,280 10,595
Total assets 2,174,745 2,595,302
Current liabilities:    
Accounts payable 13,693 14,506
Accrued compensation 54,657 51,362
Accrued other 16,915 14,665
Income taxes payable 764 764
Deferred revenue and customer deposits 284,783 301,806
Current portion of operating lease liabilities 10,959 11,979
Total current liabilities 381,771 395,082
Other long-term liabilities 7,525 7,055
Deferred tax liability 3,652 4,374
Accrued long-term retirement benefits 27,346 28,413
Long-term deferred revenue and customer deposits 127,070 130,212
Operating lease liabilities, net of current portion 31,798 38,101
Long-term debt 75,000 100,000
Total liabilities 654,162 703,237
Commitments and contingencies (Note 14)
Preferred stock, $0.001 par value:    
5,000,000 shares authorized; no shares issued or outstanding at December 31, 2024 and March 31, 2024 0 0
Common stock, $0.001 par value:    
300,000,000 shares authorized; 133,718,142 and 131,316,309 shares issued and 71,745,945 and 71,404,216 shares outstanding at December 31, 2024 and March 31, 2024, respectively 133 131
Additional paid-in capital 3,234,959 3,181,366
Accumulated other comprehensive income 3,120 3,572
Treasury stock at cost, 61,972,197 and 59,912,093 shares at December 31, 2024 and March 31, 2024, respectively (1,654,569) (1,615,483)
(Accumulated deficit) retained earnings (63,060) 322,479
Total stockholders' equity 1,520,583 1,892,065
Total liabilities and stockholders' equity $ 2,174,745 $ 2,595,302