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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 12,544$ 21,470
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization2,9242,396
Provisions for contracts, inventory and accounts receivable reserves1,264465
Amortization of bond premium1,2121,041
Deferred income taxes1,1701,155
Other(24)(122)
Stock compensation expense1,2042,563
Changes in assets and liabilities:  
Accounts receivable3,059(6,698)
Unbilled costs and fees6,800(13,289)
Inventories(2,050)(7,005)
Prepaid expenses and other assets(2,845)2,724
Accounts payable(1,580)5,826
Accrued income taxes(1,517)(3,413)
Customer deposits9,264(2,438)
Deferred revenue2,425(572)
Accrued expenses and other liabilities(8,435)(1,848)
Net cash provided by operating activities25,4152,255
Cash flows from investing activities:  
Purchases of short-term investments(148,921)(99,224)
Proceeds from sales and maturities of short-term investments95,518127,695
Purchases of property and equipment, net(2,980)(2,899)
Net cash (used for) provided by investing activities(56,383)25,572
Cash flows from financing activities:  
Decrease in restricted cash and investments14,939 
Proceeds from exercise of stock options2,835366
Repurchase of shares of common stock(15,923)(3,381)
Repayment of leasehold financing(659)(649)
Payment of common stock dividend(5,505)(5,415)
Reduction of income taxes paid due to the tax benefit from employee stock option expense131526
Net cash used for financing activities(4,182)(8,553)
Net (decrease) increase in cash and cash equivalents(35,150)19,274
Cash and cash equivalents at beginning of period60,14434,912
Cash and cash equivalents at end of period$ 24,994$ 54,186