XML 11 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 54,888,000 $ 144,891,000
Accounts receivable, net of allowance for expected credit losses of $755 and $974, respectively 31,614,000 29,441,000
Contract assets 4,537,000 2,287,000
Inventories 6,446,000 4,587,000
Prepaid expenses and other current assets 11,216,000 7,731,000
Total current assets 108,701,000 188,937,000
Property and equipment, net 17,538,000 17,930,000
Operating lease right-of-use assets 18,120,000 18,384,000
Goodwill 135,426,000 32,791,000
Intangible assets, net 79,018,000 16,952,000
Deferred income taxes, non-current 74,898,000 67,373,000
Other non-current assets 8,309,000 8,063,000
Total assets 442,010,000 350,430,000
Current liabilities:    
Accounts payable 12,746,000 9,422,000
Contract liabilities 55,355,000 56,148,000
Accrued liabilities 22,315,000 19,522,000
Operating lease liabilities, current 5,473,000 4,279,000
Total current liabilities 95,889,000 89,371,000
Deferred income taxes, non-current 12,269,000 554,000
Operating lease liabilities, non-current 18,662,000 19,613,000
Debt, non-current 50,000,000 0
Other non-current liabilities 4,928,000 4,415,000
Commitments and contingencies
Shareholders' equity:    
Common shares, without par value, at $0.30 stated value; 80,000,000 shares authorized; 33,342,288 shares issued; and 27,940,004 and 27,376,862 shares outstanding at September 30, 2024 and March 31, 2024, respectively 10,003,000 10,003,000
Treasury shares, 5,402,284 and 5,965,426 at September 30, 2024 and March 31, 2024, respectively (1,622,000) (1,791,000)
Capital in excess of stated value 102,275,000 94,680,000
Retained earnings 153,225,000 137,755,000
Accumulated other comprehensive loss (3,619,000) (4,170,000)
Total shareholders' equity 260,262,000 236,477,000
Total liabilities and shareholders' equity $ 442,010,000 $ 350,430,000