Business Combination (Tables)

6 Months Ended

Sep. 30, 2024

Business Combinations [Abstract]

Components and the allocation of the purchase price for acquisition

The following table sets forth the components and the allocation of the purchase price for our acquisition of Book4Time:

(In thousands)	Total
Components of Purchase Price:
Cash	$	147,181
Total Purchase Price	$	147,181
Allocation of Purchase Price:
Accounts receivable, net	$	1,623
Other current assets, including cash acquired		4,390
Other assets		623
Current and other liabilities		(3,018	)
Deferred tax liabilities		(11,825	)
Contract liabilities		(9,324	)
Net tangible assets (liabilities)		(17,531	)
Identifiable intangible assets:
Customer relationships		35,000
Non-competition agreements		8,100
Developed technology		2,600
Trade name		17,100
Total identifiable intangible assets		62,800
Goodwill		101,912
Total purchase price allocation	$	147,181

Schedule of unaudited pro forma financial information

The following unaudited pro forma financial information for the three- and six-month periods ended September 30, 2024 and September 30, 2023, combines the historical results of Agilysys and of Book4Time, as converted to U.S. GAAP, for the respective periods:

	Three Months Ended September 30,				Six Months Ended September 30,
	2024		2023		2024		2023
(In thousands)	Pro Forma		Pro Forma		Pro Forma		Pro Forma
Revenue	$	70,783	$	62,484	$	138,737	$	122,229
Net income (loss)	$	1,551	$	2,168	$	12,758	$	(1,235	)