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Consolidated Statements of Cash Flows - (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
NET INCOME $ 21,577,000 $ 19,805,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,726,000 6,364,000
Loss on write down or disposal of property, capitalized software or investment 79,000 13,000
Stock-based compensation expense 1,070,000 1,312,000
Provision for expected credit losses 1,325,000 436,000
Deferred income tax (268,000) (328,000)
Changes in operating assets and liabilities    
Accounts receivable (1,966,000) (3,578,000)
Customer deposits (5,880,000) (4,733,000)
Prepaid taxes and expenses 1,838,000 (1,041,000)
Other assets (146,000) 655,000
Accounts and taxes payable 2,050,000 2,383,000
Accrued liabilities 14,036,000 14,734,000
Operating leases, net (2,000) 604,000
Net cash provided by operating activities 40,439,000 36,626,000
Cash Flows from Investing Activities    
Purchase of property and equipment (7,673,000) (5,049,000)
Net cash used in investing activities (7,673,000) (5,049,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (9,526,000) (17,787,000)
Proceeds from exercise of common stock options 3,105,000 1,474,000
Net cash used in financing activities (6,421,000) (16,313,000)
Increase in cash and cash equivalents 26,345,000 15,264,000
Cash and cash equivalents at beginning of period 105,563,000 71,329,000
Cash and cash equivalents at end of period 131,908,000 86,593,000
Supplemental Cash Flow Information:    
Income taxes paid 403,000 333,000
Purchase of software license under finance agreement $ 0 $ 2,728,000