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Consolidated Statements of Cash Flows - (Unaudited) - USD ($)
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities    
NET INCOME $ 68,746,000 $ 56,798,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 21,935,000 19,569,000
Loss on write down or disposal of property, capitalized software or investment 112,000 222,000
Stock-based compensation expense 4,376,000 3,690,000
Provision for expected credit losses 1,400,000 1,300,000
Deferred income tax (1,094,000) (923,000)
Changes in operating assets and liabilities    
Accounts receivable (10,470,000) (12,923,000)
Customer deposits (11,354,000) (816,000)
Prepaid taxes and expenses (3,126,000) (2,518,000)
Other assets 856,000 (34,000)
Accounts and taxes payable (1,000) (2,904,000)
Accrued liabilities 32,240,000 20,675,000
Operating leases, net 774,000 1,856,000
Net cash provided by operating activities 104,394,000 83,992,000
Cash Flows from Investing Activities    
Purchase of property and equipment (27,094,000) (19,193,000)
Net cash used in investing activities (27,094,000) (19,193,000)
Cash Flows from Financing Activities    
Purchase of treasury stock (28,609,000) (36,529,000)
Proceeds from exercise of common stock options 8,348,000 7,059,000
Proceeds from purchases under employee stock purchase plan 342,000 336,000
Net cash used in financing activities (19,919,000) (29,134,000)
Increase in cash and cash equivalents 57,381,000 35,665,000
Cash and cash equivalents at beginning of period 105,563,000 71,329,000
Cash and cash equivalents at end of period 162,944,000 106,994,000
Supplemental Cash Flow Information:    
Income taxes paid 20,787,000 19,269,000
Purchase of software license under finance agreement $ 0 $ 2,728,000