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Property and Equipment
12 Months Ended
Mar. 31, 2019
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 4 — Property and Equipment

Property and equipment, net consisted of the following at March 31, 2019 and 2018:

 

 

 

2019

 

 

2018

 

Computer software

 

$

152,885,000

 

 

$

142,754,000

 

Office equipment and computers

 

 

68,006,000

 

 

 

67,730,000

 

Land and building

 

 

5,843,000

 

 

 

5,843,000

 

Leasehold improvements

 

 

13,539,000

 

 

 

14,461,000

 

 

 

 

240,273,000

 

 

 

230,788,000

 

Less: accumulated depreciation and amortization

 

 

(178,293,000

)

 

 

(161,432,000

)

 

 

$

61,980,000

 

 

$

69,356,000

 

 

Depreciation expense totaled $22,544,000, $21,338,000 and $20,534,000 for the fiscal years ended March 31, 2019, 2018 and 2017, respectively.  The Company has not yet occupied the building that was purchased in fiscal 2018.  The Company expects to occupy the space by summer of 2019, therefore, no depreciation has been taken on the building thus far.