v3.25.2

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Mar. 31, 2025
Current assets:
Cash and cash equivalents	$ 55,564	$ 73,041
Accounts receivable, net of allowance for expected credit losses of $925 and $627, respectively	35,057	31,529
Contract assets	3,814	4,523
Inventories	6,623	5,174
Prepaid expenses and other current assets	7,469	9,260
Total current assets	108,527	123,527
Property and equipment, net	16,200	16,718
Operating lease right-of-use assets	16,154	17,114
Goodwill	136,103	130,640
Intangible assets, net	71,993	70,802
Deferred income taxes, non-current	67,099	66,520
Other non-current assets	9,970	9,049
Total assets	426,046	434,370
Current liabilities:
Accounts payable	14,279	12,388
Contract liabilities	65,389	70,654
Accrued liabilities	12,284	22,324
Operating lease liabilities, current	5,602	5,658
Total current liabilities	97,554	111,024
Deferred income taxes, non-current	11,526	10,986
Operating lease liabilities, non-current	16,306	17,304
Debt, non-current	12,000	24,000
Other non-current liabilities	5,441	5,170
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 28,035,462 and 28,015,775 shares outstanding at June 30, 2025 and March 31, 2025, respectively	10,003	10,003
Treasury shares, 5,306,826 and 5,326,513 at June 30, 2025 and March 31, 2025, respectively	(1,595)	(1,600)
Capital in excess of stated value	114,996	109,785
Retained earnings	165,870	160,980
Accumulated other comprehensive loss	(6,055)	(13,282)
Total shareholders' equity	283,219	265,886
Total liabilities and shareholders' equity	$ 426,046	$ 434,370

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

AGILYSYS INC 10-Q