CorVel (CRVL) 10-K 10 Jun 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2016	Jun. 03, 2016	Sep. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	CRVL
Entity Registrant Name	CORVEL CORP
Entity Central Index Key	874,866
Current Fiscal Year End Date	--03-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		19,574,261
Entity Public Float			$ 330,421,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Revenues	$ 503,584,000	$ 492,625,000	$ 478,816,000
Cost of revenues	399,040,000	392,656,000	370,335,000
Gross profit	104,544,000	99,969,000	108,481,000
General and administrative	58,484,000	54,405,000	51,974,000
Income before income taxes	46,060,000	45,564,000	56,507,000
Income tax provision	17,535,000	16,974,000	22,115,000
Net income	$ 28,525,000	$ 28,590,000	$ 34,392,000
Net income per share:
Basic	$ 1.44	$ 1.38	$ 1.63
Diluted	$ 1.43	$ 1.37	$ 1.61
Weighted average shares outstanding:
Basic	19,826,000	20,669,000	21,104,000
Diluted	20,004,000	20,890,000	21,372,000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Current Assets
Cash and cash equivalents	$ 32,779,000	$ 25,516,000
Customer deposits	25,649,000	17,319,000
Accounts receivable (less allowance for doubtful accounts of $1,645,000 at March 31, 2015 and $1,821,000 at March 31, 2016)	59,747,000	57,537,000
Prepaid expenses and taxes	4,933,000	11,675,000
Total current assets	123,108,000	112,047,000
Property and equipment, net	53,268,000	56,299,000
Goodwill	36,814,000	36,814,000
Other intangible assets, net	4,287,000	4,736,000
Other assets	2,792,000	1,677,000
Total assets	220,269,000	211,573,000
Current Liabilities
Accounts and taxes payable	13,233,000	15,770,000
Accrued liabilities	67,182,000	58,318,000
Total current liabilities	80,415,000	74,088,000
Deferred income taxes	7,906,000	9,562,000
Total liabilities	$ 88,321,000	$ 83,650,000
Commitments and contingencies (Notes E, F, H, I, J and L)
Stockholders' Equity
Common stock, $.0001 par value: 120,000,000 shares authorized at March 31, 2015 and 2016; 53,243,157 shares issued (20,250,669 shares outstanding, net of Treasury shares) and 53,448,672 shares issued (19,562,413 shares outstanding, net of Treasury shares) at March 31, 2015 and March 31, 2016, respectively	$ 3,000	$ 3,000
Paid-in-capital	130,465,000	123,440,000
Treasury Stock, at cost (32,992,488 and 33,886,259 shares at March 31, 2015 and 2016, respectively)	(391,803,000)	(360,278,000)
Retained earnings	393,283,000	364,758,000
Total stockholders' equity	131,948,000	127,923,000
Total liabilities and stockholders' equity	$ 220,269,000	$ 211,573,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful debts, accounts receivable	$ 1,821,000	$ 1,645,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	120,000,000	120,000,000
Common stock, shares issued	53,448,672	53,243,157
Common stock, shares outstanding	19,562,413	20,250,669
Treasury stock, shares	33,886,259	32,992,488

Statement of Shareholders' Equi

Statement of Shareholders' Equity - USD ($)	Total	Common Stock [Member]	Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]
Beginning balance at Mar. 31, 2013	$ 111,402,000	$ 3,000	$ 110,924,000	$ (301,301,000)	$ 301,776,000
Beginning balance, shares at Mar. 31, 2013		52,837,262		(31,317,014)
Stock issued under employee stock purchase plan	346,000		346,000
Stock issued under employee stock purchase plan, shares		8,489
Stock issued under stock option plan, net of shares repurchased	3,386,000		3,386,000
Stock issued under stock option plan, net of shares repurchased, shares		281,115
Stock-based compensation expense	2,140,000		2,140,000
Income tax benefits from stock option exercises	2,035,000		2,035,000
Purchase of treasury stock	$ (27,179,000)			$ (27,179,000)
Purchase of treasury stock, shares	(830,460)			(830,460)
Net income	$ 34,392,000				34,392,000
Ending balance at Mar. 31, 2014	126,522,000	$ 3,000	118,831,000	$ (328,480,000)	336,168,000
Ending balance, shares at Mar. 31, 2014		53,126,866		(32,147,474)
Stock issued under employee stock purchase plan	400,000		400,000
Stock issued under employee stock purchase plan, shares		12,299
Stock issued under stock option plan, net of shares repurchased	1,603,000		1,603,000
Stock issued under stock option plan, net of shares repurchased, shares		103,992
Stock-based compensation expense	2,209,000		2,209,000
Income tax benefits from stock option exercises	397,000		397,000
Purchase of treasury stock	$ (31,798,000)			$ (31,798,000)
Purchase of treasury stock, shares	(845,014)			(845,014)
Net income	$ 28,590,000				28,590,000
Ending balance at Mar. 31, 2015	127,923,000	$ 3,000	123,440,000	$ (360,278,000)	364,758,000
Ending balance, shares at Mar. 31, 2015		53,243,157		(32,992,488)
Stock issued under employee stock purchase plan	$ 371,000		371,000
Stock issued under employee stock purchase plan, shares	2,450,271	10,975
Stock issued under stock option plan, net of shares repurchased	$ 3,749,000		3,749,000
Stock issued under stock option plan, net of shares repurchased, shares		194,540
Stock-based compensation expense	2,192,000		2,192,000
Income tax benefits from stock option exercises	713,000		713,000
Purchase of treasury stock	$ (31,525,000)			$ (31,525,000)
Purchase of treasury stock, shares	(893,771)			(893,771)
Net income	$ 28,525,000				28,525,000
Ending balance at Mar. 31, 2016	$ 131,948,000	$ 3,000	$ 130,465,000	$ (391,803,000)	$ 393,283,000
Ending balance, shares at Mar. 31, 2016		53,448,672		(33,886,259)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 28,525,000	$ 28,590,000	$ 34,392,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,952,000	17,995,000	16,411,000
Loss on write down or disposal of property or capitalized software	286,000	285,000	78,000
Stock-based compensation expense	2,192,000	2,209,000	2,140,000
Provision for doubtful accounts	1,357,000	1,730,000	1,332,000
Provision for deferred income taxes	(1,656,000)	304,000	(2,519,000)
Changes in operating assets and liabilities:
Accounts receivable	(3,567,000)	(2,038,000)	(9,456,000)
Customer deposits	(8,331,000)	(1,176,000)	(6,035,000)
Prepaid expenses and taxes	6,742,000	(5,813,000)	1,556,000
Other assets	(516,000)	(18,000)	159,000
Accounts and taxes payable	(2,537,000)	(2,695,000)	2,535,000
Accrued liabilities	8,864,000	4,943,000	14,207,000
Net cash provided by operating activities	51,311,000	44,316,000	54,800,000
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in private equity	(600,000)	(1,400,000)	0
Purchases of property and equipment	(16,756,000)	(22,868,000)	(18,344,000)
Net cash used in investing activities	(17,356,000)	(24,268,000)	(18,344,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Exercise of employee stock purchase options	371,000	400,000	346,000
Exercise of common stock options	3,749,000	1,603,000	3,386,000
Tax benefits from stock options	713,000	397,000	2,035,000
Purchase of treasury stock	(31,525,000)	(31,798,000)	(27,179,000)
Net cash used in financing activities	(26,692,000)	(29,398,000)	(21,412,000)
Net increase (decrease) in cash and cash equivalents	7,263,000	(9,350,000)	15,044,000
Cash and cash equivalents at beginning of year	25,516,000	34,866,000	19,822,000
CASH AND CASH EQUIVALENTS AT END OF YEAR	32,779,000	25,516,000	34,866,000
Supplemental cash flow information
Income taxes paid	13,589,000	19,528,000	20,791,000
Accrual of software license purchase	3,249,000	0	2,343,000
Tenant improvement allowance	$ 0	$ 3,100,000	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note A — Summary of Significant Accounting Policies Organization: The Company evaluated all subsequent events or transactions through the date of this filing. During the period subsequent to March 31, 2016, through the date of filing this report, the Company repurchased 26,555 shares of common stock for $1.1 million or an average of $42.71 per share. These shares were repurchased under the Company’s ongoing share repurchase program described in Note G. Basis of Presentation: Use of Estimates: Cash and Cash Equivalents: Fair Value of Financial Instruments: Level 1 Level 2 Level 3 The carrying amount of the Company’s financial instruments (i.e. cash, accounts receivable, accounts payable, etc.) are all Level 1 and approximate their fair values at March 31, 2015 and 2016 due to the short-term nature of those instruments. The Company has no Level 2 or Level 3 assets. Investment in Private Equity: Revenue Recognition: Management evaluates agreements with customers in accordance with the provision of the revenue recognition topic that addresses multiple-deliverable revenue arrangements. The multiple-deliverable arrangements entered into consist of bundled managed care which included various units of accounting such as network solutions, and patient management which includes claims administration. Such elements are considered separate units of accounting due to each element having value to the customer on a stand-alone basis. The selling price for each unit of accounting is determined using contract price and management estimates. When the Company’s customers purchase several products the pricing of the products sold is generally the same as if the product were sold on an individual basis. Revenue is recognized as the work is performed in accordance with our customer contracts. Based upon the nature of the Company’s products, bundled managed care elements are generally delivered in the same accounting period. The Company recognizes revenue for patient management claims administration services over the life of the claim. The Company estimates, based upon prior experience in managing claims, the deferral amount from when the claim is received to when the customer contract expires. Accounts Receivable: Concentrations of Credit Risk: Property and Equipment: Asset Classification Estimated Useful Life Leasehold Improvements Shorter of five years or the life of lease Furniture and Equipment Five to seven years Computer Hardware Two to five years Computer Software Three to five years The Company accounts for internally developed software costs in accordance with ASC 350-40, “Internal — Use Software”. Capitalized software development costs, intended for internal use, totaled $21,327,000 (net of $61,012,000 in accumulated amortization) and $25,140,000 (net of $69,644,000 in accumulated amortization), as of March 31, 2015 and 2016, respectively. These costs are included in computer software in property and equipment and are amortized over a period of five years. Long-Lived Assets: Goodwill and Long-Lived Assets: Cost of revenues: Income Taxes Share-Based Compensation: Accrual for Self-insurance Costs: Earnings Per Share The difference between the basic shares and the diluted shares for each of the three fiscal years ended March 31, 2014, 2015, and 2016 is as follows: Fiscal 2014 Fiscal 2015 Fiscal 2016 Basic weighted shares 21,104,000 20,669,000 19,826,000 Treasury stock impact of stock options 268,000 221,000 178,000 Diluted weighted shares 21,372,000 20,890,000 20,004,000 Recently Issued Accounting Standards On May 28, 2014, the FASB issued ASU 2014-09 regarding ASC Topic 606, Revenue from Contracts with Customers On November 20, 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes st In January 2016, the FASB issued ASU 2016-01 regarding Subtopic 825-10, Financials Instruments — Overall: Recognition and Measurements of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU No. 2016-02, Leases In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting

Stock Options and Stock-Based C

Stock Options and Stock-Based Compensation	12 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options and Stock-Based Compensation	Note B — Stock Options and Stock-Based Compensation Under the Company’s Restated Omnibus Incentive Plan (Formerly The Restated 1988 Executive Stock Option Plan) (“the Plan”) as in effect at March 31, 2016, options exercisable for up to 19,365,000 shares of the Company’s common stock may be granted over the life of the Plan to key employees, non-employee directors and consultants at exercise prices not less than the fair market value of the stock at the date of grant. Options granted under the Plan are non-statutory stock options and generally vest 25% one year from date of grant and the remaining 75% vesting ratably each month for the next 36 months. The options granted to employees and the board of directors expire at the end of five years and ten years from date of grant, respectively. The Company records compensation expense for employee stock options based on the estimated fair value of the options on the date of grant using the Black-Scholes option-pricing model with the assumptions included in the table below. The Company uses historical data among other factors to estimate the expected volatility, the expected option life, and the expected forfeiture rate. The risk-free rate is based on the interest rate paid on a U.S. Treasury issue with a term similar to the estimated life of the option. During fiscal 2016, based upon the historical experience of option cancellations, the Company has an estimated annualized forfeiture rate of 12.2%. Forfeiture rates will be adjusted over the requisite service period when actual forfeitures differ, or are expected to differ, from the estimate. The fair value of each grant is estimated on the date of grant using the Black-Scholes option-pricing model. The following weighted average assumptions were used for fiscal years ended March 31, 2014, 2015 and 2016: Fiscal 2014 Fiscal 2015 Fiscal 2016 Expected volatility 47% 45% 43% Risk free interest rate 0.7% to 1.5% 1.3% to 1.7% 1.25% to 1.65% Dividend yield 0.0% 0.0% 0.0% Weighted average option life 4.4 to 4.5 years 4.4 to 4.5 years 4.4 to 4.5 years For the fiscal years ended March 31, 2014, 2015 and 2016, the Company recorded share-based compensation expense of $2,140,000, $2,209,000, and $2,192,000, respectively. The table below shows the amounts recognized in the financial statements for the fiscal years ended March 31, 2014, 2015 and 2016. Fiscal 2014 Fiscal 2015 Fiscal 2016 Cost of revenue $ 672,000 $ 1,021,000 $ 1,288,000 General and administrative 1,468,000 1,188,000 904,000 Total cost of stock-based compensation included in income before income tax 2,140,000 2,209,000 2,192,000 Amount of income tax benefit recognized 835,000 862,000 852,000 Amount charged to net income $ 1,305,000 $ 1,347,000 $ 1,340,000 Effect on basic earnings per share $ 0.06 $ 0.07 $ 0.07 Effect on diluted earnings per share $ 0.06 $ 0.06 $ 0.07 All options granted in the three fiscal years ended March 31, 2014, 2015, and 2016 were granted at fair value and are non-statutory stock options. Summarized information for all stock options for the past three fiscal years follows: Fiscal 2014 Fiscal 2015 Fiscal 2016 Options outstanding – beginning of the year 1,100,952 1,115,984 1,163,179 Options granted 441,550 241,625 276,275 Options exercised (310,729 ) (111,758 ) (200,753 ) Options cancelled/forfeited (115,789 ) (82,672 ) (123,236 ) Options outstanding – end of year 1,115,984 1,163,179 1,115,465 During the year, weighted average exercise price of: Options granted $ 33.06 $ 37.64 $ 35.51 Options exercised $ 15.31 $ 17.27 $ 19.75 Options cancelled/forfeited $ 23.33 $ 32.31 $ 33.44 At the end of the year: Price range of outstanding options $ 7.78-$45.55 $ 7.78-$45.55 $ 9.05-$45.55 Weighted average exercise price per share $ 24.80 $ 27.65 $ 30.36 Options available for future grants 959,295 800,342 650,345 Exercisable options 430,294 559,168 529,691 The following table summarizes the status of stock options outstanding and exercisable at March 31, 2016: Range of Exercise Prices Number of Weighted Outstanding Exercisable Exercisable $9.05 to $23.10 394,458 2.74 $ 19.94 326,460 $ 19.34 $23.11 to $34.78 456,246 3.72 32.70 117,986 27.71 $34.79 to $44.86 209,039 3.75 40.88 56,191 40.98 $44.87 to $45.55 55,722 2.85 45.55 29,054 45.55 Total 1,115,465 3.33 $ 30.36 529,691 $ 24.93 A summary of the status for all outstanding options at March 31, 2016, and changes during the fiscal year then ended is presented in the table below: Number of Weighted Weighted Average Aggregate Options outstanding, March 31, 2015 1,163,179 $ 27.65 Granted 276,275 35.51 Exercised (200,753 ) 19.75 Cancelled – forfeited (115,300 ) 33.79 Cancelled – expired (7,936 ) 30.10 Options outstanding, March 31, 2016 1,115,465 $ 30.36 3.33 $ 10,862,335 Options vested and expected to vest 984,006 $ 29.63 3.21 $ 10,337,930 Ending exercisable 529,691 $ 24.93 2.66 $ 7,969,066 The weighted average fair value of options granted during fiscal 2014, 2015, and 2016 was $13.96, $15.00, and $13.68, respectively. The total intrinsic value of options exercised during fiscal years 2014, 2015, and 2016 were $7,726,000, $2,455,000, and $3,581,000 respectively. Included in the above-noted stock option grants and stock compensation expense are performance-based stock options pursuant to which vesting occurs only upon the Company achieving certain earnings per share targets as determined by the Company’s board of directors. The options were valued in the same manner as the time-vesting options. However, the Company only recognizes stock compensation to the extent that the targets are probable which allow the performance options to vest. During fiscal years ended March 31, 2014, 2015, and 2016, the Company recognized stock compensation expense for performance-based options in the amount of $630,000, $211,000, and $28,000, respectively. The Company received $3,386,000, $1,603,000, and $3,749,000 of cash receipts from the exercise of stock options during fiscal 2014, 2015, and 2016, respectively. As of March 31, 2016, $4,425,000 of total unrecognized compensation costs related to stock options is expected to be recognized over a weighted average period of 3 years.

Property and Equipment

Property and Equipment	12 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Note C — Property and Equipment Property and equipment, net consisted of the following at March 31, 2015 and 2016: 2015 2016 Computer software $ 101,955,000 $ 114,883,000 Office equipment and computers 64,462,000 60,061,000 Leasehold improvements 8,594,000 9,060,000 175,011,000 184,004,000 Less: accumulated depreciation and amortization (118,712,000 ) (130,736,000 ) $ 56,299,000 $ 53,268,000 Depreciation expense totaled $17,538,000 and $19,502,000 for the fiscal years ended March 31, 2015 and 2016, respectively.

Accounts and Taxes Payable and

Accounts and Taxes Payable and Accrued Liabilities	12 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Accounts and Taxes Payable and Accrued Liabilities	Note D — Accounts and Taxes Payable and Accrued Liabilities Accounts and income taxes payable consisted of the following at March 31, 2015 and 2016: 2015 2016 Accounts payable $ 13,578,000 $ 11,191,000 Income taxes payable and uncertain tax positions 2,192,000 2,042,000 $ 15,770,000 $ 13,233,000 Accrued liabilities consisted of the following at March 31, 2015 and 2016: 2015 2016 Payroll, payroll taxes and employee benefits $ 17,774,000 $ 18,003,000 Customer deposits 17,760,000 25,649,000 Accrued professional service fees 5,308,000 4,692,000 Self-insurance accruals 3,305,000 3,095,000 Deferred revenue 7,294,000 7,821,000 Accrued rent 5,608,000 4,907,000 Other 1,269,000 3,015,000 $ 58,318,000 $ 67,182,000

Income Taxes

Income Taxes	12 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note E — Income Taxes The income tax provision consisted of the following for the three fiscal years ended March 31, 2014, 2015 and 2016: 2014 2015 2016 Current – Federal $ 21,978,000 $ 16,534,000 $ 16,600,000 Current – State 2,656,000 136,000 2,591,000 Subtotal 24,634,000 16,670,000 19,191,000 Deferred – Federal (2,367,000 ) 312,000 (1,679,000 ) Deferred – State (152,000 ) (8,000 ) 23,000 Subtotal (2,519,000 ) 304,000 (1,656,000 ) $ 22,115,000 $ 16,974,000 $ 17,535,000 The following is a reconciliation of the income tax provision from the statutory federal income tax rate to the effective rate for the three fiscal years ended March 31, 2014, 2015 and 2016: 2014 2015 2016 Income taxes at federal statutory rate (35%) $ 20,633,000 $ 15,947,000 $ 16,121,000 State income taxes, net of federal benefit 1,826,000 1,535,000 1,704,000 Uncertain tax positions (245,000 ) 1,346,000 78,000 Adjustments to returns as filed (293,000 ) (1,978,000 ) (232,000 ) Other 194,000 124,000 (136,000 ) $ 22,115,000 $ 16,974,000 $ 17,535,000 Income taxes paid totaled $20,791,000, $19,528,000, and $13,589,000 for the fiscal years ended March 31, 2014, 2015, and 2016, respectively. Deferred tax assets and liabilities at March 31, 2015 and 2016 are: 2015 2016 Deferred income tax assets: Accrued liabilities not currently deductible $ 7,547,000 $ 9,656,000 Allowance for doubtful accounts 631,000 696,000 Stock-based compensation 1,044,000 1,245,000 Accrued rent 2,152,000 1,875,000 Other 830,000 762,000 Deferred assets 12,204,000 14,234,000 Deferred income tax liabilities: Excess of book over tax basis of fixed assets (15,985,000 ) (16,151,000 ) Intangible assets (5,217,000 ) (5,555,000 ) Other (564,000 ) (434,000 ) Deferred liabilities (21,766,000 ) (22,140,000 ) Net deferred tax liability $ (9,562,000 ) $ (7,906,000 ) Prepaid expenses and taxes include $5,758,000 and $301,000 at March 31, 2015 and 2016, respectively, for income taxes due in the first quarter of the succeeding fiscal year. A reconciliation of the financial statement recognition and measurement of unrecognized tax positions during the current fiscal year is as follows: Balance as of March 31, 2015 $ 1,989,000 Additions based on tax positions related to the current year 337,000 Additions for tax positions of prior years — Reductions for tax positions related to the current year (229,000 ) Reductions for tax positions of prior years (267,000 ) Balance as of March 31, 2016 $ 1,830,000 The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. During the years ended March 31, 2014, 2015 and 2016, the Company recognized approximately ($173,000), $57,000 and $72,000 in interest and penalties, respectively. As of March 31, 2014, 2015 and 2016, accrued interest and penalties related to uncertain tax positions were $83,000, $140,000 and $212,000, respectively. The tax fiscal years 2012-2015 remain open to examination by the major taxing jurisdictions to which the Company is subject.

Employee Stock Purchase Plan

Employee Stock Purchase Plan	12 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Employee Stock Purchase Plan	Note F — Employee Stock Purchase Plan The Company maintains an Employee Stock Purchase Plan (“ESPP”) which allows employees of the Company and its subsidiaries to purchase shares of common stock on the last day of two six-month purchase periods (i.e. March 31 and September 30) at a purchase price which is 95% of the closing sale price of shares as quoted on NASDAQ on the last day of such purchase period. Employees are allowed to contribute up to 20% of their gross pay. A maximum of 2,850,000 shares has been authorized for issuance under the ESPP, as amended. As of March 31, 2016, 2,450,271 had been issued pursuant to the ESPP. Summarized ESPP information is as follows: 2014 2015 2016 Employee contributions $ 346,000 $ 400,000 $ 371,000 Shares acquired 8,489 12,299 10,975 Average purchase price $ 40.71 $ 32.52 $ 33.81

Treasury Stock

Treasury Stock	12 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Treasury Stock	Note G — Treasury Stock During each of the fiscal years in the three fiscal year period ended March 31, 2016, the Company continued to repurchase shares of its common stock under a plan originally approved by the Company’s Board of Directors in 1996. Including a 1,000,000 share expansion authorized in November 2015, the total number of shares of common stock authorized to be repurchased over the life of the plan is 35,000,000 shares of common stock. Purchases may be made from time to time depending on market conditions and other relevant factors. The share repurchases for fiscal years ended March 31, 2014, 2015 and 2016 and cumulatively since inception of the authorization are as follows: 2014 2015 2016 Cumulative Shares repurchased 830,460 845,014 893,771 33,886,000 Cost $ 27,179,000 $ 31,798,000 $ 31,525,000 $ 391,803,000 Average price $ 32.73 $ 37.63 $ 35.27 $ 11.56 During the period subsequent to March 31, 2016, through the date of filing this report, the Company repurchased 26,555 shares for $1.1 million or an average of $42.71 per share. The repurchased shares were recorded as treasury stock, at cost, and are available for general corporate purposes. The repurchases were primarily financed from cash generated from operations and from the cash proceeds from the exercise of stock options.

Commitments

Commitments	12 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments	Note H — Commitments The Company leases office facilities under non-cancelable operating leases. Some of these leases contain escalation clauses. Future minimum rental commitments under operating leases at March 31, 2016 are $13,458,000 in fiscal 2017, $10,335,000 in fiscal 2018, $7,553,000 in fiscal 2019, $5,363,000 in fiscal 2020, $4,317,000 in fiscal 2021, $5,211,000 thereafter, and $46,237,000 in the aggregate. Total rental expense of $13,890,000, $15,297,000, and $14,405,000 was charged to operations for the fiscal years ended March 31, 2014, 2015, and 2016, respectively.

Contingencies and Legal Proceed

Contingencies and Legal Proceedings	12 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Legal Proceedings	Note I — Contingencies and Legal Proceedings The Company is involved in litigation arising in the normal course of business. Management believes that resolution of these matters will not result in any payment that, in the aggregate, would be material to the financial position or results of the operations of the Company.

Retirement Savings Plan

Retirement Savings Plan	12 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Retirement Savings Plan	Note J — Retirement Savings Plan The Company maintains a retirement savings plan for its employees, which is a qualified plan under Section 401(k) of the Internal Revenue Code. Full-time employees that meet certain requirements are eligible to participate in the plan. Employer contributions are made annually, primarily at the discretion of the Company’s Board of Directors. Contributions of $338,000, $443,000 and $392,000 were charged to operations for the fiscal years ended March 31, 2014, 2015, and 2016, respectively.

Shareholder Rights Plan

Shareholder Rights Plan	12 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Shareholder Rights Plan	Note K — Shareholder Rights Plan During fiscal 1997, the Company’s Board of Directors approved the adoption of a Shareholder Rights Plan. The Shareholder Rights Plan provides for a dividend distribution to CorVel stockholders of one preferred stock purchase right for each outstanding share of CorVel’s common stock under certain circumstances. In April 2002, the Board of Directors of CorVel approved an amendment to the Shareholder Rights Plan to extend the expiration date of the rights to February 10, 2012, set the exercise price of each right at $118, and enable Fidelity Management & Research Company and its affiliates to purchase up to 18% of the shares of common stock of the Company without triggering the stockholder rights, with the limitations under the Shareholder Rights Plan remaining in effect for all other stockholders of the Company. In November 2008, the Company’s Board of Directors approved an amendment to the Shareholder Rights Plan to extend the expiration date of the rights to February 10, 2022, remove the ability of Fidelity Management & Research Company and its affiliates to purchase up to 18% of the shares of common stock of the Company without triggering the stockholder rights, substitute Computershare Trust Company, N.A. as the rights agent and effect certain technical changes to the Shareholder Rights Plan. Generally, the Shareholder Rights Plan provides that if a person or group acquires 15% or more of the Company’s common stock without the approval of the Board, subject to certain exceptions, the holders of the rights, other than the acquiring person or group, would, under certain circumstances, have the right to purchase additional shares of the Company’s common stock having a market value equal to two times the then-current exercise price of the right. In addition, if the Company is thereafter merged into another entity, or if 50% or more of the Company’s consolidated assets or earning power are sold, then the right will entitle its holder to buy common shares of the acquiring entity having a market value equal to two times the then-current exercise price of the right. The Company’s Board of Directors may exchange or redeem the rights under certain conditions.

Line of Credit

Line of Credit	12 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Line of Credit	Note L — Line of Credit In September 2015, the Company renewed a line of credit agreement. The line is with a financial institution to provide a revolving credit facility with borrowing capacity of up to $10 million. Borrowings under this agreement, as amended, bear interest, at the Company’s option, at a fixed LIBOR-based rate plus 1.50% or at a fluctuating rate determined by the financial institution to be 1.50% above the daily one-month LIBOR rate. The loan covenants require the Company to maintain the current assets to liabilities ratio of at least 1.25:1, debt to tangible net worth not greater than 1.25:1 and have positive net income. There were no outstanding revolving loans as of March 31, 2016, but letters of credit in the aggregate amount of $4.5 million have been issued separate from the line of credit and therefore do not reduce the amount of borrowings available under the revolving credit facility. The credit agreement expires in September 2016.

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)	12 Months Ended
	Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results (Unaudited)	Note M — Quarterly Results (Unaudited) The following is a summary of unaudited quarterly results of operations for each of the quarters in the two fiscal years ended March 31, 2015 and 2016: Revenues Gross Profit Net Income Net Income Net Income Fiscal Year Ended March 31, 2015: First Quarter $ 124,364,000 $ 27,700,000 $ 8,299,000 $ 0.40 $ 0.39 Second Quarter 123,714,000 25,467,000 7,883,000 0.38 0.37 Third Quarter 122,352,000 24,128,000 6,832,000 0.33 0.33 Fourth Quarter 122,195,000 22,674,000 5,576,000 0.27 0.27 Fiscal Year Ended March 31, 2016: First Quarter $ 126,939,000 $ 26,183,000 $ 6,900,000 $ 0.34 $ 0.34 Second Quarter 124,460,000 26,684,000 8,267,000 0.42 0.41 Third Quarter 123,891,000 25,232,000 6,691,000 0.34 0.34 Fourth Quarter 128,294,000 26,445,000 6,667,000 0.34 0.34

Segment Reporting

Segment Reporting	12 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Note N — Segment Reporting The Company derives the majority of its revenues from providing patient management and network solutions services to payors of workers’ compensation benefits, automobile insurance claims and health insurance benefits. Patient management services include claims administration, utilization review, medical case management, and vocational rehabilitation. Network solutions revenues include fee schedule auditing, hospital bill auditing, coordination of independent medical examinations, diagnostic imaging review services and preferred provider referral services. The percentages of revenues attributable to patient management and network solutions services for the fiscal years ended March 31, 2014, 2015, and 2016 are listed below. 2014 2015 2016 Patient management services 51.9 % 54.5 % 55.1 % Network solutions services 48.1 % 45.5 % 44.9 % 100.0 % 100.0 % 100.0 % The Company’s management is structured geographically with regional vice-presidents who report to the Chief Executive Officer of the Company. Each of these regional vice-presidents is responsible for all services provided by the Company in his or her particular region and responsible for the operating results of the Company in multiple states. These regional vice-presidents have area and district managers who are also responsible for all services provided by the Company in their given area and district. Under FASB ASC 280-10, two or more operating segments may be aggregated into a single operating segment for financial reporting purposes if aggregation is consistent with the objective and basic principles, if the segments have similar economic characteristics, and if the segments are similar in each of the following areas: 1) the nature of products and services; 2) the nature of the production processes; 3) the type or class of customer for their products and services; and 4) the methods used to distribute their products or provide their services. The Company believes each of the Company’s regions meet these criteria as they provide similar managed care services to similar customers using similar methods of productions and similar methods to distribute their services. All of the Company’s regions perform both patient management and network solutions services. Because the Company believes it meets each of the criteria set forth above and each of the Company’s regions has similar economic characteristics, the Company aggregates its results of operations in one reportable operating segment.

Other Intangible Assets

Other Intangible Assets	12 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets	Note O — Other Intangible Assets Other intangible assets consist of the following at March 31, 2015: Item Life Cost Fiscal 2015 Accumulated Cost, Net of Covenant Not to Compete 5 years $ 775,000 $ 20,000 $ 762,000 $ 13,000 Customer relationships 18-20 years 7,922,000 423,000 3,299,000 4,623,000 TPA Licenses 15 years 204,000 14,000 104,000 100,000 Total $ 8,901,000 $ 457,000 $ 4,165,000 $ 4,736,000 Other intangible assets consist of the following at March 31, 2016: Item Life Cost Fiscal 2016 Accumulated Cost, Net of Covenant Not to Compete 5 years $ 775,000 $ 13,000 $ 775,000 $ — Customer Relationships 18-20 years 7,922,000 423,000 3,721,000 4,201,000 TPA Licenses 15 years 204,000 14,000 118,000 86,000 Total $ 8,901,000 $ 450,000 $ 4,614,000 $ 4,287,000 Amortization expense for the next five fiscal years is expected to be $437,000 in fiscal 2017, $437,000 in fiscal 2018, $437,000 in fiscal 2019, $437,000 in fiscal 2020, $437,000 in fiscal 2021, and $2,110,000 thereafter.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Organization	Organization: The Company evaluated all subsequent events or transactions through the date of this filing. During the period subsequent to March 31, 2016, through the date of filing this report, the Company repurchased 26,555 shares of common stock for $1.1 million or an average of $42.71 per share. These shares were repurchased under the Company’s ongoing share repurchase program described in Note G.
Basis of Presentation	Basis of Presentation:
Use of Estimates	Use of Estimates:
Cash and Cash Equivalents	Cash and Cash Equivalents:
Fair Value of Financial Instruments	Fair Value of Financial Instruments: Level 1 Level 2 Level 3 The carrying amount of the Company’s financial instruments (i.e. cash, accounts receivable, accounts payable, etc.) are all Level 1 and approximate their fair values at March 31, 2015 and 2016 due to the short-term nature of those instruments. The Company has no Level 2 or Level 3 assets.
Investment in Private Equity	Investment in Private Equity:
Revenue Recognition	Revenue Recognition: Management evaluates agreements with customers in accordance with the provision of the revenue recognition topic that addresses multiple-deliverable revenue arrangements. The multiple-deliverable arrangements entered into consist of bundled managed care which included various units of accounting such as network solutions, and patient management which includes claims administration. Such elements are considered separate units of accounting due to each element having value to the customer on a stand-alone basis. The selling price for each unit of accounting is determined using contract price and management estimates. When the Company’s customers purchase several products the pricing of the products sold is generally the same as if the product were sold on an individual basis. Revenue is recognized as the work is performed in accordance with our customer contracts. Based upon the nature of the Company’s products, bundled managed care elements are generally delivered in the same accounting period. The Company recognizes revenue for patient management claims administration services over the life of the claim. The Company estimates, based upon prior experience in managing claims, the deferral amount from when the claim is received to when the customer contract expires.
Accounts Receivable	Accounts Receivable:
Concentrations of Credit Risk	Concentrations of Credit Risk:
Property and Equipment	Property and Equipment: Asset Classification Estimated Useful Life Leasehold Improvements Shorter of five years or the life of lease Furniture and Equipment Five to seven years Computer Hardware Two to five years Computer Software Three to five years The Company accounts for internally developed software costs in accordance with ASC 350-40, “Internal — Use Software”. Capitalized software development costs, intended for internal use, totaled $21,327,000 (net of $61,012,000 in accumulated amortization) and $25,140,000 (net of $69,644,000 in accumulated amortization), as of March 31, 2015 and 2016, respectively. These costs are included in computer software in property and equipment and are amortized over a period of five years.
Long-Lived Assets	Long-Lived Assets:
Goodwill and Long-Lived Assets	Goodwill and Long-Lived Assets:
Cost of Revenues	Cost of revenues:
Income Taxes	Income Taxes
Share-Based Compensation	Share-Based Compensation:
Accrual for Self-insurance Costs	Accrual for Self-insurance Costs:
Earnings Per Share	Earnings Per Share The difference between the basic shares and the diluted shares for each of the three fiscal years ended March 31, 2014, 2015, and 2016 is as follows: Fiscal 2014 Fiscal 2015 Fiscal 2016 Basic weighted shares 21,104,000 20,669,000 19,826,000 Treasury stock impact of stock options 268,000 221,000 178,000 Diluted weighted shares 21,372,000 20,890,000 20,004,000
Recently Issued Accounting Standards	Recently Issued Accounting Standards On May 28, 2014, the FASB issued ASU 2014-09 regarding ASC Topic 606, Revenue from Contracts with Customers On November 20, 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes st In January 2016, the FASB issued ASU 2016-01 regarding Subtopic 825-10, Financials Instruments — Overall: Recognition and Measurements of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU No. 2016-02, Leases In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Schedule of Estimated Economic Useful Lives of Property and Equipment	The Company provides for depreciation on property and equipment using the straight-line method by charges to operations in amounts that allocate the cost of depreciable assets over their estimated lives as follows: Asset Classification Estimated Useful Life Leasehold Improvements Shorter of five years or the life of lease Furniture and Equipment Five to seven years Computer Hardware Two to five years Computer Software Three to five years
Schedule of Earnings Per Share Basic and Diluted	The difference between the basic shares and the diluted shares for each of the three fiscal years ended March 31, 2014, 2015, and 2016 is as follows: Fiscal 2014 Fiscal 2015 Fiscal 2016 Basic weighted shares 21,104,000 20,669,000 19,826,000 Treasury stock impact of stock options 268,000 221,000 178,000 Diluted weighted shares 21,372,000 20,890,000 20,004,000

Stock Options and Stock-Based24

Stock Options and Stock-Based Compensation (Tables)	12 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted Average Assumptions	The following weighted average assumptions were used for fiscal years ended March 31, 2014, 2015 and 2016: Fiscal 2014 Fiscal 2015 Fiscal 2016 Expected volatility 47% 45% 43% Risk free interest rate 0.7% to 1.5% 1.3% to 1.7% 1.25% to 1.65% Dividend yield 0.0% 0.0% 0.0% Weighted average option life 4.4 to 4.5 years 4.4 to 4.5 years 4.4 to 4.5 years
Stock Compensation Expense for Time Based Options and Performance Based Options	The table below shows the amounts recognized in the financial statements for the fiscal years ended March 31, 2014, 2015 and 2016. Fiscal 2014 Fiscal 2015 Fiscal 2016 Cost of revenue $ 672,000 $ 1,021,000 $ 1,288,000 General and administrative 1,468,000 1,188,000 904,000 Total cost of stock-based compensation included in income before income tax 2,140,000 2,209,000 2,192,000 Amount of income tax benefit recognized 835,000 862,000 852,000 Amount charged to net income $ 1,305,000 $ 1,347,000 $ 1,340,000 Effect on basic earnings per share $ 0.06 $ 0.07 $ 0.07 Effect on diluted earnings per share $ 0.06 $ 0.06 $ 0.07
Stock Options	Summarized information for all stock options for the past three fiscal years follows: Fiscal 2014 Fiscal 2015 Fiscal 2016 Options outstanding – beginning of the year 1,100,952 1,115,984 1,163,179 Options granted 441,550 241,625 276,275 Options exercised (310,729 ) (111,758 ) (200,753 ) Options cancelled/forfeited (115,789 ) (82,672 ) (123,236 ) Options outstanding – end of year 1,115,984 1,163,179 1,115,465 During the year, weighted average exercise price of: Options granted $ 33.06 $ 37.64 $ 35.51 Options exercised $ 15.31 $ 17.27 $ 19.75 Options cancelled/forfeited $ 23.33 $ 32.31 $ 33.44 At the end of the year: Price range of outstanding options $ 7.78-$45.55 $ 7.78-$45.55 $ 9.05-$45.55 Weighted average exercise price per share $ 24.80 $ 27.65 $ 30.36 Options available for future grants 959,295 800,342 650,345 Exercisable options 430,294 559,168 529,691
Stock Options Outstanding and Exercisable	The following table summarizes the status of stock options outstanding and exercisable at March 31, 2016: Range of Exercise Prices Number of Weighted Outstanding Exercisable Exercisable $9.05 to $23.10 394,458 2.74 $ 19.94 326,460 $ 19.34 $23.11 to $34.78 456,246 3.72 32.70 117,986 27.71 $34.79 to $44.86 209,039 3.75 40.88 56,191 40.98 $44.87 to $45.55 55,722 2.85 45.55 29,054 45.55 Total 1,115,465 3.33 $ 30.36 529,691 $ 24.93
Outstanding Options	A summary of the status for all outstanding options at March 31, 2016, and changes during the fiscal year then ended is presented in the table below: Number of Weighted Weighted Average Aggregate Options outstanding, March 31, 2015 1,163,179 $ 27.65 Granted 276,275 35.51 Exercised (200,753 ) 19.75 Cancelled – forfeited (115,300 ) 33.79 Cancelled – expired (7,936 ) 30.10 Options outstanding, March 31, 2016 1,115,465 $ 30.36 3.33 $ 10,862,335 Options vested and expected to vest 984,006 $ 29.63 3.21 $ 10,337,930 Ending exercisable 529,691 $ 24.93 2.66 $ 7,969,066

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment, Net	Property and equipment, net consisted of the following at March 31, 2015 and 2016: 2015 2016 Computer software $ 101,955,000 $ 114,883,000 Office equipment and computers 64,462,000 60,061,000 Leasehold improvements 8,594,000 9,060,000 175,011,000 184,004,000 Less: accumulated depreciation and amortization (118,712,000 ) (130,736,000 ) $ 56,299,000 $ 53,268,000

Accounts and Taxes Payable an26

Accounts and Taxes Payable and Accrued Liabilities (Tables)	12 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Accounts and Income Taxes Payable , Accrued Liabilities	Accounts and income taxes payable consisted of the following at March 31, 2015 and 2016: 2015 2016 Accounts payable $ 13,578,000 $ 11,191,000 Income taxes payable and uncertain tax positions 2,192,000 2,042,000 $ 15,770,000 $ 13,233,000 Accrued liabilities consisted of the following at March 31, 2015 and 2016: 2015 2016 Payroll, payroll taxes and employee benefits $ 17,774,000 $ 18,003,000 Customer deposits 17,760,000 25,649,000 Accrued professional service fees 5,308,000 4,692,000 Self-insurance accruals 3,305,000 3,095,000 Deferred revenue 7,294,000 7,821,000 Accrued rent 5,608,000 4,907,000 Other 1,269,000 3,015,000 $ 58,318,000 $ 67,182,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Summary of Income Tax Provision	The income tax provision consisted of the following for the three fiscal years ended March 31, 2014, 2015 and 2016: 2014 2015 2016 Current – Federal $ 21,978,000 $ 16,534,000 $ 16,600,000 Current – State 2,656,000 136,000 2,591,000 Subtotal 24,634,000 16,670,000 19,191,000 Deferred – Federal (2,367,000 ) 312,000 (1,679,000 ) Deferred – State (152,000 ) (8,000 ) 23,000 Subtotal (2,519,000 ) 304,000 (1,656,000 ) $ 22,115,000 $ 16,974,000 $ 17,535,000
Summary of Reconciliation Income Tax Provision from the Statutory Federal Income Tax Rate	The following is a reconciliation of the income tax provision from the statutory federal income tax rate to the effective rate for the three fiscal years ended March 31, 2014, 2015 and 2016: 2014 2015 2016 Income taxes at federal statutory rate (35%) $ 20,633,000 $ 15,947,000 $ 16,121,000 State income taxes, net of federal benefit 1,826,000 1,535,000 1,704,000 Uncertain tax positions (245,000 ) 1,346,000 78,000 Adjustments to returns as filed (293,000 ) (1,978,000 ) (232,000 ) Other 194,000 124,000 (136,000 ) $ 22,115,000 $ 16,974,000 $ 17,535,000
Summary of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities at March 31, 2015 and 2016 are: 2015 2016 Deferred income tax assets: Accrued liabilities not currently deductible $ 7,547,000 $ 9,656,000 Allowance for doubtful accounts 631,000 696,000 Stock-based compensation 1,044,000 1,245,000 Accrued rent 2,152,000 1,875,000 Other 830,000 762,000 Deferred assets 12,204,000 14,234,000 Deferred income tax liabilities: Excess of book over tax basis of fixed assets (15,985,000 ) (16,151,000 ) Intangible assets (5,217,000 ) (5,555,000 ) Other (564,000 ) (434,000 ) Deferred liabilities (21,766,000 ) (22,140,000 ) Net deferred tax liability $ (9,562,000 ) $ (7,906,000 )
Reconciliation of the Financial Statement Recognition and Measurement of Unrecognized Tax Positions During the Current Fiscal Year	A reconciliation of the financial statement recognition and measurement of unrecognized tax positions during the current fiscal year is as follows: Balance as of March 31, 2015 $ 1,989,000 Additions based on tax positions related to the current year 337,000 Additions for tax positions of prior years — Reductions for tax positions related to the current year (229,000 ) Reductions for tax positions of prior years (267,000 ) Balance as of March 31, 2016 $ 1,830,000

Employee Stock Purchase Plan (T

Employee Stock Purchase Plan (Tables)	12 Months Ended
	Mar. 31, 2016
Text Block [Abstract]
Summary of Employee Stock Purchase Plan	Summarized ESPP information is as follows: 2014 2015 2016 Employee contributions $ 346,000 $ 400,000 $ 371,000 Shares acquired 8,489 12,299 10,975 Average purchase price $ 40.71 $ 32.52 $ 33.81

Treasury Stock (Tables)

Treasury Stock (Tables)	12 Months Ended
	Mar. 31, 2016
Equity [Abstract]
Summary of Share Repurchases and Cumulatively Since Inception of Authorization	The share repurchases for fiscal years ended March 31, 2014, 2015 and 2016 and cumulatively since inception of the authorization are as follows: 2014 2015 2016 Cumulative Shares repurchased 830,460 845,014 893,771 33,886,000 Cost $ 27,179,000 $ 31,798,000 $ 31,525,000 $ 391,803,000 Average price $ 32.73 $ 37.63 $ 35.27 $ 11.56

Quarterly Results (Unaudited) (

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Mar. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Summary of Unaudited Quarterly Results of Operations	The following is a summary of unaudited quarterly results of operations for each of the quarters in the two fiscal years ended March 31, 2015 and 2016: Revenues Gross Profit Net Income Net Income Net Income Fiscal Year Ended March 31, 2015: First Quarter $ 124,364,000 $ 27,700,000 $ 8,299,000 $ 0.40 $ 0.39 Second Quarter 123,714,000 25,467,000 7,883,000 0.38 0.37 Third Quarter 122,352,000 24,128,000 6,832,000 0.33 0.33 Fourth Quarter 122,195,000 22,674,000 5,576,000 0.27 0.27 Fiscal Year Ended March 31, 2016: First Quarter $ 126,939,000 $ 26,183,000 $ 6,900,000 $ 0.34 $ 0.34 Second Quarter 124,460,000 26,684,000 8,267,000 0.42 0.41 Third Quarter 123,891,000 25,232,000 6,691,000 0.34 0.34 Fourth Quarter 128,294,000 26,445,000 6,667,000 0.34 0.34

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Percentages of Revenues Attributable to Patient Management and Network Solutions Services	The percentages of revenues attributable to patient management and network solutions services for the fiscal years ended March 31, 2014, 2015, and 2016 are listed below. 2014 2015 2016 Patient management services 51.9 % 54.5 % 55.1 % Network solutions services 48.1 % 45.5 % 44.9 % 100.0 % 100.0 % 100.0 %

Other Intangible Assets (Tables

Other Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangible Assets	Other intangible assets consist of the following at March 31, 2015: Item Life Cost Fiscal 2015 Accumulated Cost, Net of Covenant Not to Compete 5 years $ 775,000 $ 20,000 $ 762,000 $ 13,000 Customer relationships 18-20 years 7,922,000 423,000 3,299,000 4,623,000 TPA Licenses 15 years 204,000 14,000 104,000 100,000 Total $ 8,901,000 $ 457,000 $ 4,165,000 $ 4,736,000 Other intangible assets consist of the following at March 31, 2016: Item Life Cost Fiscal 2016 Accumulated Cost, Net of Covenant Not to Compete 5 years $ 775,000 $ 13,000 $ 775,000 $ — Customer Relationships 18-20 years 7,922,000 423,000 3,721,000 4,201,000 TPA Licenses 15 years 204,000 14,000 118,000 86,000 Total $ 8,901,000 $ 450,000 $ 4,614,000 $ 4,287,000

Summary of Significant Accoun33

Summary of Significant Accounting Policies - Additional Information (Detail)	Jun. 10, 2016USD ($)$ / sharesshares	Jun. 30, 2015USD ($)	Mar. 31, 2016USD ($)Customer$ / sharesshares	Mar. 31, 2015USD ($)Customer$ / sharesshares	Mar. 31, 2014USD ($)Customer$ / sharesshares	Jun. 30, 2014USD ($)
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Number of shares of common stock repurchased | shares			893,771	845,014	830,460
Treasury Stock, Value, Acquired, Cost Method			$ 31,525,000	$ 31,798,000	$ 27,179,000
Average price per share of common stock | $ / shares			$ 35.27	$ 37.63	$ 32.73
Maturities of short term investment interest-bearing securities			90 days
Investment in private equity			$ 600,000	$ 1,400,000	$ 0
Accounts receivable due period			30 days
Unbilled account receivables			$ 12,066,000	12,357,000
Capitalized software development costs			25,140,000	21,327,000
Accumulated amortization of software development costs			69,644,000	61,012,000
Impairment of goodwill, intangible assets or other long-lived assets			0
Goodwill			36,814,000	36,814,000
Accumulated amortization of goodwill			2,069,000	2,069,000
Non-current deferred tax liabilities			7,906,000	9,562,000
Private Equity Funds [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Investments approved by Board of Director's						$ 2,000,000
Investment in private equity		$ 600,000		$ 1,400,000
Impairment recorded on investment			$ 0
Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Maximum customer risk percentage			10.00%	10.00%	10.00%
Number of customer | Customer			0	0	0
Credit Concentration Risk [Member] | Accounts Receivable [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Maximum customer risk percentage			10.00%	10.00%
Number of customer | Customer			0	0
Fair Value, Inputs, Level 2 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Transfer of assets				$ 0
Fair Value, Inputs, Level 3 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Transfer of assets			$ 0
ASU 2015-17 [Member] | New Accounting Pronouncement, Early Adoption, Effect [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Current deferred tax assets			(7,181,000)
Non-current deferred tax liabilities			$ (7,181,000)
Subsequent Event [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Number of shares of common stock repurchased | shares	26,555
Treasury Stock, Value, Acquired, Cost Method	$ 1,100,000
Average price per share of common stock | $ / shares	$ 42.71
Computer Software Property and Equipment [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Amortization period of computer software			5 years

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Schedule of Estimated Economic Useful Lives of Property and Equipment (Detail)	12 Months Ended
	Mar. 31, 2016
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property and equipment	Shorter of five years or the life of lease
Furniture and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of property and equipment	5 years
Furniture and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of property and equipment	7 years
Computer Hardware [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of property and equipment	2 years
Computer Hardware [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of property and equipment	5 years
Computer Software Property and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of property and equipment	3 years
Computer Software Property and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life of property and equipment	5 years

Summary of Significant Accoun35

Summary of Significant Accounting Policies - Schedule of Earnings Per Share Basic and Diluted (Detail) - shares	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Basic weighted shares	19,826,000	20,669,000	21,104,000
Treasury stock impact of stock options	178,000	221,000	268,000
Diluted weighted shares	20,004,000	20,890,000	21,372,000

Stock Options and Stock-Based36

Stock Options and Stock-Based Compensation - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-statutory stock options expiration period	5 years
Options expected forfeiture rate, percentage	12.20%
Weighted-average grant-date fair value of options granted	$ 13.68	$ 15	$ 13.96
Total intrinsic value of options exercised	$ 3,581,000	$ 2,455,000	$ 7,726,000
Cash received from exercise of stock options	3,749,000	1,603,000	3,386,000
Unrecognized compensation costs related to stock options	$ 4,425,000
Weighted average period to recognized compensation cost	3 years
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-statutory stock options expiration period	10 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock grants	19,365,000
Non-statutory stock options vesting period	36 months
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-statutory stock options vesting period	1 year
Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Percentage	25.00%
Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting Percentage	75.00%
Time Based Options And Performance Based Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 2,192,000	2,209,000	2,140,000
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 28,000	$ 211,000	$ 630,000

Stock Options and Stock-Based37

Stock Options and Stock-Based Compensation - Weighted Average Assumptions (Detail)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	43.00%	45.00%	47.00%
Risk free interest rate, Minimum	1.25%	1.30%	0.70%
Risk free interest rate, Maximum	1.65%	1.70%	1.50%
Dividend yield	0.00%	0.00%	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average option life	4 years 4 months 24 days	4 years 4 months 24 days	4 years 4 months 24 days
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average option life	4 years 6 months	4 years 6 months	4 years 6 months

Stock Options and Stock-Based38

Stock Options and Stock-Based Compensation - Stock Compensation Expense for Time Based Options and Performance Based Options (Detail) - USD ($)	3 Months Ended								12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Effect on basic earnings per share	$ 0.34	$ 0.34	$ 0.42	$ 0.34	$ 0.27	$ 0.33	$ 0.38	$ 0.40	$ 1.44	$ 1.38	$ 1.63
Effect on diluted earnings per share	$ 0.34	$ 0.34	$ 0.41	$ 0.34	$ 0.27	$ 0.33	$ 0.37	$ 0.39	$ 1.43	$ 1.37	$ 1.61
Time Based Options And Performance Based Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total cost of stock-based compensation included in income before income tax									$ 2,192,000	$ 2,209,000	$ 2,140,000
Amount of income tax benefit recognized									852,000	862,000	835,000
Amount charged to net income									$ 1,340,000	$ 1,347,000	$ 1,305,000
Effect on basic earnings per share									$ 0.07	$ 0.07	$ 0.06
Effect on diluted earnings per share									$ 0.07	$ 0.06	$ 0.06
Time Based Options And Performance Based Options [Member] | Cost of Revenue [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total cost of stock-based compensation included in income before income tax									$ 1,288,000	$ 1,021,000	$ 672,000
Time Based Options And Performance Based Options [Member] | General and Administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total cost of stock-based compensation included in income before income tax									$ 904,000	$ 1,188,000	$ 1,468,000

Stock Options and Stock-Based39

Stock Options and Stock-Based Compensation - Stock Options (Detail) - $ / shares	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding, beginning balance	1,163,179	1,115,984	1,100,952
Options granted, Shares	276,275	241,625	441,550
Options exercised, Shares	(200,753)	(111,758)	(310,729)
Options cancelled /forfeited , Shares	(123,236)	(82,672)	(115,789)
Options outstanding, ending balance	1,115,465	1,163,179	1,115,984
Options granted, weighted average exercise price	$ 35.51	$ 37.64	$ 33.06
Options exercised, weighted average exercise price	19.75	17.27	15.31
Options cancelled /forfeited, weighted average exercise price	33.44	32.31	23.33
Weighted average exercise price per share	$ 30.36	$ 27.65	$ 24.80
Options available for future grants	650,345	800,342	959,295
Exercisable options	529,691	559,168	430,294
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price range of outstanding options	$ 45.55	$ 45.55	$ 45.55
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price range of outstanding options	$ 9.05	$ 7.78	$ 7.78

Stock Based Compensation and St

Stock Based Compensation and Stock Options - Stock Options Outstanding and Exercisable (Detail) - $ / shares	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of Outstanding Options	1,115,465	1,163,179	1,115,984	1,100,952
Weighted Average Remaining Contractual Life	3 years 3 months 29 days
Outstanding Options - Weighted Average Exercise Price	$ 30.36	$ 27.65	$ 24.80
Exercisable Options - Number of Exercisable Options	529,691
Exercisable Options - Weighted Average Exercise Price	$ 24.93
Range of Exercise Price, $9.05 to $23.10 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, lower limit	9.05
Range of Exercise Price, upper limit	$ 23.10
Number of Outstanding Options	394,458
Weighted Average Remaining Contractual Life	2 years 8 months 27 days
Outstanding Options - Weighted Average Exercise Price	$ 19.94
Exercisable Options - Number of Exercisable Options	326,460
Exercisable Options - Weighted Average Exercise Price	$ 19.34
Range of Exercise Price, $23.11 to $34.78 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, lower limit	23.11
Range of Exercise Price, upper limit	$ 34.78
Number of Outstanding Options	456,246
Weighted Average Remaining Contractual Life	3 years 8 months 19 days
Outstanding Options - Weighted Average Exercise Price	$ 32.70
Exercisable Options - Number of Exercisable Options	117,986
Exercisable Options - Weighted Average Exercise Price	$ 27.71
Range of Exercise Price, $34.79 to $44.86 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, lower limit	34.79
Range of Exercise Price, upper limit	$ 44.86
Number of Outstanding Options	209,039
Weighted Average Remaining Contractual Life	3 years 9 months
Outstanding Options - Weighted Average Exercise Price	$ 40.88
Exercisable Options - Number of Exercisable Options	56,191
Exercisable Options - Weighted Average Exercise Price	$ 40.98
Range of Exercise Price, $44.87 to $45.55 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Price, lower limit	44.87
Range of Exercise Price, upper limit	$ 45.55
Number of Outstanding Options	55,722
Weighted Average Remaining Contractual Life	2 years 10 months 6 days
Outstanding Options - Weighted Average Exercise Price	$ 45.55
Exercisable Options - Number of Exercisable Options	29,054
Exercisable Options - Weighted Average Exercise Price	$ 45.55

Stock Based Compensation and 41

Stock Based Compensation and Stock Options - Outstanding Options (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options outstanding, beginning balance	1,163,179	1,115,984	1,100,952
Granted, Number of Options	276,275	241,625	441,550
Exercised, Number of Options	(200,753)	(111,758)	(310,729)
Cancelled - forfeited, Number of Options	(115,300)
Cancelled - expired, Number of Options	(7,936)
Options outstanding, ending balance	1,115,465	1,163,179	1,115,984
Options vested and expected to vest, Number of Options	984,006
Ending exercisable, Number of Options	529,691
Options outstanding, Weighted Average Exercise per Share, beginning balance	$ 27.65	$ 24.80
Granted, Weighted Average Exercise Price per Share	35.51	37.64	$ 33.06
Exercised, Weighted Average Exercise Price per Share	19.75	17.27	15.31
Cancelled - forfeited, Weighted Average Exercise Price per Share	33.79
Cancelled - expired, Weighted Average Exercise Price per Share	30.10
Option outstanding, Weighted Average Exercise per Share, ending balance	30.36	$ 27.65	$ 24.80
Options vested and expected to vest, Weighted Average Exercise Price per Share	29.63
Ending exercisable, Weighted Average Exercise Price per Share	$ 24.93
Option outstanding, Weighted Average Remaining Contractual Life (Years)	3 years 3 months 29 days
Options vested and expected to vest, Weighted Average Remaining Contractual Life (Years)	3 years 2 months 16 days
Ending exercisable, Weighted Average Remaining Contractual Life (Years)	2 years 7 months 28 days
Option outstanding, Aggregate Intrinsic Value	$ 10,862,335
Options vested and expected to vest, Aggregate Intrinsic Value	10,337,930
Ending exercisable, Aggregate Intrinsic Value	$ 7,969,066

Property and Equipment - Proper

Property and Equipment - Property and Equipment, Net (Detail) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 184,004,000	$ 175,011,000
Less: accumulated depreciation and amortization	(130,736,000)	(118,712,000)
Property and equipment, net	53,268,000	56,299,000
Computer Software Property and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	114,883,000	101,955,000
Office Equipment And Computers [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	60,061,000	64,462,000
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 9,060,000	$ 8,594,000

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 19,502,000	$ 17,538,000

Accounts and Taxes Payable an44

Accounts and Taxes Payable and Accrued Liabilities - Accounts and Income Taxes Payable (Detail) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Payables and Accruals [Abstract]
Accounts payable	$ 11,191,000	$ 13,578,000
Income taxes payable and uncertain tax positions	2,042,000	2,192,000
Accounts and taxes payable	$ 13,233,000	$ 15,770,000

Accounts and Taxes Payable an45

Accounts and Taxes Payable and Accrued Liabilities - Accrued Liabilities (Detail) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Payables and Accruals [Abstract]
Payroll, payroll taxes and employee benefits	$ 18,003,000	$ 17,774,000
Customer deposits	25,649,000	17,760,000
Accrued professional service fees	4,692,000	5,308,000
Self-insurance accruals	3,095,000	3,305,000
Deferred revenue	7,821,000	7,294,000
Accrued rent	4,907,000	5,608,000
Other	3,015,000	1,269,000
Total Accrued Liabilities	$ 67,182,000	$ 58,318,000

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Provision (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Current - Federal	$ 16,600,000	$ 16,534,000	$ 21,978,000
Current - State	2,591,000	136,000	2,656,000
Subtotal	19,191,000	16,670,000	24,634,000
Deferred - Federal	(1,679,000)	312,000	(2,367,000)
Deferred - State	23,000	(8,000)	(152,000)
Subtotal	(1,656,000)	304,000	(2,519,000)
Total	$ 17,535,000	$ 16,974,000	$ 22,115,000

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation Income Tax Provision from the Statutory Federal Income Tax Rate (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Income taxes at federal statutory rate (35%)	$ 16,121,000	$ 15,947,000	$ 20,633,000
State income taxes, net of federal benefit	1,704,000	1,535,000	1,826,000
Uncertain tax positions	78,000	1,346,000	(245,000)
Adjustments to returns as filed	(232,000)	(1,978,000)	(293,000)
Other	(136,000)	124,000	194,000
Total	$ 17,535,000	$ 16,974,000	$ 22,115,000

Income Taxes - Summary of Rec48

Income Taxes - Summary of Reconciliation Income Tax Provision from the Statutory Federal Income Tax Rate (Parenthetical) (Detail)	12 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Federal statutory tax rate	35.00%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Income taxes paid	$ 13,589,000	$ 19,528,000	$ 20,791,000
Prepaid expenses and taxes	301,000	5,758,000
Recognizes interest and penalties related to uncertain tax positions	72,000	57,000	(173,000)
Accrued interest and penalties related to uncertain tax positions	$ 212,000	$ 140,000	$ 83,000

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Tax Assets and Liabilities (Detail) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Deferred income tax assets:
Accrued liabilities not currently deductible	$ 9,656,000	$ 7,547,000
Allowance for doubtful accounts	696,000	631,000
Stock-based compensation	1,245,000	1,044,000
Accrued rent	1,875,000	2,152,000
Other	762,000	830,000
Deferred assets	14,234,000	12,204,000
Deferred income tax liabilities:
Excess of book over tax basis of fixed assets	(16,151,000)	(15,985,000)
Intangible assets	(5,555,000)	(5,217,000)
Other	(434,000)	(564,000)
Deferred liabilities	(22,140,000)	(21,766,000)
Net deferred tax liability	$ (7,906,000)	$ (9,562,000)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of the Financial Statement Recognition and Measurement of Unrecognized Tax Positions During the Current Fiscal Year (Detail)	3 Months Ended
	Mar. 31, 2016USD ($)
Income Tax Disclosure [Abstract]
Balance as of March 31, 2015	$ 1,989,000
Additions based on tax positions related to the current year	337,000
Additions for tax positions of prior years	0
Reductions for tax positions related to the current year	(229,000)
Reductions for tax positions of prior years	(267,000)
Balance as of March 31, 2016	$ 1,830,000

Employee Stock Purchase Plan -

Employee Stock Purchase Plan - Additional Information (Detail) - shares	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Employee Stock Purchase Plan [Line Items]
Percentage of employees contribution of their gross pay	20.00%
Shares issued pursuant to ESPP	2,450,271
Employee Stock Purchase Plan [Member]
Employee Stock Purchase Plan [Line Items]
Percentage as purchase price of closing sale price of shares	95.00%
Maximum shares authorized for issuance under the ESPP	2,850,000
Shares issued pursuant to ESPP	10,975	12,299	8,489

Employee Stock Purchase Plan 53

Employee Stock Purchase Plan - Summary of Employee Stock Purchase Plan (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Employee Stock Purchase Plan [Line Items]
Employee contributions	$ 371,000	$ 400,000	$ 346,000
Shares acquired	2,450,271
Employee Stock Purchase Plan [Member]
Employee Stock Purchase Plan [Line Items]
Shares acquired	10,975	12,299	8,489
Average purchase price	$ 33.81	$ 32.52	$ 40.71

Treasury Stock - Additional Inf

Treasury Stock - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014	Nov. 30, 2015
Class of Stock [Line Items]
Common stock repurchased shares	893,771	845,014	830,460
Purchase of treasury stock	$ 31,525,000	$ 31,798,000	$ 27,179,000
Average price	$ 35.27	$ 37.63	$ 32.73
Minimum [Member]
Class of Stock [Line Items]
Number of shares of common stock authorized to be repurchased				1,000,000
Maximum [Member]
Class of Stock [Line Items]
Number of shares of common stock authorized to be repurchased				35,000,000

Treasury Stock - Summary of Sha

Treasury Stock - Summary of Share Repurchases and Cumulatively Since Inception of Authorization (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Equity [Abstract]
Shares repurchased	893,771	845,014	830,460
Cost	$ 31,525,000	$ 31,798,000	$ 27,179,000
Average price	$ 35.27	$ 37.63	$ 32.73
Shares repurchased, Cumulative	33,886,259	32,992,488
Cost, Cumulative	$ 391,803,000	$ 360,278,000
Average price, Cumulative	$ 11.56

Commitments - Additional Inform

Commitments - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
2,017	$ 13,458,000
2,018	10,335,000
2,019	7,553,000
2,020	5,363,000
2,021	4,317,000
Thereafter	5,211,000
Aggregate	46,237,000
Total rental expense	$ 14,405,000	$ 15,297,000	$ 13,890,000

Retirement Savings Plan - Addit

Retirement Savings Plan - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Employer contribution	$ 392,000	$ 443,000	$ 338,000

Shareholder Rights Plan - Addit

Shareholder Rights Plan - Additional Information (Detail)	12 Months Ended
	Mar. 31, 2016$ / shares
Equity [Abstract]
Shareholder rights exercise price	$ 118
Shareholder rights expiration date	Feb. 10, 2022
Shareholder Rights Plan, description of acquired entity	Shareholder Rights Plan provides that if a person or group acquires 15% or more of the Company's common stock
Shareholder Rights Plan, percentage of acquired entity	15.00%
Shareholder Rights Plan, description of merged entity	Company is thereafter merged into another entity, or if 50% or more of the Company's consolidated assets or earning power are sold, then the right will entitle its holder to buy common shares of the acquiring entity having a market value equal to two times the then-current exercise price of the right.
Shareholder Rights Plan, percentage of merged entity	50.00%

Line of Credit - Additional Inf

Line of Credit - Additional Information (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Sep. 30, 2015	Mar. 31, 2016
Line of Credit Facility [Line Items]
Loan covenants requirements		The loan covenants require the Company to maintain the current assets to liabilities ratio of at least 1.251, debt to tangible net worth not greater than 1.251 and have positive net income.
Current assets to liabilities ratio	125.00%
Debt to tangible net worth	125.00%
Letters of credit in aggregate amount		$ 4,500,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit facility with borrowing capacity	$ 10,000,000
Fluctuating rate determined by financial institution		Fluctuating rate determined by the financial institution to be 1.50% above the daily one-month LIBOR rate.
Outstanding revolving loans		$ 0
Renewed credit agreement expiration period		2016-09
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Line of Credit Facility [Line Items]
Debt instrument, basis spread on variable rate	1.50%

Quarterly Results (Unaudited) -

Quarterly Results (Unaudited) - Summary of Unaudited Quarterly Results of Operations (Detail) - USD ($)	3 Months Ended								12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 128,294,000	$ 123,891,000	$ 124,460,000	$ 126,939,000	$ 122,195,000	$ 122,352,000	$ 123,714,000	$ 124,364,000	$ 503,584,000	$ 492,625,000	$ 478,816,000
Gross Profit	26,445,000	25,232,000	26,684,000	26,183,000	22,674,000	24,128,000	25,467,000	27,700,000	104,544,000	99,969,000	108,481,000
Net income	$ 6,667,000	$ 6,691,000	$ 8,267,000	$ 6,900,000	$ 5,576,000	$ 6,832,000	$ 7,883,000	$ 8,299,000	$ 28,525,000	$ 28,590,000	$ 34,392,000
Net Income per Basic Common Share	$ 0.34	$ 0.34	$ 0.42	$ 0.34	$ 0.27	$ 0.33	$ 0.38	$ 0.40	$ 1.44	$ 1.38	$ 1.63
Net Income per Diluted Common Share	$ 0.34	$ 0.34	$ 0.41	$ 0.34	$ 0.27	$ 0.33	$ 0.37	$ 0.39	$ 1.43	$ 1.37	$ 1.61

Segment Reporting - Schedule of

Segment Reporting - Schedule of Percentages of Revenues Attributable to Patient Management and Network Solutions Services (Detail) - Product Concentration Risk [Member] - Sales Revenue, Services, Net [Member]	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Revenue, Major Customer [Line Items]
Patient management and network solutions services, revenues	100.00%	100.00%	100.00%
Patient Management Services [Member]
Revenue, Major Customer [Line Items]
Patient management and network solutions services, revenues	55.10%	54.50%	51.90%
Network Solutions Services [Member]
Revenue, Major Customer [Line Items]
Patient management and network solutions services, revenues	44.90%	45.50%	48.10%

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	12 Months Ended
	Mar. 31, 2016Segment
Segment Reporting [Abstract]
Number of reportable segments	1

Other Intangible Assets - Other

Other Intangible Assets - Other Intangible Assets (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Cost	$ 8,901,000	$ 8,901,000
Amortization Expense	450,000	457,000
Accumulated Amortization	4,614,000	4,165,000
Cost, Net of Accumulated Amortization	$ 4,287,000	$ 4,736,000
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Life	5 years	5 years
Cost	$ 775,000	$ 775,000
Amortization Expense	13,000	20,000
Accumulated Amortization	775,000	762,000
Cost, Net of Accumulated Amortization	0	13,000
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Cost	7,922,000	7,922,000
Amortization Expense	423,000	423,000
Accumulated Amortization	3,721,000	3,299,000
Cost, Net of Accumulated Amortization	$ 4,201,000	$ 4,623,000
Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Life	18 years	18 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Life	20 years	20 years
Licensing Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Life	15 years	15 years
Cost	$ 204,000	$ 204,000
Amortization Expense	14,000	14,000
Accumulated Amortization	118,000	104,000
Cost, Net of Accumulated Amortization	$ 86,000	$ 100,000

Other Intangible Assets - Addit

Other Intangible Assets - Additional Information (Detail)	Mar. 31, 2016USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 437,000
2,018	437,000
2,019	437,000
2,020	437,000
2,021	437,000
Thereafter	$ 2,110,000