Ebix, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets

(In thousands, except share amounts)
  September 30, 2015 March 31, 2015

(In thousands, except share and per share amounts)

ASSETS (Unaudited)  
Current assets:    
Cash and cash equivalents $33,200 $27,197
Short-term investments 1,014 $265
Trade accounts receivable, less allowances of $1,049 and $1,157, respectively 47,166 $44,869
Deferred tax asset, net 802 2,021
Other current assets 11,058 8,643
Total current assets 93,240 82,995
Property and equipment, net 33,583 28,121
Goodwill 408,093 399,408
Intangibles, net 49,591 46,875
Indefinite-lived intangibles 30,887 30,887
Deferred tax asset, net 20,563 19,203
Other assets 12522 5739
Total assets $648,479 $613,228
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current liabilities:    
Line of credit    
Accounts payable and accrued liabilities 21,703 18,471
Accrued payroll and related benefits 6,020 4,554
Short term debt    
Revolving line of credit    
Liability – securities litigation settlement    
Contingent liability for accrued earn-out acquisition consideration 1,690 887
Contingent liability – securities litigation    
Current portion of long term debt and capital lease obligation, net of discount of $10 and $13, respectively 607 631
Convertible Debt, short term position    
Put option liability    
Deferred revenue 19,251 22,858
Current deferred rent 311 282
Deferred tax liability, net    
Other current liabilities 98 102
Total current liabilities 49,680 47,785
Revolving line of credit 186,465 135,465
Long term debt and capital lease obligations, less current portion, net of discount of $10 and $38, respectively 41 593
Contingent liability for accrued earn-out acquisition consideration 6,323 4,443
Put option liability
Deferred rent 1,847 1,962
Deferred revenue 1,803 1,837
Long term deferred rent    
Other liabilities 2,157 2,449
Total liabilities 248,316 194,534
Temporary equity    
Stockholders' equity:    
Convertible D Preferred stock, $.10 par value, 500,000 shares authorized, no shares issued and outstanding at Sep 30, 2015 and December 31, 2014
Common stock, $.10 par value, 60,000,000 shares authorized, 33,787,094 issued and outstanding, respectively at Sep 30, 2015 and 36,232,074 issued and 36,191,565 outstanding at December 31, 2014 3,378 3,527
Additional paid-in capital 69,756 113,383
Treasury stock* (no shares as of Sep 30, 2015 and 40,509 as of December 31, 2014 respectively)    
Retained earnings (Accumulated deficit) 359,341 325,333
Accumulated other comprehensive income (loss) 32,312 (23,549))
Total stockholders' equity $400,163 418,694
Total liabilities, temporary equity and stockholders' equity $648,479 $613,228