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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 19,352 $ (2,754) $ (73,324)
Adjustments to reconcile net income (loss) to cash provided by operating activities, net of the effects of acquisitions:      
Depreciation and amortization 105,828 116,104 137,878
Operating lease right-of-use assets 10,004 10,504  
Loss on divestiture of business 0 0 7,660
Loss on disposal of fixed assets 236 16 260
Deal related compensation expense and accretion charges 0 0 102
Share-based compensation expense associated with equity awards 51,892 50,861 56,328
Net change in fair value of contingent and contractual liabilities 0 798 1,614
Accretion of contingent consideration 0 (36) (119)
Impairment charge 0 0 35,871
Deferred income taxes (23,804) (9,821) (33,442)
Other gains (196) (152) (152)
Changes in assets and liabilities      
Accounts receivable and unbilled costs 16,878 21,472 (22,180)
Due from related party 0 0 172
Inventories (2,043) 1,501 5,321
Prepaid expenses and other assets 11,483 13,839 3,034
Accounts payable (1,734) (4,288) (3,876)
Accrued compensation and other expenses 31,955 32,812 19,964
Operating lease liabilities (10,307) (13,077)  
Due to related party 0 0 234
Income taxes payable 6,684 (919) (639)
Deferred revenue (2,307) 8,163 15,132
Net cash provided by operating activities 213,921 225,023 149,838
Cash flows from investing activities:      
Purchase of marketable securities (15,673) (117,383) (229,769)
Proceeds from maturity of marketable securities 56,806 144,322 230,433
Purchase of fixed assets (11,986) (19,922) (23,392)
Purchase of intangible assets (4,537) 0 0
Payments related to the divestiture of business 0 0 (3,293)
Acquisition of businesses, net of cash acquired 0 (11,347) 0
Decrease (increase) in deposits 88 (31) (97)
Collection of contingent consideration 0 52 0
Capitalized software development costs 0 0 (134)
Net cash provided by (used in) investing activities 24,698 (4,309) (26,252)
Cash flows from financing activities:      
Issuance of common stock under stock plans 2 2 3
Payment of contingent consideration (1,748) 0 (2,851)
Treasury stock repurchases (3,275) (175,000) (14,468)
Tax withholding on restricted stock units (13,286) (11,872) (11,969)
Repayment of long-term debt (100,000) (100,000) (50,000)
Net cash used in financing activities (118,307) (286,870) (79,285)
Effect of exchange rate changes on cash and cash equivalents 6,627 (3,427) (5,212)
Net increase (decrease) in cash and cash equivalents 126,939 (69,583) 39,089
Cash and cash equivalents and restricted cash, beginning of year 340,237 409,820 370,731
Cash and cash equivalents and restricted cash, end of year 467,176 340,237 409,820
Supplemental disclosures of cash flow information:      
Cash paid for interest 7,685 17,644 23,281
Cash paid for income taxes 11,472 13,061 13,381
Non-cash transactions:      
Transfers of inventory to fixed assets 1,530 2,290 2,152
Additions to property, plant and equipment included in accounts payable 333 255 455
Issuance of common stock under employee stock purchase plans 14,429 14,227 15,074
Contingent consideration related to acquisition, included in accrued other 0 1,800 0
Tenant improvement allowance 0 0 10,171
Initial fair value of contingent consideration received as partial consideration for divestiture of business $ 0 $ 0 $ 2,257