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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 44,280 $ 7,915
Adjustments to reconcile net income to cash provided by operating activities, net of the effects of acquisitions:    
Depreciation and amortization 72,047 79,638
Loss on extinguishment of debt 596 0
Operating lease right-of-use assets 7,589 7,820
Loss on disposal of fixed assets 2 37
Share-based compensation expense 43,381 40,349
Change in fair value of contingent consideration (837) 0
Deferred income taxes (11,093) (10,438)
Other gains (21) (1)
Changes in assets and liabilities    
Accounts receivable and unbilled costs (36,211) 6,722
Inventories (1,265) (5,083)
Prepaid expenses and other assets (1,031) 2,321
Accounts payable 844 (589)
Accrued compensation and other expenses (13,438) 22,694
Operating lease liabilities (8,855) (7,923)
Income taxes payable (1,861) 190
Deferred revenue 46,260 (21,749)
Net cash provided by operating activities 140,387 121,903
Cash flows from investing activities:    
Purchase of marketable securities (11,343) (13,974)
Proceeds from sales and maturity of marketable securities 15,264 51,706
Purchase of fixed assets (7,004) (9,110)
Purchase of intangible assets 0 (4,537)
Decrease in deposits 28 105
Net cash (used in) provided by investing activities (3,055) 24,190
Cash flows from financing activities:    
Issuance of common stock under stock plans 2 2
Payment of contingent consideration 0 (1,000)
Treasury stock repurchases (35,652) (3,275)
Tax withholding on restricted stock units (15,246) (12,768)
Payment of debt issuance costs (3,660) 0
Repayment of long-term debt (350,000) 0
Proceeds from issuance of long-term debt 350,000 0
Collection of contingent consideration 837 0
Net cash used in financing activities (53,719) (17,041)
Effect of exchange rate changes on cash and cash equivalents (2,684) 9,214
Net increase in cash and cash equivalents and restricted cash 80,929 138,266
Cash and cash equivalents and restricted cash, beginning of period 467,176 340,237
Cash and cash equivalents and restricted cash, end of period 548,105 478,503
Supplemental disclosures:    
Cash paid for interest 3,716 6,103
Cash paid for income taxes 24,677 8,532
Non-cash transactions:    
Transfers of inventory to fixed assets 2,657 1,530
Additions to property, plant and equipment included in accounts payable 361 231
Issuance of common stock under employee stock plans $ 6,890 $ 6,475