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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:      
Net income (loss) $ 52,451 $ 75,714 $ (413,817)
Adjustments to reconcile net income (loss) to cash provided by (used in) operations:      
Depreciation 10,638 9,022 7,864
Amortization 46,238 51,942 58,457
Share-based compensation 99,536 57,784 222,478
Deferred income taxes (12,401) (7,036) (46,221)
Other 1,486 1,845 6,129
Net change in operating assets and liabilities:      
Accounts receivable (108,848) (81,992) (44,021)
Deferred commissions (29,533) (16,323) (20,107)
Prepaid expenses and other assets (8,108) 5,669 (57,588)
Accounts payable and accrued expenses 35,946 26,592 53,004
Operating leases, net 1,353 731 0
Deferred revenue 162,159 96,488 91,367
Net cash provided by (used in) operating activities 250,917 220,436 (142,455)
Cash flows from investing activities:      
Purchase of property and equipment (17,695) (14,076) (19,721)
Capitalized software costs 0 197 (892)
Acquisition of businesses, net of cash acquired (13,195) 0 0
Net cash used in investing activities (30,890) (13,879) (20,613)
Cash flows from financing activities:      
Proceeds from initial public offering, net of underwriters' discounts and commissions 0 0 590,297
Settlement of deferred offering costs 0 0 (5,000)
Debt issuance costs 0 0 (866)
Repayment of term loans (120,000) (120,000) (515,189)
Contribution for tax associated with reorganization 0 0 265,000
Proceeds from employee stock purchase plan 13,913 9,195 0
Proceeds from exercise of stock options 25,489 13,052 0
Equity repurchases (66) (49) (156)
Installments related to acquisitions 0 0 (4,694)
Net cash (used in) provided by financing activities (80,664) (97,802) 329,392
Effect of exchange rates on cash and cash equivalents (1,358) 3,037 (4,468)
Net increase in cash and cash equivalents 138,005 111,792 161,856
Cash and cash equivalents, beginning of year 324,962 213,170 51,314
Cash and cash equivalents, end of year 462,967 324,962 213,170
Supplemental cash flow data:      
Cash paid for interest 8,375 12,475 39,568
Cash paid for (received from) tax, net 24,247 (7,337) 266,708
Noncash investing and financing activities:      
Reclassification of related party payable upon reorganization 0 0 600,622
Modification of MIU Plan awards $ 0 $ 0 $ 278,248