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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:      
Net earnings (loss) $ 11,881,000 $ (118,702,000) $ (33,833,000)
Earnings from discontinued operations, net of tax (1,790,000) (5,404,000) 0
Non-cash operating activities:      
Depreciation and amortization 11,508,000 20,787,000 24,248,000
Loss on disposal or impairment of assets 1,219,000 4,137,000 183,000
Gain on sale of strategic investments 0 (194,000) 0
Lease-related impairment and restructuring charges 1,769,000 27,545,000 0
Gain on distribution from retained profits interest 0 0 (30,235,000)
Provision for doubtful accounts 2,254,000 1,776,000 4,217,000
Impairment of goodwill 2,875,000 0 0
Deferred income taxes (458,000) 115,000 (1,540,000)
Non-cash stock compensation expense 71,304,000 125,800,000 87,257,000
Changes in operating assets and liabilities:      
Accounts receivable, net (32,336,000) (12,123,000) (38,611,000)
Deferred commissions (11,113,000) (6,436,000) (7,975,000)
Other assets 9,426,000 7,705,000 26,863,000
Accounts payable and other liabilities 8,508,000 (15,369,000) 8,850,000
Income taxes 22,275,000 596,000 33,969,000
Deferred revenue 8,334,000 4,208,000 4,684,000
Net cash provided by operating activities 105,656,000 34,441,000 78,077,000
Cash flows from investing activities:      
Capital expenditures (4,255,000) (4,696,000) (4,499,000)
Cash paid in acquisitions, net of cash received (170,281,000) 0 (19,107,000)
Distribution from retained profits interest 0 0 31,184,000
Purchases of investments (48,894,000) (28,197,000) 0
Proceeds from sales of investments 50,750,000 3,000,000 0
Purchases of strategic investments (1,000,000) (500,000) 0
Proceeds from sale of strategic investment 0 1,394,000 0
Net cash provided by (used in) investing activities (173,680,000) (28,999,000) 7,578,000
Cash flows from financing activities:      
Proceeds related to the issuance of common stock under stock and employee benefit plans 7,222,000 6,259,000 6,266,000
Shares repurchased for tax withholdings upon vesting of stock-based awards (5,835,000) (2,272,000) (14,626,000)
Acquisition of treasury stock (60,502,000) (149,997,000) (58,621,000)
Net cash used in financing activities (59,115,000) (146,010,000) (66,981,000)
Net cash provided by (used in) continuing operations (127,139,000) (140,568,000) 18,674,000
Cash flows from discontinued operations:      
From operating activities 1,790,000 5,404,000 0
Net cash provided by discontinued operations 1,790,000 5,404,000 0
Effect of exchange rate changes on cash 372,000 (550,000) (199,000)
Net change in cash and cash equivalents (124,977,000) (135,714,000) 18,475,000
Cash and cash equivalents at beginning of period 464,448,000 600,162,000 581,687,000
Cash and cash equivalents at end of period 339,471,000 464,448,000 600,162,000
Supplemental cash flow information:      
Cash paid (received) for income taxes, net - continuing operations 2,465,000 5,801,000 (32,916,000)
Cash (received) for income taxes - discontinued operations (2,765,000) (8,332,000) 0
Cash paid for operating lease liabilities 10,293,000 8,243,000 10,108,000
Operating lease assets obtained in exchange for operating lease liabilities 11,825,000 69,000 56,182,000
Operating lease assets, and related lease liabilities, relinquished in lease terminations (4,486,000) (6,781,000) 0
Purchases of property, plant and equipment remaining unpaid at period end $ 104,000 $ 47,000 $ 696,000