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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities:    
Net income $ 61,877 $ 21,785
Adjustments required to reconcile net income to net cash provided by operating activities:    
Depreciation expense 5,320 2,958
Bad debt expense (54) (13)
Stock-based compensation 17,938 18,047
Write-down of inventory and other assets 2,528 1,354
Excess tax benefit from stock-based awards   (3,631)
Deferred tax provision 3,073 9,777
Change in fair value of contingent consideration 682 186
Changes in assets and liabilities:    
Accounts receivable (2,824) (3,807)
Inventories (5,363) (6,284)
Prepaid expenses and other assets (869) (2,029)
Accounts payable 299 1,906
Accrued expenses and other liabilities (3,174) 3,157
Deferred revenue 18 330
Net cash provided by operating activities 79,451 43,736
Investing activities:    
Purchases of marketable securities (131,934) (134,235)
Proceeds from the sale and maturity of marketable securities 95,416 116,685
Purchase of other investment (6,400)  
Purchases of property and equipment (17,675) (10,453)
Net cash used for investing activities (60,593) (28,003)
Financing activities:    
Proceeds from the exercise of stock options 5,257 5,764
Excess tax benefit from stock-based awards   3,631
Taxes paid related to net share settlement of vesting of stock awards (19,237) (19,608)
Proceeds from the issuance of stock under employee stock purchase plan 1,063 769
Principal payments on capital lease obligation (377) (83)
Net cash used for financing activities (13,294) (9,527)
Effect of exchange rate changes on cash (68) 272
Net increase in cash and cash equivalents 5,496 6,478
Cash and cash equivalents at beginning of period 39,040 48,231
Cash and cash equivalents at end of period 44,536 54,709
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 584 560
Cash paid for interest on capital lease obligation 259 89
Supplemental disclosure of non-cash investing and financing activities:    
Property and equipment under capital lease obligation   16,784
Property and equipment in accounts payable and accrued expenses $ 897 $ 3,810