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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Operating activities:      
Net income $ 112,170 $ 52,116 $ 38,147
Adjustments required to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 11,005 6,202 3,277
Bad debt expense 38 159 42
Stock-based compensation 40,353 32,866 29,053
Write-down of inventory and other 3,946 3,085 2,094
Excess tax benefit from stock-based awards   (12,038) (3,567)
Deferred tax provision 42,624 25,803 22,296
Change in fair value of contingent consideration 1,337 1,590 1,053
Changes in assets and liabilities:      
Accounts receivable (15,289) (11,550) (10,930)
Inventories (15,686) (12,284) (11,473)
Prepaid expenses and other assets (4,466) (2,366) (2,290)
Accounts payable 4,412 7,565 (2,645)
Accrued expenses and other liabilities 7,722 22,223 10,020
Deferred revenue 4,380 1,745 1,718
Net cash provided by operating activities 192,546 115,116 76,795
Investing activities:      
Purchases of marketable securities (325,408) (278,501) (260,975)
Proceeds from the sale and maturity of marketable securities 206,909 205,482 219,639
Purchase of other investment (6,400) (2,899) (750)
Purchases of property and equipment (55,863) (50,415) (15,624)
Net cash used for investing activities (180,762) (126,333) (57,710)
Financing activities:      
Proceeds from the exercise of stock options 9,303 10,660 9,771
Excess tax benefit from stock-based awards   12,038 3,567
Taxes paid related to net share settlement upon vesting of stock awards (20,317) (20,105) (7,313)
Proceeds from the issuance of stock under employee stock purchase plan 2,394 1,720 1,135
Principal payments on capital lease obligation (517) (446)  
Net cash (used for) provided by financing activities (9,137) 3,867 7,160
Effect of exchange rate changes on cash 1,288 (1,841) (415)
Net increase in cash and cash equivalents 3,935 (9,191) 25,830
Cash and cash equivalents at beginning of year 39,040 48,231 22,401
Cash and cash equivalents at end of year 42,975 39,040 48,231
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 4,641 1,405 848
Cash paid for interest on capital lease obligation 302 354  
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 $ 3,338 $ 5,692 $ 1,797