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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 (loss) $ 173,533 $ 67,303 $ (8,302)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Amortization and impairment of software development costs and licenses 77,887 221,911 134,472
Stock-based compensation 116,349 81,879 69,996
Amortization of intellectual property 34,830 6,738 160
Depreciation 32,202 30,707 28,800
Amortization of discount on Convertible Notes 15,662 21,222 23,457
Impairment of in-process research and development 11,257 0 0
Amortization of debt issuance costs 578 1,227 1,567
Deferred income taxes (32,523) 3,020 (270)
Gain on long-term investments, net 0 (1,350) (2,683)
Gain on redemption of Convertible Notes (4,900) 0 0
Other, net 6,375 (3,410) 2,588
Changes in assets and liabilities:      
Restricted cash (99,580) (76,474) (91,491)
Accounts receivable (26,998) (41,956) 49,348
Inventory 3,917 (4,942) 3,809
Software development costs and licenses (225,269) (252,951) (219,217)
Prepaid expenses, other current and other non-current assets (74,544) (22,155) (12,272)
Deferred revenue 198,397 126,285 152,325
Deferred cost of goods sold (11,959) (14,969) (41,144)
Accounts payable, accrued expenses and other liabilities 198,733 189,344 170,162
Net cash provided by operating activities 393,947 331,429 261,305
Investing activities:      
Change in bank time deposits (40,918) 89,076 (182,383)
Proceeds from available-for-sale securities 241,012 155,936 43,314
Purchases of available-for-sale securities (369,998) (221,671) (150,501)
Purchases of fixed assets (61,557) (21,167) (37,280)
Proceeds from sale of long-term investment 0 1,350 2,683
Purchase of long-term investments (5,000) (1,885) 0
Business acquisitions, net of cash acquired (9,401) (130,669) 0
Asset acquisition (25,965) 0 0
Other 0 0 (349)
Net cash used in investing activities (271,827) (129,030) (324,516)
Financing activities:      
Tax payment related to net share settlements on restricted stock awards (112,884) (51,762) (22,916)
Repurchase of common stock (154,792) 0 (26,552)
Excess tax benefit from stock-based compensation 0 1,990 1,421
Other (13,791) 0 0
Net cash used in financing activities (281,467) (49,772) (48,047)
Effects of foreign currency exchange rates on cash and cash equivalents 24,924 (7,973) (1,120)
Net change in cash and cash equivalents (134,423) 144,654 (112,378)
Cash and cash equivalents, beginning of year 943,396 798,742 911,120
Cash and cash equivalents, end of year 808,973 943,396 798,742
Supplemental data:      
Interest paid 4,121 7,628 7,626
Income taxes paid (refunded) $ 8,790 $ 6,648 $ (26,223)