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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:      
Net loss $ (73,143) $ (175,383) $ (165,585)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 10,464 11,374 11,297
Amortization of intangible assets 21,078 8,317 6,886
Amortization of capitalized internal-use software costs 20,739 28,863 26,934
Impairment of capitalized software 3,729
Amortization of debt discount and issuance costs 4,254 20,404 16,898
Amortization of deferred sales commission costs 38,195 34,701 27,817
Allowance for credit losses 1,892 1,974 4,471
Operating lease expense, net of accretion 12,030 13,482 15,210
Stock-based compensation expense 89,536 133,331 107,638
Gain on debt extinguishment (18,545) 0 0
Gain on remeasurement of warrants (417) 0 0
Impairment of right-of-use assets 2,651 0 0
Gain on sale of assets (1,821) 0 0
Other 101 3,726 1,521
Changes in assets and liabilities:      
Accounts receivable (8,450) 6,867 (14,869)
Deferred sales commission costs (31,086) (44,224) (52,960)
Other current and non-current assets 2,150 (4,022) (3,963)
Accounts payable and accruals (24,403) (8,740) (10,033)
Deferred revenue (168) 4,010 14,672
Net cash provided by (used in) operating activities 48,786 34,680 (14,066)
Cash flows from investing activities:      
Purchases of property and equipment (2,991) (4,137) (6,430)
Proceeds from sale of intangible assets 1,000 0
Capitalized internal-use software costs (11,896) (20,370) (28,816)
Purchases of investments (53,308) (83,383) (52,172)
Sales of investments  8,296 13,299 1,018
Proceeds from maturities of investments  66,199 60,023 60,479
Acquisition of businesses, net of cash acquired (1,250) (125,410) (10,400)
Net cash provided by (used in) investing activities 6,050 (159,978) (36,321)
Cash flows from financing activities:      
Finance lease payments 0 (15) (78)
Tax-related withholding of common stock 0 (310) (69)
Proceeds from issuance of common stock under employee stock plans 4,679 16,107 13,339
Repurchase of capped calls 244 0 0
Repurchase of common stock (60,214) (44,976) 0
Repayment of convertible senior notes (217,299) 0 0
Proceeds from issuance of convertible notes 0 134,619 0
Net proceeds from term loan 234,806 0 0
Net cash (used in) provided by financing activities (37,784) 105,425 13,192
Effect of exchange rate changes on cash (5,037) (585) 1,956
Net decrease in cash, cash equivalents and restricted cash 12,015 (20,458) (35,239)
Cash, cash equivalents and restricted cash, beginning of year 100,714 121,172 156,411
Cash, cash equivalents and restricted cash, end of year 112,729 100,714 121,172
Supplemental and non-cash disclosures:      
Right-of-use assets obtained in exchange for new and modified operating lease liabilities 0 0 0
Right-of-use assets acquired in connection with Fuze acquisition 0 7,261 0
Shares consideration in connection with Fuze acquisition 0 80,856 0
Payables for fixed assets 38 88 0
Issuance of 2028 convertible senior notes in exchange of 2024 convertible senior notes 201,914 0 0
Warrants issued in connection with term loan 5,915 0 0
Shares issued in connection with term loan and convertible senior notes 5,084 0 0
Interest paid 22,162 2,156 1,813
Income taxes paid 1,530 1,320 555
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets:      
Cash and cash equivalents 111,400 91,205 112,531
Restricted cash, current 511 8,691 8,179
Restricted cash, non-current 818 818 462
Total cash, cash equivalents and restricted cash $ 112,729 $ 100,714 $ 121,172