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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2024
Cash flows from operating activities:      
Net loss $ (443,376) $ (4,200)  
Adjustments to reconcile net loss to cash provided by (used in) operating activities:      
Depreciation and amortization 16,405 19,436  
Operating lease right-of-use asset amortization 2,606 2,592  
Loss on disposal of fixed assets 0 38  
Share-based compensation expense 21,198 19,844  
Change in fair value of derivative investment 0 (206)  
Goodwill impairment 426,967 0 $ 217,300
Deferred income taxes (17,077) (11,456)  
Other (gains) losses (8,839) 363  
Changes in assets and liabilities      
Accounts receivable and unbilled costs 62,715 35,565  
Inventories and deferred costs (1,567) (1,604)  
Prepaid expenses and other assets 4,152 (1,157)  
Accounts payable 1,686 (2,031)  
Accrued compensation and other expenses 8,740 (37,677)  
Operating lease liabilities (3,022) (2,907)  
Income taxes payable (65) (2,717)  
Deferred revenue (32,095) (36,251)  
Net cash provided by (used in) operating activities 38,428 (22,368)  
Cash flows from investing activities:      
Purchase of marketable securities and investments (12,151) (25,905)  
Proceeds from sales and maturity of marketable securities 10,325 8,733  
Purchase of fixed assets (1,268) (1,957)  
Net cash used in investing activities (3,094) (19,129)  
Cash flows from financing activities:      
Issuance of common stock under stock plans 2 2  
Treasury stock repurchases (25,000) 0  
Tax withholding on restricted stock units (12,159) (13,406)  
Repayment of long-term debt (25,000) 0  
Net cash used in financing activities (62,157) (13,404)  
Effect of exchange rate changes on cash and cash equivalents (638) 823  
Net decrease in cash and cash equivalents (27,461) (54,078)  
Cash and cash equivalents, beginning of period 389,674 386,794 386,794
Cash and cash equivalents, end of period 362,213 332,716 $ 389,674
Supplemental disclosures:      
Cash paid for interest 1,437 1,587  
Cash paid for income taxes 9,143 21,831  
Non-cash transactions:      
Transfers of inventory to fixed assets 645 1,114  
Additions to property, plant and equipment included in accounts payable $ 253 $ 46