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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Mar. 31, 2024
Cash flows from operating activities:            
Net loss $ 48,810   $ (132,577) $ (385,539) $ (115,315)  
Adjustments to reconcile net loss to cash provided by (used in) operating activities:            
Depreciation and amortization       48,190 56,928  
Loss on extinguishment of debt       1,134 0  
Operating lease right-of-use asset amortization       7,852 7,857  
Gain on divestiture of a business 0   0 0 (3,806)  
Loss on disposal of fixed assets       15 299  
Share-based compensation expense       50,586 54,653  
Change in fair value of derivative investment       0 (206)  
Goodwill impairment 0 $ 427,000 167,106 426,967 167,106 $ 217,300
Deferred income taxes       (32,248) (35,530)  
Other gains       (2,947) (1,758)  
Changes in assets and liabilities            
Accounts receivable and unbilled costs       (22,374) (77,787)  
Inventories and deferred costs       (1,460) (634)  
Prepaid expenses and other assets       6,688 (6,583)  
Accounts payable       (485) (984)  
Accrued compensation and other expenses       9,158 (46,170)  
Operating lease liabilities       (9,274) (8,970)  
Income taxes payable       (296) (2,631)  
Deferred revenue       (19,818) (21,236)  
Net cash provided by (used in) operating activities       76,149 (34,767)  
Cash flows from investing activities:            
Purchase of marketable securities and investments       (29,348) (43,159)  
Proceeds from sales and maturity of marketable securities       36,688 53,569  
Purchase of fixed assets       (4,009) (4,747)  
Purchase of intangible assets       (1,290) 0  
Proceeds from divestiture of a business       0 7,766  
Net cash provided by investing activities       2,041 13,429  
Cash flows from financing activities:            
Issuance of common stock under stock plans       2 3  
Treasury stock repurchases       (25,257) (50,000)  
Tax withholding on restricted stock units       (13,829) (19,151)  
Payment of debt issuance costs       (2,450) 0  
Repayment of long-term debt       (100,000) 0  
Proceeds from issuance of long-term debt       75,000 0  
Net cash used in financing activities       (66,534) (69,148)  
Effect of exchange rate changes on cash and cash equivalents       (2,969) 1,347  
Net increase (decrease) in cash and cash equivalents       8,687 (89,139)  
Cash and cash equivalents, beginning of period   $ 389,674   389,674 386,794 386,794
Cash and cash equivalents, end of period $ 398,361   $ 297,655 398,361 297,655 $ 389,674
Supplemental disclosures:            
Cash paid for interest       3,793 4,817  
Cash paid for income taxes       32,197 54,481  
Non-cash transactions:            
Transfers of inventory to fixed assets       1,020 1,814  
Additions to property, plant and equipment included in accounts payable       318 414  
Issuance of common stock under employee stock plans       $ 4,577 $ 6,006