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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:      
Net income $ 48,352 $ 17,691 $ 8,948
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 32,545 29,001 27,537
Share-based compensation expense 15,716 29,056 27,411
Provision (recovery) for doubtful accounts (13) (864) 1,248
Gain on disposal of property and equipment (366) (71) (10)
Impairment of long-lived asset classified as held for sale   3,955  
Impairment of investment 184 1,411  
Foreign currency transaction losses, net 15,999 13,130 3,543
Amortization of discounts and premiums on investments (6) 83 313
Amortization of debt issuance cost 1,188 1,092 1,057
Deferred income taxes, net 2,183 (1,770) (9,946)
Net changes in operating assets and liabilities      
Accounts receivable and unbilled receivable (12,435) (22,741) (36,542)
Prepaid expenses and other current assets (13,080) (21,498) (9,260)
Other long-term assets (21,126) (21,812) (1,377)
Accounts payable (3,008) 16,452 4,413
Accrued employee compensation and benefits 7,435 3,663 13,772
Accrued expenses and other current liabilities 12,489 13,059 3,931
Operating lease liabilities 289    
Income taxes payable (2,513) 4,120 12,683
Other long-term liabilities (3,939) 4,662 14,978
Net cash provided by operating activities 79,894 68,619 62,699
Cash flows from investing activities:      
Proceeds from sale of property and equipment 909 1,033 261
Purchase of short-term investments (36,047) (96,557) (100,486)
Proceeds from sale or maturity of short-term investments 58,408 109,512 157,194
Purchase of long-term investments     (16,772)
Proceeds from sale or maturity of long-term investments     1,606
Payment for asset acquisitions (9,542)    
Payment of contingent consideration of asset acquisition (1,051)    
Business acquisitions, net of cash acquired (29,162)   (78,376)
Payment of deferred consideration related to business acquisitions (17,500) (52,784)  
Purchase of property and equipment (13,034) (35,912) (16,096)
Net cash used in investing activities (47,019) (74,708) (52,669)
Cash flows from financing activities:      
Proceeds from debt     141,000
Payment of debt issuance costs (808)   (2,716)
Proceeds from revolving credit facility 145,000 74,500 75,000
Payment of debt (12,032) (12,500) (81,000)
Repayment of revolving credit facility     (20,000)
Payment of contingent consideration related to acquisitions (2,685) (100)  
Acquisition of noncontrolling interest     (147,026)
Acquisition of other non controlling interest   (373) (42)
Repurchase of common stock (18,680)   (30,000)
Payments of withholding taxes related to net share settlements of restricted stock (10,544) (12,094) (7,173)
Purchase of redeemable noncontrolling interest related to Polaris   (31,979)  
Series A Convertible Preferred Stock proceeds, net of issuance costs of $1,154     106,846
Payment to acquire noncontrolling interest (21,209)    
Principal payments on capital lease obligation   (89) (220)
Principal payments on capital lease obligation (36)    
Payment of dividend on Series A Convertible Preferred Stock (4,184) (4,184) (3,127)
Net cash provided by financing activities 75,383 14,749 37,442
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6,770) (13,782) 2,677
Net increase (decrease) in cash and cash equivalents and restricted cash 101,488 (5,122) 50,149
Cash, cash equivalents and restricted cash, beginning of year 190,113 195,235 145,086
Cash, cash equivalents and restricted cash, end of year 291,601 190,113 195,235
Supplemental disclosure of cash flow information:      
Cash paid for interest 17,949 16,900 5,573
Cash receipts from interest 2,500 3,229 4,322
Cash paid for income tax 21,888 23,591 16,116
Parent      
Cash flows from financing activities:      
Proceeds from exercise of common stock options 468 1,019 4,063
Subsidiaries      
Cash flows from financing activities:      
Proceeds from exercise of common stock options $ 93 $ 549 $ 1,837