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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss attributable to New Relic $ (33,783) $ (13,951)
Net loss attributable to redeemable non-controlling interest (Note 3) (897) (197)
Net loss: (34,680) (14,148)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 37,268 24,823
Stock-based compensation expense 44,546 24,860
Amortization of debt discount and issuance costs 10,404 7,292
Gain on lease modification (3,006)  
Other (1,465) 588
Changes in operating assets and liabilities:    
Accounts receivable, net 43,651 23,345
Prepaid expenses and other assets 368 724
Deferred contract acquisition costs (18,038) (17,415)
Lease right-of-use assets 17,512  
Accounts payable 3,208 1,960
Accrued compensation and benefits and other liabilities 275 4,570
Lease liabilities (16,157)  
Deferred revenue (38,382) 639
Deferred rent 0 976
Net cash provided by operating activities 45,504 58,214
Cash flows from investing activities:    
Purchases of property and equipment (31,570) (14,255)
Purchases of short-term investments (263,321) (496,229)
Proceeds from sale and maturity of short-term investments 247,379 76,683
Capitalized software development costs (3,053) (3,062)
Net cash used in investing activities (50,565) (436,863)
Cash flows from financing activities:    
Investment from redeemable non-controlling interest 978 3,596
Proceeds from issuance of convertible senior notes, net of issuance costs paid of $11,582 0 488,669
Purchase of capped call related to convertible senior notes 0 (63,182)
Proceeds from employee stock purchase plan 5,933 4,887
Proceeds from exercise of employee stock options 3,054 8,998
Net cash provided by financing activities 9,965 442,968
Net increase (decrease) in cash, cash equivalents and restricted cash 4,904 64,319
Cash, cash equivalents and restricted cash at beginning of period 243,161 140,681
Cash, cash equivalents and restricted cash at end of period 248,065 205,000
Supplemental disclosure of cash flow information:    
Cash paid for interest and income taxes 1,894 457
Noncash investing and financing activities:    
Property and equipment purchased but not yet paid $ 13,100 $ 6,878