XML 19 R6.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net loss $ (42,140) $ (3,015)
Earnings from discontinued operations, net of tax 0 (24,803)
Non-cash operating activities:    
Depreciation and amortization 8,877 9,403
Loss on disposal or impairment of assets 85 (15)
Provision for doubtful accounts 962 (464)
Deferred income taxes 7 (1,692)
Non-cash stock compensation expense 18,630 17,798
Changes in operating assets and liabilities:    
Accounts receivable (3,451) (852)
Deferred commissions 174 (998)
Other assets 3,600 (574)
Accounts payable and other liabilities (188) 4,403
Income taxes (863) (1,898)
Deferred revenue (1,101) 427
Net cash used in operating activities (15,408) (2,280)
Cash flows from investing activities:    
Capitalized software 0 (899)
Capital expenditures (4,888) (712)
Payments for investments 0 (2,500)
Cash paid in acquisition, net of cash received (4,479) 0
Net cash used in investing activities (9,367) (4,111)
Cash flows from financing activities:    
Payments of debt 0 (592)
Fees from debt refinancing 0 (300)
Proceeds related to the issuance of common stock under stock and employee benefit plans 1,060 4,116
Shares repurchased for tax withholdings upon vesting of stock-based awards (12,093) (10,044)
Acquisition of treasury stock (20,099) (45,766)
Net cash used in financing activities (31,132) (52,586)
Cash flows from discontinued operations:    
From operating activities 0 20,181
From investing activities 0 (6,573)
Effect of exchange rate changes on cash 0 (167)
Net cash provided by discontinued operations 0 13,441
Effect of exchange rate changes on cash (89) (927)
Net change in cash and cash equivalents (55,996) (46,463)
Cash and cash equivalents at beginning of period 1,061,473 140,018
Cash and cash equivalents at end of period 1,005,477 93,555
Cash paid (received) during the period for:    
Income taxes, net of refunds $ 110 $ (1,100)